Kiron Bondale

FEBRUARY 14, 2021

After I had reviewed how Monte Carlo simulation could help a team to understand the distribution of potential schedule or cost outcomes for a release or project, one of the learners in the class I was teaching pointed out that while such techniques can be helpful, they are only as good as the inputs provided. When Monte Carlo is used in project contexts, these inputs are usually expected duration or cost ranges for the activities.

Estimate 229

Estimate Technical Review Consulting Defining 229

MPUG

FEBRUARY 14, 2021

If you have trouble managing your time, you’re definitely not alone. Washington State University recently reported that over 7 billion dollars is lost every day due to unrecorded work activity and productivity issues. Our world is stressful and busy, which means that we all need to find strategies that work to keep us on track. Whether you’re working from home or at the office, you need to be able to resist distractions and focus on work.

Defining 72

Defining Closing Planning 72

Online PM Courses

FEBRUARY 14, 2021

There are many Project Management Organizations - and many reasons to engage with them. But how much do you know about the top ones? The post How Much do You Know about the Top 10 Project Management Organizations? appeared first on OnlinePMCourses.

PMI 88

PMI 88

Musings on Project Management

FEBRUARY 14, 2021

You just got that dreaded call: your finance officer wants to talk to you about your projectUgh!The subject is "economic value add" aka EVA. You're thinking: Didn't that come and go as the flavor of the month a decade ago?Perhaps, but it's still relevant for for-profit projectsSo, here's what you need to know:It costs money to raise the capital funds to pay for your project.If not for your.

Finance 170

Finance 170

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Understanding digital debt is crucial before digital transformation. Assemble a team to assess internal operations, market pressures, and digital debt's impact. Define future digital vision with measurable goals. Refine hypotheses and conduct market analysis. Develop a roadmap for transformation with defined projects, cost estimates, and governance.

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