This article is the fourth in the series on the Six Elements of Project Controls. Past articles included the basics of the six elements of project controls, the effect of quality, and the maturity required. Today’s article discusses the competency and level of effort required to manage these elements of project controls…
Part 4 – Six Elements of Project Controls – Competency and Level of Effort Read More »
Last year, I provided two short articles for our readership: one on the six elements of project controls and the other on their required quality features. These articles provided an understanding of the operational steps and the expected quality for managing the functional project control requirements within a project…
Part 3 – Six Elements of Project Controls; Maturity Read More »
The AACE International Claims & Dispute Resolution Subcommittee (“CDR Subcommittee”) is a group of professionals and experts actively involved in the preparation, analysis, management, mitigation, and resolution of claims and disputes on projects. The general purpose of the CDR Subcommittee is to provide a neutral, professional forum where professionals involved in the claims and dispute process can meet, discuss, and develop technical content about issues of common interest. These claims-related issues are typically focused on the analyses of schedule delay, disruption, and damages quantification, which also include assessments of entitlement and responsibility…
A Primer for Claims and Disputes (Claims 101) Read More »
The cleanup of contaminated sites involves removing hazards to human health, safety, or the environment from specific building(s) and/or a parcel(s) of land that includes contamination that may have spread to surface and/or groundwater. The nature of this is fundamentally different from most other capital asset projects in many aspects. For capital asset projects, project teams analyze the capital costs of facility planning, design, and construction through start-up of an asset combined with the costs to operate, maintain, and eventually dispose of the asset to give the total cost of ownership of the asset…
Life Cycle Costs for Environmental Projects Read More »
At an early stage of project development, the decision may be to decide which potential alternative (or alternatives) should be selected to advance to the next stage of development; and eventually the decision may be to authorize full funding of a project based on the economic analysis and business case that has been prepared based on a project estimate…
Why is a Basis of Estimate Necessary? Read More »
My group recently conducted a survey on some topics and received some very pointed comments from several of those who were surveyed. We knew we had some gaps in the areas they brought forward but leadership still felt a bit taken back by the harshness of some of their comments. My response to them was “Apathy is the enemy of excellence”. If we want to raise up to the desired level of excellence in those areas, we should be happy to hear that our employees are so passionate and so engaged and so comfortable providing that type of feedback…
Apathy is the Enemy of Excellence Read More »
In August 2021, I provided a short article on the six elements of project controls. The previous article provided a summary overview of the elements required for successful project delivery. In today’s article, I will briefly discuss the quality measures required to further support the value that the six elements of project controls bring to an organization…
Part 2 – Six Elements of Project Controls; Quality Read More »
In February 2021, I provided a short article on recommended practice (RP) 60R-10, Developing the Project Controls Plan. When I first authored the RP in 2010, I wanted to describe the project controls planning elements based on the Total Cost Management (TCM) Framework. I also briefly touched on the operational aspects of the six elements of project controls within the RP. These six elements of project controls include…
Part 1 – Six Elements of Project Controls; The Basics Read More »
I think the concept of float consumption is an interesting topic with a lot of variables to consider. This includes understanding the basics, such as the difference between free and total float, the different causes of consumption or changes over time, or what causes the float to grow…
How Reliable is Float Consumption as a Metric? Read More »
The portfolio planning process is a strategic process for any organization or enterprise, in any industry that strives to construct major or minor projects, and capital and maintenance projects. A portfolio of projects can consist of any grouping of individual projects or programs…
Programming Model for Capital and Maintenance Project Portfolio Planning Read More »