Posts by pwsadmin
Schedule Controls
Baseline Schedule ReviewSchedules are typically complex compilations of input from multiple stakeholders. A schedule review seeks to ensure that the schedule reflects the defined scope, is suitable for control purposes, meets the stakeholders milestone & contractual requirements, and all parties agree on and understand its content, including its probabilistic nature in relation to various agreements…
Read MoreTrends & Commitments
During the lifecycle of a typical project, events occur that create deviations from the original project plan. These deviations can result in scope, cost and/or schedule changes that must be defined, analyzed, documented, and managed. Anticipating, evaluating, and forecasting cost and schedule impacts greatly improve the successful management of large and complex capital improvement programs. To…
Read MoreProject Management Subsidiary Plans
A Project Management Plan is a formal, approved document that defines how the project is executed, monitored and controlled (PMBOK Guide 4th Edition). It can either be at a summary level or detailed and maybe composed of one or more of subsidiary plans depending on the requirements of the project. Each project should be treated uniquely and needs…
Read MoreRisk and Opportunities
With each project, there are many uncertain values that must be considered when you are in the development stage. Risk Management is an essential element that you must control in order to bring your project in on time and within budget. Values such as costs, resources, dates and durations can all affect the outcomes of timelines and…
Read MoreCost Estimate & Budget
ESTIMATES Estimates are often prepared in a variety of formats. We encourage utilizing a cost code structure (CBS), e.g., CSI master format or ASTM Uniformat. This facilitates cost comparison, bench marking and effective cost management. We develope risk based “range” estimates combined with Monte Carlo simulations and advice on potential threats and recommended contingencies for the project. CAPITAL…
Read MoreProject and Construction Critical Path Methodology Schedule
Working with the project managers and contractors, we develop Critical Path Method (CPM) controls schedules using typically Primavera (P6) or Microosft Project from a “best practices” standpoint including: Breakdown Scope and Develop WBS Breakdown Organization and Develop Phasing Strategy Develop Work Packages and Activities Develop Activity Logic Allocate Resources and Costs Estimate Durations Risk Analysis…
Read MoreWork/Cost Breakdown Structure (WBS/CBS)
The Work Breakdown Structure (WBS) is an outline for the project’s Scope of Work and provides a numerical structure for organizing, sorting, and filtering the schedule and cost data for reporting purposes. A Work Breakdown Structure (WBS) provides the foundation matrix to relate the elements of scope, responsibility, schedule and cost. The WBS is a…
Read MoreProject Delivery with BIM
Building information modeling (BIM) is a process involving the generation and management of digital representations of physical and functional characteristics of a facility. The resulting building information models become shared knowledge resources to support decision-making about a facility from earliest conceptual stages, through design and construction, through its operational life and eventual demolition. The BIM…
Read MoreView Online Myriad Demo
This 10-minute demo is designed to give you a first-hand look at how MyriadTM has been developed as a simple to use and very relevant project planning and controls solution. It is agile enough to be used for small or large projects. The intention with MyriadTM is to facilitate an approach to project delivery in alignment with…
Read MoreMyriad – Total Cost Management Software
Myriad™ is a Total Cost Management software based on the P&M Methodology for Project Controls. The system supports the execution of best practices and fundamentals in Project Management with the initial development of cost estimates, schedules and risk analysis and then baseline of project budgets and schedules. The project controls is concentrated on the monitoring and tracking of performance…
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