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Article Scheduling, Estimating, Cost Management March 2015
PM Network
Imposed deadline syndrome
By Heerkens, Gary Contributing editor Gary Heerkens encourages practitioners to learn to generate bottom-up schedule and cost estimates that deliver realistic goals to senior management, responsibilities that seem to…
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Article Scheduling, Cost Management, Technical Skills, Earned Value Management February 2013
Project Management Journal
A Bayesian approach to improve estimate at completion in earned value management
By Caron, Franco | Ruggeri, Fabrizio | Merli, Alessandro Forecasting represents a core project management process. Estimates at completion in terms of cost and schedule provide essential data and advice to the project team to lead and control the project…
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Article Scheduling, Cost Management, Aerospace & Defense March 2010
Project Management Journal
Causal inferences on the cost overruns and schedule delays of large-scale U.S. federal defense and intelligence acquisition programs
By Meier, Steven R. A study was undertaken to understand why cost overruns and schedule delays have occurred and continue to occur on large-scale U.S. Department of Defense and intelligence community programs. Analysis…
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Article Scheduling, Complexity, Cost Management, Construction 1 December 2008
Project Management Journal
Analysis of the front-end loading of Alberta mega oil sands projects
By Jergeas, George Farage In Canada's northern Alberta province lies one of the world's largest hydrocarbon deposits, a source which currently generates one million barrels of oil daily and contains 175 billion barrels of…
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Article Scheduling, Cost Management, Work Breakdown Structures February 2004
PM Network
Keep costs on track
By Chitmeran, Ahmed H. Case study. Scheduled to open in 2007, the $1.13 billion Central Phoenix/East Valley Light Rail Transit (CP/EV LRT) system will link the Arizona cities of Phoenix, Tempe, and Mesa. This article…
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Article Scheduling, Communications Management, Cost Management August 2003
PM Network
Fast forward
By Zipf, Peter J. In recent years, the Engineering Department of the Port Authority of New York and New Jersey has implemented several initiatives designed to improve the delivery process for construction projects.…
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Article Scheduling, Cost Management, Estimating June 2003
Project Management Journal
Schedule and cost buffer sizing
By Leach, Lawrence P. Bias in project performance causes schedule and cost to overrun baseline estimates (your model).Bias is the one-sided tendency of actual schedule or cost to overrun the model.A Guide to the Project…
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Article Risk Management, Scheduling, Cost Management March 2003
PM Network
Taming uncertainty
By Sood, Shailesh To improve project efficiency and predictability, project managers have turned to a new tool, critical-chain buffer management (CCBM) to explain why projects are behind schedule or over budget. This…
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Article Scheduling, Cost Management 1 April 2002
PM Network
Stretching dollars
By Fairweather, Virginia Value engineering (VE) is the attempt to complete a project at the lowest life cycle cost.VE defines functions, suggests improvements, reduces project schedules and long-term operating costs,…
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Article Scheduling, Cost Management December 2001
PM Network
Open and closed
By Graves, Roger This article compares the use of open-ended, in which the model allows for the possibility of exceeding the upper limit of a duration, and closed, in which task durations are fixed, distributions in…
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