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Article Cost Management 1 August 2019
PM Network
Reality Check
By Bodini, Francesca Massive infrastructure projects frequently gain attention not only for their architectural or technical features but also for their incredible cost overruns. Accurately estimating the costs of…
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Article Cost Management 1 March 2019
PM Network
The Science of Uncertainty
By Thomas, Jen Project estimates can sometimes take on a life of their own. The budget for the new international arrivals facility being built at Seattle-Tacoma International Airport in Seattle, Washington, USA…
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Article Cost Management 1 December 2018
PM Network
High Expectations
Skyscrapers are skyrocketing--in frequency and size. But project teams will have to navigate cost challenges to keep up with demand.
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Article Cost Management, Procurement Management, Construction 1 December 2018
PM Network
Sky-High Mandate
Dubai soon won't just be a city pushing buildings to new heights—it'll also be a place where project teams have to go 3D to reduce labor and materials costs. The government announced it intends for…
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Article Risk Management, Cost Management 1 October 2018
PM Network
Runaway Rail
By Bishel, Ashley The budget for a troubled rail project in Honolulu, Hawaii, USA has gone off the rails. The estimated budget hit US$8.3 billion in July, a more than 55 percent jump over the initial US$5.3 billion…
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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 Strategy, Cost Management, Sustainability 1 September 2018
PM Network
Express Routes
By Ali, Ambreen Bus rapid transit (BRT) projects are back in the fast lane. The resurgence is happening as cities around the world seek to reduce congestion and create public transportation opportunities beyond…
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Article Risk Management, Talent Management, Cost Management 1 May 2018
PM Network
Charitable Risks
By Stasik, Trevor A project is a project no matter where you work. But project management in the nonprofit world can bring unique obstacles. Some of these challenges are common among all nonprofits, while others are…
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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 Cost Management 1 November 2017
PM Network
Surplus Of Caution
By Mukherjee, Sidd Midsize to large engineering and construction projects have a reputation for overrunning their budgets. On a recent project, I was determined to finish under budget. So I started the project by…
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