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project management

A Magic Elixir for Some But Not All? Why IT Has Failed the Construction Industry

[vc_row][vc_column][vc_column_text] Information Technology has brought immense efficiencies to factories and supply chains, making them faster and more responsive. IT has transformed nearly every industry one can think of and conferred real competitive advantages to its early adopters. However, those transformations and competitive advantages have largely bypassed construction.  It’s not for lack of trying. The industry […]

Top 4 Key Attributes of Effective Quantitative Risk Assessment (QRA) in an Organization

Effective Quantitative Risk Assessment (QRA)

Do you run a Quantitative Risk Assessment (QRA) in your projects?   Does your company have an effective Quantitative Risk Analysis capability?   An effective Quantitative Risk Assessment (QRA) capability will not exist in a vacuum. QRA capability will be a function of an organization’s overall risk management capability.   What does it take to […]

New Technologies Impact On Future Projects

new technologies Impact On Future Projects

Digital Technology and Artificial Intelligence aligned with 3D modeling and BIM (Building Information Modelling) are leading Project Management and Project Controls into a whole new era of systems and management techniques. For the last 50 years, there has been little change in the approach and techniques that have been applied to projects but all that is now changing […]

Performance-Based Cost Forecasting (EAC/ ETC)

Performance-Based Cost Forecasting (EAC/ ETC)

What cost forecasting formula/ method do you use at every stage of your project? Check this video tutorial to learn what performance-based cost forecasting formula (EAC/ETC) is recommended at various stages of your project. Download the free audio mp3 podcast of this episode on iTunes. Want more training? Subscribe to Project Control Academy to receive complimentary training videos and […]

Certifications in Project Risk Management

Summary: Do you know what certifications in project risk management are available? Are you interested to know how you can become a certified risk management professional? There are two internationally recognized certifications in project risk management that I highly recommend you to consider if you are a project risk management practitioner or you perform cost […]

What is the Difference Between Project Controls & Project Management?

Summary: I get this question a lot, “What is the Difference Between Project Controls and Project Management?”. I believe there are 3 key differences between Project Management and Project Controls: 1- Project Control is a subset of Project Management with the primary focus of managing the project’s cost and schedule. 2- Project Manager is directing the […]

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