Knowledge
Is this you?You’re stretched across too many projects.Not only that, but you’re frustrated that there are quite a few projects in the company that seem to have little benefit, and yet they just drift on.Worse still, these projects tie up precious time and money that you believe could be diverted to
7 Nov 2014 · Michael Bramworth · 4 min read
Projects are routinely finishing late. Whilst many have no effective schedule controls a significant proportion do outlay significant amounts of money on scheduling software and people to operate the computer systems and still finish late. The simple fact is most schedulers have no effect on the man
1 Oct 2014 · Patrick Weaver · 4 min read
Complexity is not a synonym for complicated or large is just one of the dimensions inherent in every project. The four basic dimensions of a project[1] are:
1 Sept 2014 · Patrick Weaver · 6 min read
Project failure rates have remained steady for at least the last 30 years.
6 Jul 2014 · Patrick Weaver · 7 min read
Working out the probable completion date for a project and understanding the risks associated with achieving a target date have always been difficult. This article will take a quick look at the evolution of the techniques through to the current state of research reported at the Project Governance an
8 Jun 2014 · Patrick Weaver · 5 min read
The way PMI deals with risk in the PMBOK® Guide is simplistic. Calculating the effect of one risk using the suggested probability x severity calculation provides one value. For example, if there is an 20% probability an estimate is under valued by $50,000 the Expected Monetary Value (EMV) for this e
13 Apr 2014 · Patrick Weaver · 4 min read
Breakdown structures are central to the practice of project management and have their origins in the industrial revolution. In the ‘Wealth of Nations’ Smith advocated breaking the production of goods into tiny tasks that can be undertaken by people following simple instructions. ‘Why hire a talented
29 Mar 2014 · Patrick Weaver · 6 min read
As planners we use numbers every day of the week but how real are they?In the western world, numbers in the form we know and use today appeared in the 13th century when Leonardo Pisano Bigollo (c. 1170 – c. 1250), known as Fibonacci an Italian mathematician, published the Liber Abaci (1202). In the
17 Feb 2014 · Patrick Weaver · 2 min read
Only fools and the bankers who created the GFC think the future is absolutely predictable. The rest of know there is always a degree of uncertainty in any prediction about what may happen at some point in the future. The key question is either what degree of uncertainty, or in project management spa
14 Jan 2014 · Patrick Weaver · 6 min read
The Guild of Project Controls is in formation, and most people have a view of what is involved in ‘project controls’ but what is the ‘dictionary’ definition of ‘project controls’? To answer this question, my proposed definition for ‘project controls’ is:
26 Nov 2013 · Patrick Weaver · 3 min read
