Knowledge
One of the hardest things to do is to stop wasting money and resources on a losing proposition, emotions, biases and focusing on simple but irrelevant measures can all lead to bad decisions. A proper consideration of ‘sunk costs’ can help eliminate these ‘always wrong’ decisions.
25 Mar 2015 · Patrick Weaver · 6 min read
Some organisations perform consistently well, others don’t! This statement is true of all aspects of an organisation’s performance including its ability to manage projects and programs effectively. Consistent high performance in the creation of value from projects and programs certainly requires the
28 Feb 2015 · Patrick Weaver · 3 min read
We presented papers at the Engineers Australia MCPC14 conference late last year. They are now available on our website.Understanding Design – The challenge of informed consent looks at the problem of communicating complex project information to stakeholders in a way they can understand.
26 Jan 2015 · Patrick Weaver · 1 min read
This is part blogs series about Portfolio Management, the discipline of managing which projects you do and which you don't.So far we have observed that:
7 Jan 2015 · Michael Bramworth · 3 min read
The odd one outIf you regularly drive to work, you’ll probably be all too familiar with roadworks. From your experience, which of the pictures below seems unusual? Picture 3? It’s rare to see activity. From my car window, most roadworks seem sat idle, not a worker in sight.Why is this? Parallel vs S
4 Dec 2014 · Michael Bramworth · 3 min read
What if you have carefully planned a project, and skillfully designed its construction, but your contractor does not have the capability to perform the work in a quality manner? That is a risk to your project. The PMI diagram only used to refer to the elements of time, cost and scope. However, as…
3 Dec 2014 · uid 0 · 1 min read
I like to think of Virtual Design & Construction (VDC) as a process that ideally flows through a project, digitally (i.e., virtually) creating, collecting, transporting, and delivering project data from design through construction. The VDC process includes software, hardware, and people – ideally al
21 Nov 2014 · Jon Berkoe · 2 min read
Project planning is all about figuring out when we are going to finish our project and how much is it going to cost. We typically start with a fixed start date and then figure out what the end date and associated cost may be.Why then, when planning our day to day lives do the very opposite and rever
14 Nov 2014 · Dan Patterson · 4 min read
My best friend and I meet up once every year and we invariably end up chatting about our mutual passion for project planning. His view is a little extreme but one with enough merit to warrant discussion: “Ban activities and tasks from scheduling tools…” he says. For those of you who use scheduling t
14 Nov 2014 · Dan Patterson · 3 min read
So much hinges on the project schedule, yet so few team members contribute to it. Whatsmore, they typically don’t care about critical paths, constraints and other building blocks; they just want to know “what, where and when.” We’re overdue for consensus-based planning tools that bridge execution an
13 Nov 2014 · Dan Patterson · 3 min read
