Project risk management (PRM) has for decades been recognized by the U.S. Government Accountability Office (GAO) as a project management best practice. GAO has urged federal agencies to conduct cost and schedule risk analyses to anticipate and quantify risks that can lead to cost increases and schedule delays. Recently, we have been assisting several of… Read More
Weight, blood pressure, cholesterol – doctors use these values to assess your overall health. Each one represents a key factor that over the years has been confirmed to be a key indicator of a person’s general state of health. Just as we have these data points to assess our health, key schedule metrics can aid… Read More
Yes, I admit it – I am a scheduling geek. My favorite class in college included manual CPM calculations. My wife had to have an intervention so I did not put our wedding planning calendar in P3. But why? What is it about these relationship lines and date calculations that I find so fascinating? Perhaps… Read More
If a raindrop falls at a nearby airport but not on the project site, does the contractor get a weather delay extension? This seemingly easy question is not so easy when it comes to most construction contracts. Typical contracts and specifications will go into excruciating detail on the requirements for various systems within a building… Read More
A schedule is intended to be used as a tool to allow project participants to proactively manage construction and adapt to changing circumstances as they arise. However, if a party’s intentions are not in the best interest of the project, the schedule loses its credibility as a management tool. While there may be thousands of… Read More