Archive for November, 2019
3 Steps to Accurate Project Cost Estimation and Budgeting
Completing the projects within budget is a subject of very high interest for project managers. Unfortunately. cost over runs continue to be very common. As per recent Economic times report; 423 infra projects show cost…
- 28 Nov 2019
EVM Progress monitoring using S Curves and histograms of engineering deliverables
One of the biggest problems facing project managers is the lack of on-time project progress data. By the time progress information reaches them on a weekly or monthly basis, a lot of precious time has…
- 20 Nov 2019
7 steps to define Project’s Organization Breakdown Structure (OBS)
The planning, organizing and delivery of large projects are extremely complex. The success or failure of such projects are determined by the project strategy. Large projects also involve many different stakeholders entering and exiting the…
- 14 Nov 2019
Bullet proofing Engineering Progress Monitoring & Control
By harnessing the power of electronic data management and earned value management systems, engineering progress monitoring and control can be improved considerably resulting in improved project velocity.
- 14 Nov 2019
Work Break Down Structures – 10 Key Characteristics
Divide and rule is the philosophy behind developing the Work Breakdown Structure (WBS). Creation of WBS happens after scope definition and before the development of the project schedule. Once the requirements are collected, and the scope is defined, then it is time to decompose the scope into a Work Breakdown Structure (WBS). The WBS is a deliverable oriented grouping of work. It decomposes the complete scope of the project into smaller manageable components known as Work Packages. WBS provide the break up of work that needs to be performed to construct and deliver the deliverables of the project. Read more
- 07 Nov 2019
Featured Posts
Undisputed Change Requests in EPC projects
- March 28, 2023
