Blog Archives

% Complete VS Physical % Complete in MS PROJECT 2013-6

Many people get confused with these 3 terms- functionalities of MS Project. Nenad wrote a Blogpost clarifying them and presenting their differences through an example: Far too often people arbitrarily track project performance through the “Percent (%) Complete” method with

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Posted in MS Project, Project Management

How to Choose the Right Forecasting Technique

In virtually every decision they make, executives today consider some kind of forecast. Sound predictions of demands and trends are no longer luxury items, but a necessity, if managers are to cope with seasonality, sudden changes in demand levels, price-cutting

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Posted in Forecasting, 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

[Bracketing] the Black Swan

A way to predict the unpredictable!

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Posted in Forecasting, Risk Management

The Delphi Method | Insight Central

Source: Forecast Friday Topic: The Delphi Method | Insight Central

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Posted in Forecasting, Risk Management

The Good Judgement Project and Bayes’ Calculator

A very insightful article on Judgemental forecasting Source: The Good Judgement Project and Bayes’ Calculator | Andrew Halterman

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Posted in Forecasting

When Can Predictive Brains be Truly Bayesian?

Let’s walk our way into super-forecasting, one step at a time. The following article is more than interesting… Enjoy!

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Posted in Forecasting

Correlation in Schedule Risk

Introduction A key issue when undertaking Schedule Risk Analysis (SRA) is understanding correlation and its significance on results, this article aims to provide a simple example to illustrate correlation, and how SRA results are affected. Dr David Hulett, an expert

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Posted in Project Management, Risk Management
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