Whats new in Primavera P6 EPPM and Professional ver 18.8 which released on August 2018? Refer to our training videos pages in English and Arabic. Subscribe to our channel in YouTube and activate the alerts to receive it when we publish it. Subscribe here https://www.youtube.com/zalbasireppm
Read moreProject based organisations (PBO) visionary leaders must have a Visual Strategic Portfolio (VSP) within their enterprise project portfolios management (EPPMS) system. Visualisation of the SP means visualisation of your ultimate goals. The current or near future goals are business as usual. It doesn’t reflect the main existence of your organisation. Another reason to have the VSP is that the visionary leaders know they will face many challenges to manoeuvre defining initial targets to make it easy to manage. However, not […]
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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 […]
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Project Portfolio Management is a dynamic ongoing process of selecting and delivering projects on a shared portfolio model to achieve the maximum benefits realized from the available resources to deliver the organization vision on a long term and the assigned business plans and targets on the short term (monthly, quarterly and annually). Project based organizations (PBO) are managing portfolios, programs and projects. However, are they delivering it to the maximum efficiency. In most organizations, they would have big load every […]
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Project Based Organizations (PBO) are struggling when market is slow on two stages. The first is what to bid stage and the later is the bidding’s markup price stage. They feel the pressure more on the later especially if they lost many bids recently and they feel like the year is finishing by burning the overhead cash flow with no results. The mark up price includes the hard cost, the soft cost and the profit. Hard cost is the estimated […]
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This article is a second article for the first related article in my LinkedIn profile. please refer to it for more understanding of the article. https://zalbasireppm.com/pmo/do-you-have-portfolio-analysis-skills-part-1/ Portfolios might be defined for certain type of projects with similarity or not, with shared resources or not. The main goal is to have a director who is responsible to deliver the projects goals and the strategic goals. The following scenario is for a small consultant who defined portfolios for each region. Please refer […]
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In this article I will discuss the contractors cash flow worst case scenario and how much big risk they have to manage to have a positive cash flow. Some of the figures might give you a shock. The numbers are logical based on the provided works progress percentage. Construction preliminaries are from 10% to 15% globally in most countries according to International construction market survey 2017 published by Turner & Townsend which includes 43 markets around the world. The average […]
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I was privileged to be invited to two important innovation events happened on the same day which I tried to divide my time between both of them. Because the subject and the type of participants on both. They are linked because they are about new solutions and innovations. Let me say that getting knowledge about new trends and innovations opens new prospective always in my mind on how I think and how I adopt new business models. The challenge of […]
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Availability of key skills comes on number 8 for business threat which makes US CEOs extremely concerned about in their organisation strategic planning (PWC 20th CEO Global Survey Report – Jan 2017). The picture becomes more concerning when another survey in USA released on 9th Feb 2017 by Willis Towers Watson research reveals that almost half of employees think they would need to change companies to advance their career. This is a high trend from 2014 Willis Towers Watson research […]
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In challenging market where the pressure to win new contracts to maintain the targeted profit becomes a survival risk, management tends to make very tough decisions. Some of these decisions are around cutting costs. Some are around increasing efficiency and some are about new thinking and new operation model. However, success is a habit. It is a defined process and systems. It is not a change forced to do. Therefore, when we study the successful models for big companies we […]
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Abstract: There are difficulties to collect actual bidding cost from the different contractors records. Many contractors consider it part of the overhead and not important to calculate. Part of this difficulties is the unidentified or different bidding process methods and where the process starts and where it end? Therefore, identification of the bidding process, will help to identify its actual cost. We will discuss here only the contractors bidding process. Although, there are similarities for consultants and suppliers process with less cost expected. […]
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