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MANAGING RISK OF DELAY – Critical Path and Earned Value Management (Part 6)

May 6, 2011 By George T McLaughlin PMP CCM

This post is the sixth 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 some ideas regarding the integrated nature of time management using critical path and earned value management.

The challenge associated with managing all (critical and non-critical path) work is common to virtually all 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…]

Filed Under: Featured, General, Projects Tagged With: Construction Contract Claims, Construction Contract Delay, Construction Contract Planning and Scheduling, Delay, Earned Value Management, Productivity, Productivity Management, Project Execution Plan, Project Execution Planning, Time Management, Time Management Strategy

PROGRESS REPORT – TAKING STOCK

April 27, 2011 By George T McLaughlin PMP CCM

This post is a progress or status report as McLaughlin and McLaughlin (M&M) assesses the status and progress of this Project Professionals blog.

Project Professionals commenced operations in late January 2011. The initial posts were on January 24, 2011. The blog and blogging were new to M&M and there was an expected learning curve. The rate of learning was substantially improved by advice and assistance from several key advisors. We wish to express our sincere thanks to all for the help.

The first full month of blogging was February 2011. As April comes to a close, we find the visitor rate (sometimes referred to as the analytics) to be very encouraging. The analytics for April reveal that visitors and page views have more than doubled since February. Visits have come from over 40 countries. As April draws to a close, we see the visitor activity continuing to increase. [Read more…]

Filed Under: Featured, General, Projects Tagged With: Claim Recognition, Construction Claims, Construction Contract Claims, Construction Contract Delay, Construction Contract Planning and Scheduling, Construction Field Labor Productivity, Delay, Earned Value Management, Project Execution Plan, Project Execution Planning, Project Professionals, Time Management, Time Management Strategy

Blog Objectives and Goals

January 24, 2011 By George T McLaughlin PMP CCM

Welcome to Project Professionals, a blog offered by McLaughlin & McLaughlin for project professionals and those that intend to achieve project professional status. A project professional must always mindful of Objectives and Goals. Thus, we regard this as a starting point for planning, development and ultimately execution. It is essential and appropriate to start with an articulation of these focus point.

Let us formulate the blog objectives as follows:

MANAGING RISK OF DELAY – Critical Path and Earned Value Management (Part 6)

PROGRESS REPORT – TAKING STOCK

Blog Objectives and Goals

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