Imagine the following scenario. You are in charge of managing a big match in a stadium. The venue can hold over 100,000 people. The audience is as passionate about watching, as their favorite players are about playing. Any untoward incident can create problems. You want to have the security, monitoring, and all other aspects of…

  All too often schedule risk analysis is perceived as an advanced and time consuming technique performed in a cursory manner only to satisfy contract bid requirements. This article shows how even simple generic analysis can highlight areas for estimate refinement and then how tools like historical analysis and estimate confidence assessments can dramatically improve…

Full Monte is produced by Barbecana.  Product Summary:  Full Monte gives users a multi-faceted tool for performing schedule risk  analysis from within Microsoft Project.     Capabilities: Uses Monte Carlo Simulation to execute risk analysis and display results Histograms and s-curves can be customized based on early and/or late starts Tornado charts allow users to generate pragmatic results for the most…

Keeping projects on track can be extremely arduous for project managers, especially when it comes to constantly changing additions and requests. When project managers don’t implement the proper strategies and expectations with their clients, team, and senior management before starting the project, deadlines can crumble. For this reason, project managers should implement the following six…

You may be wondering why you can have individual items with slack in your schedule but then have total slack for the whole project show zero. Is there a way to show on your schedule how many days of slack you have for the entire project? The answer is complicated. First, some basics. Slack is…

The content of this article is a brief preview from Eric Uyttewaal’s new, upcoming book, Forecast Scheduling with Microsoft Project 2010, which will be published in the summer of 2010. The first version of the Critical Path Method (CPM 1.0) is soon celebrating its 60th birthday. It was just about 60 years ago — during…