04/08/2024 Ziad Al-basir Cost Control, Main Pages, Project Governance, Project Portfolio Management Office, Scheduling

Gate Review Scheduling Models

On 2015 study, PMI research indicated that poor decisions because of ineffective communications is the first factor for projects failure with 56% of the studied cases. Gate reviews is a form of communication which is a crucial part of project governance, especially for large and complex projects. Sometimes, this process might take months before you can get an approval. In this period, many events and developments happened before even you can go to a gate review Some governance designs the […]

02/06/2024 Ziad Al-basir Budget, Business Development, Business Transformation, Cost Control, EPMO, EPPM, Main Pages, PMO, PPMO, Project Cost Controls, Project Portfolio Management Office, Resources Planning

Mastering Real Estate Development: Your EPMO Blueprint

Mastering Real Estate Development: Your EPMO Blueprint Mastering Real Estate Development: Your EPMO Blueprint Are your real estate development ambitions crumbling under the weight of chronic delays and budget overruns? Every missed deadline and overrun erodes profit margins and turns strategic goals into dust. Are you ready to take control and stop the risk of failure? — Is This Your Reality? 💔 Is this the legacy you want to leave as a business leader – a trail of stalled projects […]

31/05/2023 Ziad Al-basir Business Transformation, Cost Control, EPMO, EPPM, Main Pages, PMO, Portfolio Management, Project Governance

How to Measure PMO Performance?

•measuring PMO performance is crucial for ensuring effective project management and achieving strategic goals. •By focusing on key performance indicators, data collection and analysis, reporting and communication, benchmarking, benefits realization, continuous improvement, addressing challenges, and leveraging the best used KPIs for PMO performance, organizations can enhance their PMO’s performance and deliver better project outcomes. Read the details in the below documents

31/05/2023 Ziad Al-basir Budget, Cost Control, Main Pages, Planning & Control

Techniques for Project Cost Overrun and Time Delays Recovery

Recovering from project cost overrun and time delays requires a proactive approach and the implementation of various techniques. By re-evaluating project scope, optimizing resources, re-sequencing schedules, mitigating risks, managing changes, optimizing vendor relationships, ensuring quality control, engaging stakeholders, capturing lessons learned, and conducting performance reviews, project teams can effectively recover from setbacks. In summary, the success of project recovery lies in a holistic approach that addresses multiple aspects of project management. By applying the most used techniques for project cost […]

26/05/2023 Ziad Al-basir Business Development, Business Transformation, Cost Control, EPMO, EPPM, Planning, Planning & Control, PMO, Portfolio Management, PPMO

How To Create an Effective Project Portfolio Management Governance

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07/05/2023 Ziad Al-basir Budget, Cost Control, Main Pages

Project Cost Estimate and Project Budget Estimate Explained

Cost estimate and budget estimate are critical aspects of project management that help organizations to plan, control, and monitor project expenses. In this eBook we explain the differences and the the processes involve to generate both in the project life cycle. Download your free copy here

01/05/2023 Ziad Al-basir Cost Control, EPMO, EPPM, Main Pages, Primavera P6

Protected: Project Portfolio Management Using Primavera P6 Professional and EPPM Training 01 May 2023

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13/04/2023 Ziad Al-basir Bidding & Tendering, Budget, Business Development, Business Transformation, Cost Control, Project Cost Controls

Change Orders: Where It Can Be a Gateway to Construction Fraud and Misconduct

Agenda Contents Introduction. 2 Understanding the scope of works. 2 The Fraud Scenarios in Change Orders. 3 Conclusion. 5 Introduction Fraud and misconduct in construction have become a pervasive problem globally, with up to $5 trillion expected to be lost to corruption by 2030. One of the areas where these illicit activities often occur is during the change order process, where individuals on the client side collude with contractors to engage in fraudulent practices. The aim of this article […]

27/03/2023 Ziad Al-basir Cost Control, Forecast, Leadership, Main Pages, Planning & Control, Project Cost Controls, Project Portfolio Management Office, Strategic Planning

“How Big Things Get Done” Book Review – Part 2, The Success

Success road is always paved with failure. Success which creates value and benefits is rare as shown in part 1 of this review. That’s why part 1 of the Book “How Big Things Get Done” review was first about failure not success. Success starts by learning from others’ failures before you learn from yours. The provided cases give us very good positive learning. The book discussed many successful mega medium and small projects cases to understand how projects team succeed […]

15/03/2023 Ziad Al-basir Cost Control, Planning & Control, PMO, Portfolio Management

Roadmap To A Successful Project Control Governance

Designing and implementing good project control practices require a comprehensive and collaborative understanding approach that involves various stakeholders and needs full commitment until completion. This approach guarantees successful implementation and ease the challenge it might face during execution which is very expected and normal from the old guards who used to the old systems or benefit from it. From different projects experience on different implementations, I suggest the following steps to be considered during designing the policies and governance of the […]

15/03/2023 Ziad Al-basir Cost Control, Planning, Planning & Control, Portfolio Management

How many Details do you need in your development schedules?

From day to day work and experience I have this lesson learned to share with you. Once one of the planning managers had a view that detailed construction schedules on an early development stage, where we are still in the early stage of studies and concepts, is just wasting the focus of the planning team on confirming what had been considered completed and becomes clear on (what, why and how) we are doing the works and the uncertain works. The […]

25/01/2023 Ziad Al-basir Budget, Business Development, Business Transformation, Cost Control, EPMO, Main Pages, Planning & Control, PMO

Why We Fail to Deliver Projects on Time and Budget?

In 2013, global investment in energy, infrastructure, mining, and real-estate-related projects was estimated about $6 trillion. By 2030, that could be $13 trillion, according to McKinsey research published on 2017. The same research estimates that 98 percent of megaprojects suffer cost overruns of more than 30 percent; 77 percent are at least 40 percent late. Considering any megaproject budgeted billions of USD, the cost of the overrun is $300 million per one billion. In a sample business case, any effort […]

15/01/2023 Ziad Al-basir Cost Control, Planning & Control, Portfolio Management, PPMO, Project Cost Controls, Project Portfolio Management Office

Bidding Project Portfolio System

Winning new projects nowadays is very tough considering the market conditions and high competition. To compete successfully, businesses must have a clear understanding of their industry, the competition, and their customers. They must also create and implement strategies to differentiate themselves from the competition. This can include having a unique product offering, providing superior customer service, offering competitive pricing, and utilizing effective marketing and advertising tactics. Additionally, businesses must stay on top of industry trends and be agile in responding […]

15/01/2023 Ziad Al-basir Cost Control, EPMO, EPPM, Planning & Control, Portfolio Management, Project Cost Controls, Project Portfolio Management Office

Cost Management For Contractors

Cost management is more crucial to the contractors than other parties during contract execution. Some contractors are still in the dilemma on working on huge unsecured excel sheets and late reports from site and misalignment between the construction team and the head office departments which support and monitor the project. EVM system is on tool to monitor the cost and profit on real time every single day using Primavera P6 EPPM system. Earned Value Management (EVM) is a widely used […]

11/07/2018 Ziad Al-basir Annual Budget, Budget, Cost Control, EPMO, EPPM, Forecast, PMO, Project Cost Controls, Resources Planning, Shared Resources

How to Budget EPMO/EPPM – Part1?

Calculation of the annual forecasted cost for budgeting purposes for EPMO and EPPM is a challenge for many Project Based Organisations (PBO). I am not talking here about contracted defined projects which is easy to forecast. I am talking here about permanent staff, shared staff and non-project cost budgeting. We see this also in pre-construction stage where the development of the project studies and design are on progress. We see this mainly in the client’s side, developers, consultants, project management […]

22/04/2018 Ziad Al-basir Cost Control

Does Client’s Contract Help To Share Resources To Reduce Project’s Cost?

The most used method to manage projects is by considering each project as a separate cost centre where you have full budget and resources allocated to deliver the project. This project might extend form a day to years. Here it comes the difficulties that, it will cost the project more if you will consider a cost for a machine or a person as a full-time for the project even he/she/it will operate not full time. For example, an asphalt paving […]