Tools

The Importance of having Meaningful Probability Values for the Likelihood of Events’ Occurrence to Predict Future Results on Capital Construction Projects

When an individual makes a decision or takes an action, the quality of the made decision or takes action depends on the knowledge that this individual has in dealing with situations of similar nature. This knowledge is based on the accumulated successful and unsuccessful experiences that this individual has had Read more…

By Tony, ago

How Can Capital Construction Project Owners Consolidate the Monitoring, Evaluating and Reporting of the Schedule Performance Status Across their Complete Projects’ Portfolio When Different Tools Are Used in Creating Those Schedules?

For most owners of capital construction projects, the project life cycle starts from the early stage of capital planning all the way to the project closeout. During those stages, one of the project deliverables that will always exist is the project schedule. The level of details of the project schedule Read more…

By Tony, ago

Capturing, Analyzing and Sharing Lessons Learned from Delivering Capital Construction Projects

There is a growing trend among organizations that are involved in delivering capital projects to enforce proactive knowledge management culture. To achieve this, project team members are required to formally share lessons learned for which the quality and quantity of those lessons learned will become of the project team member Read more…

By Tony, ago