Tag: scheduling
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 […]
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PMO Starts With P For People
People are the core for any initiative. That’s the fact we might forget sometimes. An important idea I am finding it everyday so important since I graduated and since I started reading about project management on 1994. After that when I got PMBOK 1996 first edition , I became so addicted to project methodologies and processes. If someone asked me to do something, I will ask “do you have a process”. If they do not, I create it for myself […]
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Primavera P6 18.8 Training Videos
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
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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 […]
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Is It PrPMO Or PuPMO?
PMO is a new methodology to manage portfolios and projects. It is less than two decades of age. All limited publications and books are from personal experience more than approved methods which might (or not) give the right framework and processes for PMOs implementation and operation which applicable and fit for all organisation types. We can’t generalise PMOs governance and processes for public sector and private sectors. Even we can’t generalise it for computer software developments projects, micro management and […]
Read moreDo you have a VSP?
Project 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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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 […]
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Project Portfolio Implementation Check List
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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Do You Have Portfolio Analysis Skills? – Part 2
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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Project Cash Flow Forecast, How Much Details You Need During Bidding?
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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Are You Ready For The New Construction Technology Disruption?
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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Carillion Collapse What Went Wrong ?
UK Construction giant Carillion, the second largest construction company with 200 years’ work experience (19,000 employee in UK with 49,000 in all over the world) announced on 15th Jan 2018, that it has to enter into compulsory liquidation with immediate effect after they couldn’t secure a dial with government and banks to cover their £1.5 billion debt pile. The negative impact of the news is not only to their shareholders, current employees, and previous employees (on their pension payments), it […]
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What type of Project Controls System Fit You More in Functional Organization Environment?
We published many articles about PMO and EPPM because it is the best model for Project Based Organisations (PBO) for best results on such continuously changing and competitive market. However, many organizations are still using traditional functional structure including project controls departments. Therefore, the question which persist in such work environment “What type of Project Controls System Fit You More in Functional Organization Environment?” Although, the training workshop includes a lot more. we are happy to share with you the […]
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Who Plan and Deliver the PMO / EPMO ?
Most organizations plan and implement their strategic initiatives all the time. However, delivering it faces difficulties and even failure. One of the important initiatives for government, developers and contractors is the PMO implementation Initiative which is a restructuring initiative which make it more difficult to plan and implement. The good news I read in the recent PMI Pulse of The Profession 2017 report, is that: ” We have learned in the past: that when proven project, program, and portfolio management […]
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What Went Wrong?
One of the most difficult situations is when a decision maker faces the three Ws (WWW) What Went Wrong? The situation becomes more devastating for the investors who invested billions. One example of this is one of the world’s biggest mining company who had put one of their big assets in USA up for sale in October 2014 after a slump in oil prices. The company bought the assets from Chesapeake Energy Corp. in 2011 for $4.75 billion but was […]
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Why PMO Is The Solution Not To Fail?
Why PMO is the solution not to fail? Project management office is a new organization structure to deliver projects. It is not a coordinating efforts by different departments to deliver projects. It is a new organization with new vision, mission and goals. It is a new culture created to rid off the bad records, prioritizing ambiguity, conflicts of authority, obstacles excuses, bottleneck and centralized decision making in the different type of organizations. Trying to build a PMO within an organization […]
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Retaining the Know How?
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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Projects Delivery KPIs
Projects delivery KPIs are important to measure the risks and opportunities that influence the strategic performance of projects and the team involved. The project management KPIs types could be defined mainly around the following Criteria: 1. Financial: These are typically utilized when the measure is monetary. 2. Quantitative: These are for projects where the relevant metric is not financial but is something that can be quantified numerically like time delivery. 3. Qualitative: A qualitative KPI is used when the relevant […]
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Do You Have A Competitive Mechanism?
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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How to Manage Projects’ Design Shared Resources – Part 2
Goal: To demonstrate how to manage shared design resources. Level: Intermediate. Direct Users: Planning Engineers, Design Managers, Design Coordinators, and Program / Project Managers, Project Control Manager, PMO Manager and Portfolio Managers Indirect Users: CEO, COO, CFO and Directors Gained Skills Corporate Strategic Planning Resource Planning and Management Project Cost Planning and Management Resource Reporting Tools P6 Primavera Professional Rev 16.2 This article is a series of articles under the title How to Manage Projects’ Design Shared Resources. Please refer […]
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How to Manage Projects’ Design Shared Resources ? – Part 1
Goal: To demonstrate how to manage shared design resources. Level: Intermediate. Direct Users: Planning Engineers, Design Managers, Design Coordinators, and Program / Project Managers, Project Control Manager, PMO Manager and Portfolio Managers Indirect Users: CEO, COO, CFO and Directors Gained Skills Corporate Strategic Planning Resource Planning and Management Project Cost Planning and Management Resource Reporting Tools P6 Primavera Professional Rev 16.2 This article is a series of articles under the title How to Manage Projects’ Design Shared Resources. Please refer […]
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Earthwork Tender’s Schedule – What Level of Details You Should Include in it?
The planning and scheduling of earthwork are of major importance in obtaining an efficiently bidding pricing for multibillion construction projects. To plan a schedule, the quantities of clearing, grubbing, and stripping, as well as the quantities and balancing of cuts and fills, must be calculated. Then, the most efficient type and number of pieces of earth moving equipment could be defined, the proper number of personnel assigned, and the appropriate time allocated. Earthwork computation involves the calculation of volumes or […]
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