Project Management Institute

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  • Project Management Quarterly

    Project reserves

    By Murray, John W. | Ramsaur, William F. Project cost estimators have traditionally included in their calculations contingency amounts to cover the unexpected expenses resulting from uncertain risks. But such an approach does not always…

  • Project Management Quarterly

    Implementing matrix management in a research and development environment

    By McCarney, K. E. Matrix management has been heralded as one of the most beneficial and profitable organizational tools of the decade, one that circumvents the confining nature of traditional organizational lines.…

  • Project Management Quarterly

    Contingency

    By Carrier, K. C. Traditionally, project contingencies were based on past projects. Only recently has the field introduced comprehensive statistical techniques to quantify the uncertainty of project estimates. This…

  • Project Management Quarterly

    Project urgency

    By Sotthewes, Steven Managing projects generates much data that can help project managers track the project's progress and understand its status, providing them with the information they need not only to estimate…

  • Project Management Quarterly

    Escalation

    By Bassili, A. R. | Finlayson, H. W. One concern that is garnering increasing attention within the project management field is escalation--the impact of inflation on a project's final costs. Escalation is often blamed as the root cause…

  • Project Management Quarterly

    Project management in costly environments

    By Britney, Robert R. To make the cost-conscious decisions, project managers must understand that every project delay and mistake involves a real cost consequence and that many unnecessary costs often result from…

  • Project Management Quarterly

    Uncertainty analysis for program management

    By Martin, M. Dean. Over the past decade, the cost of implementing a program to develop a new military weapons systems has sharply increased, primarily because the numerous methods used by the United States Department…

  • Project Management Quarterly

    Cost growth

    By Baker, Bruce N. All too often, research and development (R&D) projects exceed budget, causing significant and detrimental repercussions affecting the future funding of similar efforts, particularly for those…

  • Project Management Quarterly

    Project planning with precedence lead/lag factors

    By Crandall, Keith C. The precedence networking convention using lead and lag notation provides a meaningful tool in the early stages of project planning and estimating. These concepts allow the user to formulate a…

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