How to define scope? Traditionally, the project management metrics of time, cost, scope and quality have been the most important factors in defining the success of a project. More recently, practitioners and scholars have determined that project success should also be measured with consideration toward achievement of the project objectives1. That means, as a Project Manager, one should…
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Infrastructure projects generate a lot of information, shared amongst multiple users and stakeholders through the project lifecycle. The question is: how is this information managed? How is it stored, shared, disseminated, accessed, updated? The short answer is: inefficiently. Project data management in Indian Infrastructure projects In a typical Indian Infrastructure project, the method of managing…
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Introduction Key benefits of Integrated Agile Project delivery from a 1.6 billion Oil and Gas project; Project completion ahead of 36 months schedule 90% on time delivery of deliverables 80% deliverables completed within budget 100% quality assurance across all team’s output 80% reduction in errors and rework Key enablers Integrated planning Multiple levels of planning…
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From tough customer to business partner: China Petroleum Engineering (CPE) By Varghese Daniel, CEO, Wrench When we started working with China Petroleum Engineering, Beijing, I had no idea they’d one day help us engineer a partnership with a local technology reseller to deliver Wrench SmartProject (WrenchSP) in China. I did expect positive feedback like “reduced delays” and “lowered costs”,…
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When is Earned Value Management (EVM) applicable?
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“Work Breakdown Structure (WBS) is a deliverable-oriented grouping of work.” Project Management Body of Knowledge (PMBOK), Version 6.
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Why stakeholder mapping is a critical for your project success?
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How to effectively manage the stakeholders of a construction project
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The definition of ‘project’s success’ is continuously evolving
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