Basics 8 min read
Leading a Megaproject?
Introduction So, you’re about to close the deal on a mega project with all the potential in the world. Everyone…
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Basics 2 min read
Creating a Culture for Time Tracking
Accurate project cost capturing provides an organization with an invaluable amount of data for decision making. Without the knowledge of…
Basics 2 min read
Managing Project Changes
Change requests are inevitable in any project. Successful project managers effectively manage changes through the use of change control boards.…
Basics 2 min read
Developing a Baseline Budget for a Project
A cost baseline is an approved time phased plan. Once a detailed budget is developed and approved, the project manager…
Basics 3 min read
Project Scheduling
The project schedule is the tool that communicates what work needs to be performed, which resources of the organization will…
Basics 1 min read
What is the difference between projects and operations?
In any organization, only two aspects of work exist—on-going operations and projects. Projects are defined as unique, temporary endeavors with…
Basics 2 min read
5 Basic Phases of Project Management
Project Management defines as “the application of knowledge, skills, tools and techniques to a broad range of activities in order to…
Basics 2 min read
Who are Project Managers?
They are organized, passionate and goal-oriented who understand what projects have in common, and their strategic role in how organizations…
Basics 2 min read
What is Project Management?
More specifically, what is a project? It’s a temporary endeavor undertaken to create a unique product, service or result. A…
Financial & Risk Aspects of Projects 1 min read
Quantitative Risk Analysis
· Analyse numerically the probability and consequence of each risk · Decision Tree analysis · Expected Monetary Value Analysis (EMV) EXPECTED MONETARY VALUE…