MANAGING RISK OF DELAY – Recognition and Notice (Part 9)

This post is the ninth in a series of discussions regarding various aspects of time management as it relates to the risk of delay.  More specifically, we have titled the series MANAGING RISK OF DELAY, since we focus heavily on the managerial aspects of program / project management.  This post addresses planning for and implementing recognition and notice as a managerial tool.

The challenge associated with managing time is common to virtually all projects.  This challenge is true for most project management situations.  It is intensified in the case of larger and more complex projects as well as fast-track (an ambiguous term) and high technology (similarly, an ambiguous characterization) projects.

In order to professionally manage time (and, therefore, risk of delay) the manager must have a time baseline [typically a Critical Path Method schedule and a Performance Measurement Baseline – please see earlier posts on these topics] and a method to recognize variations from the baseline.

Further, the managerial team must have an effective process to provide timely and compliant notice of the variance to the time baseline. [Read more…]

TIME MANAGEMENT – Schedule Specification Implementation (Part 3)

This Subject Series addresses the sources and implementation of a contract schedule specification.  The Subject Series structure is and will be multiple parts and be a logical extension of the series titled MANAGING RISK OF DELAY.

The overview of this series is:

The balance of this post and subsequent ones in this series are/will be from the  paper.  In general, this informative work compares two approaches to schedule specification implementation.

This extract from the paper covers:

  • WHO OWNS THE FLOAT?
  • THE RIGHT TO FINISH EARLY
  • WARNING (understanding of value and commitment)
  • PRELIMINARY SCHEDULE SUBMITTAL [Read more…]

TIME MANAGEMENT – Schedule Specification Implementation (Part 2)

This Subject Series addresses the sources and implementation of a contract schedule specification.  The Subject Series structure will be multiple parts and be a logical extension of the series titled MANAGING RISK OF DELAY.

The overview of this series is:

The balance of this post and subsequent ones in this series are/will be from the paper.  In general, this informative work compares two approaches to schedule specification implementation.

INTRODUCTION

The past decade has witnessed an explosion in affordable microcomputer-based scheduling software, a greater appreciation of the importance of CPM schedul­ing techniques in controlling time and cost, and a broader understanding of how to use these techniques within the construction industry.  The past ten years have also seen an increase in CPM schedule related disputes ranging from entitlement to delay damages to termination for default for failing to perform according to the approved progress schedule.  There are almost as many different scheduling specifications as there are construc­tion contracts.  Yet, as just one example, the U.S. Army Corps of Engineers (Corps ofEngineers), the largest constructor in the world and a pioneer in requiring the use of CPM scheduling techniques on their projects, has not significantly changed its scheduling specification in the last ten years.

The Corps of Engineers scheduling specification has served as a model for many scheduling specifications in both the public and private sectors.  Recently, Dallas/Fort Worth International Airport (DFW) adopted a major revision to the Corps specification.  This paper examines some of the changes and the arguments that they’re designed to resolve.  [Snip]. [Read more…]

TIME MANAGEMENT – Schedule Specification Implementation (Part 1)

This Subject Series will address the sources and implementation of a contract schedule specification.  The Subject Series structure will be multiple parts and be a logical extension of the series titled MANAGING RISK OF DELAY.

The overview of this series is:

The challenge associated with managing time is common to virtually all projects.  This challenge is true for most project management situations.  It is intensified in the case of larger and more complex projects.  Examples include Lump Sum Turn Key (LSTK), Engineer Procure Construct (EPC), and other similarly executed projects.  In addition to the normal issues associated with bulk progress, actions or inactions by the owner [employer], notice requirements, owner-furnished (free issue) equipment and others can add considerable complexity to this challenge. [Read more…]

PROJECT MANAGEMENT CHALLENGES – Project Planning Lessons Learned (Part 7)

Planning the project properly, documenting the plan professionally and then implementing the plan successfully are likely the sources of most project success and failure outcomes.  Learning from the experiences of others is an effective method for skill set development.  Many organizations that use project management on an ongoing basis close out projects with a compilation of “lessons learned.”  These firms have found value in studying the issues that have emerged in the past.

As part of the planning process, a review of relevant lessons learned can be instructive as well as a “sanity check” or completeness evaluation regarding the adequacy and comprehensive nature of your Project Management Plan.

This post continues the focus on issues in planning and problems that have their source or root cause in planning. [Read more…]

PROJECT MANAGEMENT CHALLENGES – Project Planning Issues (Part 6)

Planning the project properly, documenting the plan professionally and then implementing the plan successfully are likely the source of most project success and failure outcomes.  While project planning is one of the most fundamental skill sets in project management, the requisite processes and actions are not well developed or successfully implemented.  There is value in the planning process and value in implementing a well documented plan.  This was discussed in the prior post in this Subject Series.

Learning from the experiences of others is an effective method for skill set development.  Many organizations that use project management on an ongoing basis close out projects with a compilation of “lessons learned.”  These firms have found value in studying the issues that have emerged in the past.

This and several following posts focus on issues in planning and problems that have their source or root cause in planning. [Read more…]

PROJECT MANAGEMENT CHALLENGES – Project Management Plan (Part 5)

This post is the fifth in a series of discussions regarding current challenges being encountered in today’s project management.  More specifically, we have titled the series PROJECT MANAGEMENT CHALLENGES, since we intend to focus heavily on the managerial aspects of program / project management.  This post addresses the Project Management Plan [also known as Project Execution Plan, Project Plan and other titles].  The last post (Part 4) addressed the project planning process.

Authoritative information and guidance regarding project management comes from many sources.  A few that may be obvious include:

In order to frame and organize this topic, we are using the PMI Project Management Processes for a Project as presented in A Guide to the Project Management Body of Knowledge (PMBOK® Guide).

Many discussion groups and forums can be helpful.  These include AACE, PMI, LinkedIn and others. [Read more…]

PROJECT MANAGEMENT CHALLENGES – Project Planning Process (Part 4)

This post is the fourth in a series of discussions regarding current challenges being encountered in today’s project management.  More specifically, we have titled the series PROJECT MANAGEMENT CHALLENGES, since we intend to focus heavily on the managerial aspects of program / project management.  This post addresses the project planning process.  This is a crucial challenge and the importance of this process cannot be overstated.

Authoritative information and guidance regarding project management comes from many sources.  A few that may be obvious include:

In order to frame and organize this topic, we are using the PMI Project Management Processes for a Project as presented in A Guide to the Project Management Body of Knowledge (PMBOK® Guide).

Many discussion groups and forums can be helpful.  These include AACE, PMI, LinkedIn and others. [Read more…]

MANAGING RISK OF DELAY – Schedule Specification Sources and Implementation (Part 8)

This post is the eighth in a series of discussions regarding various aspects of time management as it relates to the risk of delay.  More specifically, we have titled the series MANAGING RISK OF DELAY, since we focus heavily on the managerial aspects of program / project management.  This post addresses implementing and using a schedule specification as a managerial tool.

The challenge associated with managing time is common to virtually all projects.  This challenge is true for most project management situations.  It is intensified in the case of larger and more complex projects.  Examples include Lump Sum Turn Key (LSTK), Engineer Procure Construct (EPC) and other similarly executed projects.  In addition to the normal issues associated with bulk progress, actions or inactions by the owner can add considerable complexity to this challenge.  Over the past seven years, M&M has program/project managed five projects exceeding $100 million (USD) in investment value (total installed cost).  Thus, practical/practioner experience is engendered in this discussion/post. [Read more…]

PROJECT MANAGEMENT CHALLENGES – Project Initiation Lessons Learned (Part 3)

This Lessons Learned in Project Initiation post is the third in a series of discussions regarding current challenges being encountered in today’s project management world.  We have titled the series PROJECT MANAGEMENT CHALLENGES, since we intend to focus heavily on the managerial aspects of program / project management.  This post addresses the starting point or initiation of the project.  This is a crucial challenge.

The study of lessons learned creates relevance and importance in (sometimes) abstract concepts.  It answers queries regarding the practical side of the issue.  There is a famous quote out there that talks about those that refuse to study history.  It is suggested that you avoid reliving the mistakes experienced by others. [Read more…]