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Article Innovation, Scheduling, Strategy, Cost Management, Organizational Project Management, Construction 1 April 2019
Project Management Journal
Determining Contingencies in the Management of Construction Projects
By Ortiz, José I. | Pellicer, Eugenio | Molenaar, Keith R. This research describes the managerial approaches that contractors follow to determine different types of contingencies in construction project management. Two large Spanish general contractors were…
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Article Agile, Scheduling, Cost Management, Scope Management 1 September 2018
PM Network
Snap Precision
By Fewell, Jesse If you've worked on agile projects, you've likely heard an agile champion make bizarre statements about estimating a budget and schedule. When you press further for estimates, you might get an even…
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Article Scheduling, Cost Management, Scope Management 1 December 2017
PM Network
Measure Of Respect
By Khan, Zahid Are we measuring the right key performance indicators (KPIs)? Project success is usually measured by KPIs related to scope, schedule, budget and quality requirements.
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Article Scheduling, Complexity, Cost Management, Scope Management 1 February 2017
PM Network
Games Plan
By Fister Gale, Sarah The Olympics capture the world's imagination. But the race begins long before athletes arrive. Cities compete to host the Summer and Winter Games, hoping to take a lead role on the global stage. But…
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Article Risk Management, Scheduling, Cost Management, Construction 1 February 2017
PM Network
On the Horizon
A mega-mosque construction project is underway in Algiers, Algeria—but its completion date isn't quite clear. At one point scheduled to open this year, the mosque will become the third largest in…
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Article Scope Management, Scheduling, Cost Management, Earned Value Management 1 October 2016
Project Management Journal
Practical Application and Empirical Evaluation of Reference Class Forecasting for Project Management
By Batselier, Jordy | Vanhoucke, Mario Traditionally, project managers produce cost and time forecasts by predicting the future course of specific events. In contrast, reference class forecasting (RCF) bypasses human judgment by basing…
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Article Scheduling, Cost Management, Organizational Project Management, Construction 1 October 2016
PM Network
Everything in One Place
By Parsi, Novid Looking to cut costs, waste and delays in infrastructure projects, governments are (finally) taking a cue from the private sector and adopting building information modeling (BIM). It's part of a…
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Article Scheduling, Complexity, Cost Management, Government, Construction 1 September 2016
PM Network
Track record
Public-sector megaprojects aren't exactly known for finishing on schedule and within budget. Yet Foothill Gold Line Construction Authority is making a habit of doing both. The organization is…
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Article Scheduling, Cost Management, Complexity, PM in Academia 1 August 2016
Project Management Journal
A study on complexity and uncertainty perception and solution strategies for the time/cost trade-off problem
By Wauters, Mathieu | Vanhoucke, Mario In this article, the Discrete Time/Cost Tradeoff Problem (DTCTP) is revisited in light of a student experiment. Two solution strategies are distilled from the data of 444 participants and are…
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Article Scheduling, Cost Management 1 December 2015
PM Network
Inventing alternatives
By Parsi, Novid From energy to water to transportation, the United States' aging infrastructure looks increasingly decrepit. With a significant funding shortfall projected for years to come, the pressure is on…
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