We received a question from a scheduler who was having difficulty specifying Terminal Float without the associated activity constraint inducing critical path discontinuities. Let’s take a look at what’s going on. What Is Terminal Float? Terminal Float has been defined as the difference between the current project end date and the Contract Completion Date (CCD). […]
Improving Project Management Through Stories
Project Management Through Stories Think back to a time where you made a mistake on a project. We bet you learned an interesting lesson that day, and probably have never made that same mistake again. Whether it was big or small, learning through failure is a sure-fire way to boost your skills! However, at an […]
7 Artifacts Used in Project Scheduling
Artifacts Used in Project Scheduling The latest version of A Guide to the Project Management Body of Knowledge (PMBOK® Guide) includes a new section on artifacts used during managing projects. An artifact is something you would create or use during the project, generally with the aim of helping you achieve the specific goals of the […]
P6 Percent Complete Type and Progressing Lump Sum Cost Effort
Primavera P6 has three ways to progress activities. The question is, which way is best for lump sum cost loaded activities? P6 has three flavors to choose from when deciding how to account for schedule progress: duration, physical, and units. A primer for selecting the appropriate percent complete type for your project situation is at […]
Complex Projects and Resource Allocation
One task that many project managers often find themselves responsible for is resource allocation on complex projects. While there is a variety thing that must be considered in order to efficiently allocate resources, one universal place to start is to map out the complexity of the assignment. This helps project managers to develop a full […]
Estimated Costs in Deltek Cobra
This article looks at some strategies for loading estimated actual costs, sometimes referred to as accruals, into your Deltek Cobra project. The first question you might asks is “Estimated Actuals”? Isn’t that something of an oxymoron? How can one have an estimated actual cost, surely it’s one or the other, right? For those of you […]
What is Earned Value Management
Have you been asked to look into earned value management for your organization in advance of bidding for a government contract? You’re in the right place. In this article, you’ll learn what is earned value management and how you can use it for your projects. We’ve put together a US contractor’s guide covering earned value […]
7 Types of Project Report
Types of Project Report When people think of project management, it’s often the on-the-job client delivery that springs to mind: creating assets for clients to use, installing solutions and getting the work done. However, there is a large part of running a project that is desk-based and administrative, but just as necessary. Project reporting is […]
Earned Value vs Revenue: What You Should Know
Earned Value vs Revenue: What You Should Know Sometimes we’re asked about earned value vs revenue: what are the differences and how they are used in project management. In this article, you’ll learn about earned value vs revenue and what they mean for your project. First, earned value. This is a topic that we’ve written […]
Create Graphs Showing the Longest Path in Visualizer
Primavera P6 Visualizer program provides another way to print the schedule Gantt chart. You can also create graphs showing the Longest Path in Visualizer. Primavera P6 Professional has the option to define critical activities two different ways the first is by Total Float and the second is by Longest Path. Visualizer takes the schedule created […]