Construction contracts and risk allocation

Risk is a major element in the construction industry and actually it is one of the main elements that can significantly affects the final cost of any project. The risk inherent in the construction process has grown substantially over the

Posted in Construction Management, Risk Management

Case Study: Project Delays in Qatar Construction Projects

As Qatar continues its race against time in delivering construction and infrastructure projects by the fixed deadline of 2022 (and later to achieve Qatar National Vision 2030), let’s look at some best-laid plans gone awry–and explore the causes and repercussions

Posted in Construction Management, Project Management, Risk Management

Manage Project Performance with EVM and Control Charts

This article describes how earned value management (EVM) indexes and control charts may be used in tangent to capture more insight from project performance. It is a very interesting article and I strongly suggest that you read the comments as well!

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Posted in Forecasting, Project Management, Project Management Math, Risk Management

Business Plan vs Business Case

What is the difference between a business case and business plan and what are they used for? I does get a bit confusing some times, although it shouldn’t! A Business Case is an examination of a potential market opportunity at

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Posted in Project Management

Composite organizational structure

In the below post you will find some very useful information about a very common but yet quite confusing organizational structure. The composite organizational structure is on of the 4 principal structures that we encounter in a typical PMP exam (functional,

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Posted in Project Management

Identify Risks (Threats & Opportunities).

Originally posted on Dive into Risk Management:
Hello to everyone, in the early stages of a project, we have yet to discover the risks. There are numerous tools and techniques that can help you, your project team, and your stakeholders identify risks…

Posted in Project Management

How to Be a Superforecaster 

In case you do not have the time to read “Superforecasting: The Art and Science of Prediction, by Philip Tetlock and Dan Gardner“, the below article gives you a pretty good look of the application of superforecasting techniques in a business

Posted in Forecasting

Create Your Own Widget

If you want to add a sidebar widget, button, or badge from another service that won’t work here on, you can create your own similar widget: Find an image to represent the servic… Source: Create Your Own Widget — Support

Posted in Various

[Bracketing] the Black Swan

A way to predict the unpredictable!

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Posted in Forecasting, Risk Management

8 Questions to Ask When Choosing a Business Forecasting Method 

Forecasting the correct answer is a problem whose solution relates to multiple factors of variable impact. The following article gives as a very good insight, in the form of a checklist, on how to perform our forecasting procedures, while at

Posted in Forecasting, Risk Management
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