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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
Strategic Management of Projects
How do you choose the right project strategy? In this post, we discuss how an overall project strategy is formed from various sub-strategies, and how these sub-strategies guide decision-making and action.
- 31 Oct 2019
4 Steps to developing a high quality project scope
Recent paradigm shift in scope definition 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…
- 17 Oct 2019
Document & data management in Indian Infrastructure projects
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…
- 11 Oct 2019
Key benefits of Integrated Agile Project delivery from a 1.6 billion Oil and Gas project
Introduction 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…
- 09 Oct 2019
From tough customer to business partner: China Petroleum Engineering
Introduction 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…
- 25 Sep 2019
Featured Posts
6 Reasons to Use an Engineering Document Management System
- September 6, 2023
Managing The Master Documents List/Register
- August 16, 2023
Engineering Workflow Management Systems
- August 10, 2023