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Conference Paper Cost Management 3 October 2002
Seminars & Symposium
Grow your own cost tracking system
By Jones, Milt Given the focus on the "holy trinity" of cost, schedule and quality in the delivery of corporate capital and maintenance projects, project managers naturally want to accurately capture and forecast…
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Conference Paper Cost Management, Aerospace & Defense 3 October 2002
Seminars & Symposium
Optimizing programs with uncertain funding
By Woods, Tom In today's highly competitive and uncertain defense appropriations environment, it is critical that programs be prepared for the need to adjust their execution plans in order to accommodate changes…
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Conference Paper Quality Management, Cost Management 3 October 2002
Seminars & Symposium
Time and attendance
By Israilian, Ara Time is money. In today's economy, this statement has never been truer. Efficient time and labor management is vital to any organization's success. Most companies do not really appreciate the losses…
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Conference Paper Scheduling, Cost Management, Technical Skills 1 November 2001
Seminars & Symposium
Earned value management systems storyboards – their application, uses, and benefit
By Humphreys, Gary C. Since the days--more than 5,000 years ago--when ancient Egyptians first created elaborate murals depicting stories, storyboards have served as efficient tool for communicating vital information.…
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Conference Paper Scheduling, Cost Management, Estimating 1 November 2001
Seminars & Symposium
The basics of Monte Carlo simulation
By Kandaswamy, Subramanian The Monte Carlo simulation method is a very valuable tool for planning project schedules and developing budget estimates. Yet, it is not widely used by the Project Managers. This is due to a…
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Conference Paper Risk Management, Scheduling, Cost Management 1 November 2001
Seminars & Symposium
Real-world Monte Carlo analysis
By Cook, Michael S. One of the most difficult project management tasks is the estimation of project costs and the development of the project baseline and budget. This is especially true in industries where each project…
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Conference Paper Scheduling, Cost Management, Skill Development, Technical Skills 1 November 2001
Seminars & Symposium
Applications and extensions of the earned value analysis method
By Anbari, Frank T. By integrating the three areas of project management--schedule management, cost management, and scope management--the earned value analysis management model (known as EVM or EVA) enables project…
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Conference Paper Cost Management 1 November 2001
Seminars & Symposium
Cost as independent variable (CAIV) – a CMM compatible process
By Kile, Raymond L. | Rolley, David C. The concept of cost as independent variable (CAIV) redefines the model traditionally used for managing programs: Instead of holding that cost is determined by the performance capabilities of a…
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Conference Paper Scheduling, Cost Management 1 November 2001
Seminars & Symposium
Pacesetter project performance
By Lavingia, Nick J. Industry benchmarking has shown that the difference in cost and schedule between best and worst projects can be as much as 30% and the total cost of ownership over the life of the plant can be…
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Conference Paper Scheduling, Decision Making, Cost Management, Resource Management, Construction 1 November 2001
Seminars & Symposium
PSEG experience in "just-in-time construction" – an effective way to minimize project expenses
By Shvartsberg, Boris Every Project has a time constraint (a scheduled service date), which should be met satisfying a cost constraint (budgeted funds). Sometimes, there is an incentive in completing the project ahead of…
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