The Most Common Project Risks in the Oil and Gas Industry
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by Jeff Collins
Risk management makes up a vital part of effective risk management. However, risk management programs may vary greatly from project to project. Unfortunately, some industries, such as the oil and gas industry, may be prone to the recurrence of specific risks prior to, throughout, and after a project. Furthermore, projects in the oil and gas…
Read moreThe Most Common Primavera P6 Reports
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by Joe Somerville
Generating reports in Oracle P6 is an amazing, efficient way of maintaining control and oversight in your project. The potential report combinations in Oracle P6 can easily compile into the hundreds, if not more when considering custom reports. Although powerful, these reporting capabilities are useless if you do not know which reports will generate the greatest insight….
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The Main Steps to Effectively Executing a Project
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by Joe Somerville
Successful execution of your project requires attention to detail, insight into possible changes in project scope, and management of tasks on a large and small scale. These three factors can be broken down into hundreds of individual steps. However, these steps to effective project execution can the categorized into five main steps. Main Step to…
Read moreThe Key Indicators Your Project Is Failing
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by Jeff Collins
Project managers want to see their project succeed and benefit society. However, some projects will fail, and project managers understand this paradox of failure versus success. Yet, identifying the indicators of potential failure can be the defining step between project success and failure. If you notice any of the following events, your project could be…
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The Importance of Construction Project Management
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by Jeff Collins
Project management isn’t a simple task – and it becomes even more complicated when there are dozens of firms involved in the construction process and two state governments. Those looking for an example of the costs of poor construction management need look no further than the newly constructed World Trade Center One in New York City; and…
Read moreThe Importance of Communicating Project Risk
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by Jeff Collins
Try as hard as you’d like, but project risk is something that you just aren’t going to be able to eliminate 100%. Projects are huge undertakings with a large number of moving parts – at any given moment, there are a huge number of things that can potentially go wrong. The key to successful project…
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The Importance of a Project Manager’s Professional Development
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by Jeff Collins
Opportunities exist throughout the field of project management. Projects come and go, and project managers always seem to be on the move. Project managers can easily become lost in the timelines of projects, and their professional development suffers as a result. Unfortunately, this could lead to lost opportunities in future projects and unnecessary delays from…
Read moreThe Importance of a Project Management Training Course
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by Jeff Collins
On the surface, project management may seem like a relatively straightforward job. You probably think of it not unlike being the captain of a ship – all you really need to do is make sure that you’re headed in the right direction and that everyone is working towards the same goal, right? Wrong. It’s actually…
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The Impact of Project Management Communication on Project Success
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by Jeff Collins
Communication not only keeps everyone up-to-date on the project progress, but also facilitates buy-in and ownership of major project decisions and milestones. The ability to communicate clearly can be the difference between success and failure in project management. A strong leader will not just relay messages from one level to another. Clear and consistent communication needs…
Read moreThe Difference Between Projects, Programs, and Portfolios
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by Joe Somerville
Many people hear the terms projects, programs and portfolio, but are not sure what they all mean and how they fit together. All three are structures that allow us to organize certain types of work. The difference between projects, programs and portfolios needs to be understood by project managers. The Definitions and Difference Between Projects, Programs…
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The Difference Between Project Planning and Project Estimating
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by Joe Somerville
Regardless of the type of industry that you’re operating in, two of your most important jobs as a project manager will always be project planning and project estimating. However, it is far too common for people tend to use these terms interchangeably. In reality, they are two completely different functions and should be treated as…
Read moreThe Dangers of Poor Business Intelligence
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by Jeff Collins
Business intelligence is supposed to help your organization perform better, achieve results at a lower cost and increase the responsiveness of your staff. However, business intelligence can be useless when you do not track relevant, recent data. In addition, poor business intelligence will create many more problems than you can imagine, but some of the…
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