Establish Baseline

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…

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…

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…

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…

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…