For many decades, schedule and cost structuration methods have been used extensively on major construction projects. These methods have improved over time with the evolution of tools and lessons learned from the field. Nevertheless, every time I try to make schedule and cost really work together, I encounter problems that are generally unsolvable, particularly how to judiciously correlate a work breakdown structure (WBS) supporting a schedule and a cost breakdown […]
How to Improve Nuclear Project Execution Efficiency
March 3rd, 2021
As the pressure to decrease CO2 emissions continues to grow, nuclear power has been identified to have great potential in helping countries to achieve the goals established in the 2015 Paris Agreement of limiting temperature change to 1,5C.āÆAccording to IAEA, nuclear power, along with hydropower and wind energy, produces one of the lowest GHG emissions […]
Methods and Tools to Support a Business-Driven Project Management Office
January 30th, 2020
In our fast changing world of capital projects, many organizations are looking to digitally transform their Project Management Office (PMO). Their goal is better control of their project portfolio. Project management methodologies, certifications and tools have around for many years and have considerably increased the maturity of PMOs. However, even as projects are managed better […]
Foundations of Progress Measurement (Part III): Construction
November 5th, 2019
TheĀ Importance of Progress MeasurementĀ Progress measurement is a key element of project management for construction projects. It helps to determine earned value, cost at completion, and the estimated finished date of the project. These are all very important things to know if you want to keep costs and schedule under control. However, being able to […]
Foundations of Progress Measurement (Part II): Procurement
August 12th, 2019
TheĀ Importance of Progress MeasurementĀ Successfully executing projects hinges on many variables. Yet, the fundamental question that must be answered before any proactive or prescriptive measures can be implemented is this: Where are we today? Deceiving in its simplicity, this question often proves difficult to answer accurately. That is where progress measurement processes come in. The […]
Foundations of Progress Measurement (Part I): Engineering
July 19th, 2019
TheĀ Importance of Progress MeasurementĀ Successfully executing projects hinges on many variables. Yet, the fundamental question that must be answered before any proactive or prescriptive measures can be implemented is this: Where are we today? This seems like a simple question. However, it often proves very difficult to answer accurately. That is why accurate progress measurement […]