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  • ...ot sufficiently support construction management during execution, nor does it create a continuous and thus economical flow of resources. ...or continuous following-up on the produced part of the project. Therefore, it can be used as a basis for identifying possible deviations and the conseque
    27 KB (4,029 words) - 08:18, 2 September 2022
  • ...theory identifies the players, their assets and their possible strategies. It simulates, through a precise defined game, the different interactions betwe ...view, this article outlines the use of '''Game theory''' as a simple tool. It opens a new and more rational perspective for the manager that can be used
    26 KB (4,278 words) - 15:19, 18 December 2018
  • ...the progress of an on-going project. It is usually made as a bar chart and it relies upon [[Work Breakdown Structure (WBS)]], which is a method within pr ...t was invented by a polish engineer called Karol Adamiecki. The purpose of it was to be a methodology for work harmonization, which was based on graphica
    16 KB (2,841 words) - 15:04, 18 December 2018
  • '''A Story Point''' is an estimation metric used by many IT-development teams. Story Points are often recommended in [[Agile Project Ma ... uncertainty and risks involved with the completion of the estimated task. It remains, however, a controversial tool, often because the concept is not we
    26 KB (4,022 words) - 15:39, 18 December 2018
  • ...and a comparison to other existing network based project management tools. It will also explore the usage of this method in todays projects, its advantag ...he 1950s by the US Navy, during the works on the Polaris missiles project. It was a large and complex project involving multiple contractors and an effec
    15 KB (2,461 words) - 15:29, 18 December 2018
  • ...ins several tools that can be applied in different ways and –situations. It would often be a good idea for a company to use Lean as project management ...ts have emphasized what Lean as a project management tool actually is, how it’s applied and why many companies see more improvement when using Lean ins
    19 KB (3,150 words) - 15:40, 18 December 2018
  • ...at factors can contribute to this event, also called base events. Finally, it allows one to calculate the probabilities of the top event. ...Boing Company, then the US army, then US government and, in today's world, it is used widely in System Safety and Reliability Engineering, as well as man
    16 KB (2,639 words) - 15:35, 18 December 2018
  • ...t is even harder and if the different projects have different topics, then it becomes a challenge to ensure the planned schedules while complying with th ... So,MPM is located between Program Management and Portfolio Management but it is different. That is more than a Program but less than a Portfolio.
    18 KB (2,933 words) - 15:19, 18 December 2018
  • ... phases nor set of guidelines on how the activities should be executed but it adapts to the current situation and performs the best way possible. In cont ...cribed and its main differences with the traditional approach highlighted. It will follow how to deal with XPM by means of Rapid Methodology.
    17 KB (2,765 words) - 21:45, 21 September 2015
  • ...tices to follow when designing and implementing a PPM system in a Startup. It is left for the readers’ criteria to evaluate the suitability of each too ...ent process is the Startup’s Achilles heel to accomplish this objective: It needs to be as smooth as a Swiss watch. But what has Project Portfolio Mana
    21 KB (3,127 words) - 15:01, 18 December 2018
  • ...Chart can become increasingly complex to use. Because of todays technology it has become much easier to create a Gantt Chart and get an overview of the i ...Gantt Chart should be can be a hard choice. As many programs are available it can be hard to find a program that fits the specific needs one might have.
    19 KB (3,218 words) - 15:12, 18 December 2018
  • ...compromising the ability of future generations to meet their own needs”. It was the ”Brundtland Report” from 1987 that attracted attention to the ...Because of the complexity and dynamics of sustainable development projects it is necessary to value-based ranking system as BREEAM.
    1 KB (205 words) - 21:13, 13 September 2015
  • ...h the CCPM is to strip off the risk of starting the project late or finish it early, and instead put some extra time into a buffer. ...you have a restriction, and want to improve the performance of the system, it is required to follow the rule “more is better”. This means that the to
    27 KB (4,322 words) - 15:26, 18 December 2018
  • The method is useful during execution of a project because it tells us where we are going with schedule and costs, indicating any varianc ...formance is the best indicator of future performance. By using trend data, it is therefore possible to forecast cost and schedule overruns early in the p
    18 KB (2,857 words) - 15:51, 18 December 2018
  • ...ent. High complexity has the tendency of surprising, because no one “saw it coming”. ...tegrated ability to withstand volatility. We just have to learn how to use it prospectively.
    17 KB (2,716 words) - 15:51, 18 December 2018
  • ...sponsible to bring the whole construction project into reality and to hand it over to the London Organising Committee of the Olympic Games and Paralympic ...nd objectives, making the programme even more complicated and complex than it was before. All these challenges were solved through innovative decisions a
    30 KB (4,537 words) - 15:16, 18 December 2018
  • ... took as long as in 1968 when the method was known well enough to consider it to be in its second stage – mainly due to time-consuming characteristic o What helped CPM to be more and more popular was that it is of great utility while managing bigger projects – the method was immed
    28 KB (4,436 words) - 15:34, 18 December 2018
  • It is of prime importance to guarantee taking the affected people into account ...out building a wind farm to its completion and the start of its operation, it takes up to several years. Thus, there are many possibilities for taking th
    22 KB (3,433 words) - 14:02, 18 December 2018
  • ...struction process. In short it is used to reduce changes in orders because it is possible to satisfy the stakeholders even before the construction phase ... VDC tool to construction projects by going through different sections and it will discuss the advantages and disadvantages when implementing the tool in
    19 KB (3,120 words) - 13:19, 18 December 2018
  • In addition, it is essential to improve the projects management by identifying the risks, p * ''Complexity'', since it is costly in terms of time, money and other resources.
    14 KB (2,243 words) - 15:02, 18 December 2018

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