Contracts

1. Practical outcome The learner should be able to preserve relevant records, define a forensic question, establish a reliable chronology, test cause and effect across schedule and cost, distinguish facts from assumptions and produce reproducible findings. They should understand how project-controls…

Collaborative work -n-progress contributed by members and experts from across the community cadre.The Project Controls Open Standard brings together practical project controls knowledge in one free,…

1. Practical outcomeThe learner should be able to recognise a potential change, record and define it, assess integrated consequences, identify the correct authority, support an approve/reject/defer decision and track implementation to verified closure. They should distinguish a changed requirement…

1. Practical outcomeThe learner should be able to establish a valid comparison, calculate period and cumulative variance, analyse a time series, distinguish delivery deterioration from timing or data effects, find causes across discipline boundaries and test whether an intervention improves the…

1. Practical outcomeBy the end of this section, the learner should be able to turn an analysed threat or opportunity into a controlled management response that is proportionate, owned, time-bound and integrated with the way the project is actually delivered. They should be able to distinguish a…

1. Practical outcomeBy the end of this section, the learner should be able to produce and challenge a credible cost forecast that explains what the project or package is now expected to cost, why that expectation differs from the authorised baseline or prior forecast, what commercial and delivery…

1. Practical outcomeBy the end of this section, the learner should be able to establish and explain a reliable period-end cost position by reconciling recognised actual cost, open commitments and costs incurred but not yet recorded. They should be able to define an appropriate financial cut-off,…

1. Practical outcomeBy the end of this section, the learner should be able to design, apply and challenge progress-measurement rules that convert evidence of completed work into a credible statement of physical accomplishment. They should be able to choose an appropriate measurement method for…

1. Practical outcomeBy the end of this section, the learner should be able to design and apply a coherent set of coding and control structures that allows project information to be organised, integrated, aggregated, reconciled and reported without repeatedly rebuilding the underlying data. They…

Ownership of Float BACKGROUNDWho owns the float? The purpose of this article is not to re-invent the wheel and dwell in to the complexity which already revolves around this Million dollar question. However, this question commands utmost respect regarding its gravity when it comes to business implica

Fed up with adverts from software companies and consultancies that are going to change the world of Planning and solve all your project problems? This series of occasional articles promises nothing but thought provoking questions on how well we understand the basics of our profession from the…

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