2020 Challenges and Trends in Construction

Epicflow Blog

Construction is one of the industries that don’t follow emerging innovative trends too quickly and enthusiastically but anyway it doesn’t ignore many of them to improve its state. So, let’s take a look at the challenges and trends construction is facing this year, and check out if it’s ready for them. AR and VR help departments of building companies collaborate more efficiently, and therefore, project management becomes more convenient.

Manage Risks While Compressing Project Schedules

Project Risk Coach

Project managers are pressured to deliver projects quickly. Sponsors think their project managers are magicians. Let us explore ways to compress project schedules and manage the associated risks. One risk is that we may fail to identify activities.

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From Laying the Foundation to Completion: The Basics and Challenges of Project Management in Construction

Inloox

Construction project management is considered one of the original forms of today's project management. With the construction of their pyramids, which were over a hundred meters high, they literally laid the foundation for the possibilities of construction as we know it today.

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How to Effectively Run Construction Management Projects

Wrike

Construction is thriving. It’s stats like these that fuel further workforce growth, adding an average of 200,000 employees to the construction industry sector per year. In an industry like this one, it’s no wonder more and more people are interested in learning how to get started as a construction manager and the key steps necessary to effectively perform their duties. Everything You Need to Know About Construction Management Projects.

How to Make a Risk Management Plan

ProjectManager.com

You identify them, record them, monitor them and plan for them: risks are an inherent part of every project. Some risks are bound to become problem areas—like executing a project over the holidays and having to plan the project timeline around them. But there are many risks within any given project that, when unchecked, can come as unwelcome surprises to you and your team. That’s where a risk management plan comes in—to help mitigate risks before they become problems.

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Top Tips for Reducing Risks as a Construction Project Manager

Wrike

But, any project manager will quickly tell you that’s not the case. Every project brings a whole lot of risk and uncertainty with it — particularly in the construction industry. When construction projects involve owners, designers, and contractors, the project delivery system exists to describe “how these participants are organized to interact, transforming the owner’s project goals and objectives into a finished project,” explains an article for ProjectConnections.

How To Make A Construction Schedule For Clients (Includes Templates)

Teamweek

Planning a construction schedule can quickly become complex. In this article, you’ll learn how to make a construction schedule in 7 simple steps. You’ll learn: What is a construction schedule, it’s functions & types? Why do you need a construction schedule?

Early experimentation is key to reducing project risk

Kiron Bondale

Both the Rational Unified Process and Disciplined Agile Delivery highlight the importance of proving solution architecture early and one effective means of doing this is through the design, construction and execution of experiments focused on quality attributes such as performance or flexibility. Assumptions which have not been validated are a common source of project risks. Agile Project Management agile project management Project performance Risk management

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Risk Response Strategies: Full Roundup

Online PM Courses

Risk response strategies are the basic ways you can handle project risks. They are also also one of the areas of project management practice that the PMI updated in the 6th Edition of its Project Management Body of Knowledge (PMBoK ? ). So, it seems like a good time to look at this vital aspect of project management in some detail. Introducing Project Risk Management. ’ This video introduces a four-stage risk management process.

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10 Key Skills Every Construction Project Manager Should Master

Teamweek

Within the construction world, project managers are more commonly referred to as general contractors. From managing the construction of both residential and commercial buildings to paving roads and raising bridges, they are required to have a vast amount of knowledge in the industry. It is up to the construction project manager to supervise large personnel teams, while also maintaining a safe and productive work environment. Team Management.

Seven Aspects of Project Risk in 2020

Strategy Execution | PMO Perspectives

Ahead of its January meeting in Davos, the World Economic Forum published its Global Risks Report 2020, based on the input of 750 experts and outlining the biggest risks faced by economies over the next 10 years [1]. Infectious disease was ranked as 10th biggest risk in terms of impact, and didn’t figure at all in the top ten by likelihood. And if the WEF didn’t see a risk coming, then what hope do we have? So, whose risk was this?

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2021 Online & On-Site Events for Project Managers

Epicflow Blog

2021 is going to be full of both online and offline events for project managers engaged in different areas of business: construction and engineering, IT, healthcare, and many others. Biggest Online Project Management Conferences in 2021. Webinars for Project Managers.

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How to Create a Flawless Construction Schedule for Clients

Teamweek

Unless you’re building a Lego spaceship with your kids, construction is never a spontaneous or fast process. Why Construction Schedules Are Important. A flawless construction schedule is a blueprint for success. By creating a project management schedule, you put together a clear plan that can be shared with everyone on the team. The many functions of a construction schedule include: Asset management. How to Build a Construction Schedule.

Strategic Risk Management and Projects

Strategy Execution | PMO Perspectives

Experienced managers know the value of the ‘elevator view’, that is, knowing when to press the button for the top floor to look down at the bigger picture, and when to descend to the ground floor to get down ‘amongst the weeds’. At the ground floor our project managers provide assurance that their projects are on target to deliver, according to st ated objectives. Strategic Risk Management. But how important is the strategic leadership and alignment of risk planning?

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Understanding Risk Breakdown Structure

Wrike

When it comes to risk management , a risk breakdown structure is a powerful tool in a project manager’s toolkit. While risks are typically associated with negative outcomes, PMI distinguishes that a risk may also produce a positive project impact.

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Risk Management Resources

Herding Cats

Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003. Risk Management is Project Management for Adults - Tim Lister. Risk Management Papers. “A

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Risk Management is How Adults Manage Projects

Herding Cats

In a recent exchange in social media, it was clear the notion of risk and the sources of risk, the consequences or risks and managing in the presence of risk was in very unclear, when it was conjectured , we can simply slice the work into small bits and REDUCE risk. . First, the only risk that can be reduced is the risk created by Epistemic Uncertainty. Making things small does not reduce the risk it may make the uncertainty smaller.

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A Compendium of Risk Management Resources

Herding Cats

This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects. Risk Management is essential for development and production programs. Effective Risk Management 2nd Edition, Edmund Conrow, AIAA, 2003. Risk a Feelings,” George F.

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Architecture, Construction, Engineering, and ACE Conferences in 2018

Appfluence

The ACE industry is a unique field because it consists of architects, engineers, and those in the construction industry; in other words, three separate industries that intertwine. This is where attending architecture conferences, construction conferences, engineering conferences, or even ACE conferences comes into play. Construction Conferences. Construction Conferences 2018. 2018 FTBA Construction Conference. Construction Research Congress 2018.

Managing Uncertainty, Risk, Threat, and Opportunity

Herding Cats

I received a book over the Holidays - Managing Project Risk and Uncertainty: A Constructively Simple Approach to Decision Making , Chris Chapman and Stephen Ward. This is a seminal work on risk management in the presence of uncertainty. All Management decision should take uncertainty into account. Sometime the implcations of uncertanty are risk in the sense of significant potential unwlecome effects on orgainzation performance. .

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How Risk Management is Crucial to Project Management

Planview

It is impossible to talk about project management without talking about risk. Risk management is an underutilized but necessary part of effective project management. At the very least, an early risk assessment should be done, and the risks that are considered “high probability/high impact” should be documented and planned for. Management Reserve and Contingency Reserve). Avoidance – changing plans to completely avoid the risk.

Psychological safety is not about being nice

Kiron Bondale

This is not permitted by facilities management in order to avoid potential fires. Bob’s manager, Sally, and his cubicle neighbor, Jim, are both aware of the space heater and the fact that its usage is not permitted, but are unwilling to request that Bob remove it.

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Risk, Their Sources, and Handling Strategies

Herding Cats

Risk identification during early design phases of complex systems is commonly implemented but often fails to identify events and circumstances that challenge program performance. Inefficiencies in cost and schedule estimates are usually held accountable for cost and schedule overruns, but the true root cause is often the realization of programmatic risks. The projected impact of the risk produced by Aleatory uncertainty can be managed through cost, schedule, and/or technical margin.

Project Management Software Comparison for 2021

ProjectManager.com

We’ve learned a lot over the past year about social distancing, hand washing, and, if you want to keep productivity chugging along, you need project management software. Task Management Focused: Tools that target your work, organizing it and monitoring your progress to keep you on schedule.

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How to Make a Program Management Plan

ProjectManager.com

A program is a collection of projects that relate to one another, and are therefore managed together in order to achieve maximum efficiencies. The advantages of managing these similar projects make them stand better together than by themselves. Program Management vs Project Management.

Project Risk Assessment (Ultimate Guide to Project Risk, Part 1)

Wrike

Your new construction, your server warehouse, your team headquarters — your whole project has been flattened to a pancake under a mountain of rubble. Life is full of surprises, and even if you budget every penny and map out each milestone, project risk can sneak up and pull the rug out from under you. You can’t predict the future, but with this Ultimate Guide to Project Risk, you can prepare for it. Risky Business: What is Project Risk, Exactly? Assessing Project Risk.

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Alternative Project Management Job Titles

Project Bliss

This list of project management job titles can help if you need to find other names for the role. When you’re thinking about moving into a project management career, you’re likely looking for jobs with the title “project manager.”

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Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

If we look at the discipline of software engineering, we see that the microeconomics branch of economics deals more with the types of decisions we need to make as software engineers or managers. Research clearly shows the root causes of most software projects cost and schedule overruns and technical shortfalls comes from poor risk management. Now To Risk Management. Risk is the effect of uncertainty of objectives. All risk comes from Uncertainty.

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Vendor Showcase Recap: Making Light Work of Schedule Risk Analysis – By Barbecana

MPUG

Please find below a transcription of the audio portion of John Owen’s showcase session, Making Light Work of Schedule Risk Analysis, being provided by MPUG for the convenience of our members. He has extensive experience of both project management, and software development.

Vendor Showcase Recap: Making Light Work of Schedule Risk Analysis – By Barbecana

MPUG

Please find below a transcription of the audio portion of John Owen’s showcase session, Making Light Work of Schedule Risk Analysis, being provided by MPUG for the convenience of our members. He has extensive experience of both project management, and software development.

5 Ways Epicflow Enables High-Performing Teams

Epicflow Blog

One of the tried and tested 21st-century methods of gaining productivity is adopting an effective project management tool like Epicflow. Resource Management Feature. Epicflow helps you make sure everyone in your electric engineering, assembly, construction, support, welding, and production enterprise has an optimal workload which, in our experience, often helps increase team productivity and leads to maximum output.

Overcoming bias in project management

Girl's Guide to PM

Are you biased as a project manager? In this article we’ll talk about the different types of bias in project management. A project manager is the linchpin of a successful project. Since good decision-making is critical for good leadership and guidance, project managers need to know how heuristics (mental disposition) and biases (personal inclinations) influence a project manager’s decisions. Anchoring bias in project management.

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Critical path: who's in charge?

Musings on Project Management

This is all too common in construction projects where independent "trades" (meaning contractors with different skills, like. critical path Risk Management scheduleYou've got a job to do; you've sequenced and scheduled itBut, in the middle of your critical path there is another independent project (or task) over which you have no control. In effect, your schedule has a break in its sequence over which you have no influence.Yikes!

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Tackling Project Management Job Titles

Arras People

Looking through the data from the 2019 Arras People Project Management Benchmark Report (2019 PMBR) it really reinforces the fact that project management is so richly diverse when viewed across the many organisations and industries where these important skills are used. The point is drawn out further when looking at the many job titles that project management practitioners have even when they identify as belonging to the same groups such as ‘project manager’ or ‘project support’.

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How do you hold safe meetings when some team members are invisible?

Kiron Bondale

But if your team has just formed or you are only seeing a few signs of nascent psychological safety, here are a few suggestions on reducing safety risks. Building teams in such contexts might be harder, but with focus and creativity you can reduce the risks of out of sight, out of safety!

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Industry, Product, and Technical Knowledge: What Makes a Project Manager an Expert?

Epicflow Blog

Regardless of your skills, background, and experience, you probably have asked yourself a question at least once: what kind of knowledge do I need to be a competitive expert in project management? Industry Knowledge in Project Management Career: What to Focus on? . Risk Management.

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Project Management Job Description

Girl's Guide to PM

The project management job descriptions you see in profiles on LinkedIn might not represent exactly what you would do in the role. That’s because project managers do so many different things! In this article, we’ll look at the things that make up a typical project management job description, and then look at some specialist industries plus the role of a junior project manager. A general project management job description. Learn more in my book, Project Manager.

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What is Visual Project Management?

Girl's Guide to PM

Today I’m interviewing Mark Woeppel, author of Visual Project Management. But what is visual project management? Mark, what is visual project management? The main emphasis of the project management body of knowledge is “control”, which typically means more or better planning.

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How to Manage Project Scope Without Scope Creep (with examples)

Girl's Guide to PM

Scope creep in project management is where additional requirements are added to the project, beyond what was originally agreed and these additions are not formally authorized. Scope creep is caused by lack of requirements management. Example of scope creep in construction.

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How To Become A Project Manager: The Ultimate Guide

Project Bliss

Have you wondered if project management was a good career path for you, and if so, just how to become a project manager ? You may be a natural born project manager. Project management may be your dream job. What Does a Project Manager Do? Managing risks.

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