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Time is Money: The Importance of Earned Value Management

In my previous article, I discussed the importance of a baseline, and how, without one, a PM doesn’t have a yardstick, per se, to measure with. Project Management presents many tools and techniques fo...

The Rhythmic Dance of Agile with Cadence

Odissi is one of the classical dances of India from the coastal state of Odisha. Based on archeological evidence, it’s possibly the oldest living classical Indian dance. The Massachusetts Institute of...

Earned Value Management (EVM) in Agile Development

In this article, we are going to explore Earned Value Management (EVM), a widely used traditional management technique, but we are going to look at it within the context of an Agile domain. Let’s cons...

Forecasting Projects: Time, Workload and Cost

  Download the files from Eric   Project Management Institute (PMI)® Professional Development Units (PDUs): This Webinar is eligible for 1 PMI® PDUs in the Technical category of the Talent T...

Fundamentals of Project Risk Management Framework

I’ve compared projects with living entities (like human beings), and the life cycle of a project with life cycle of a person. Similarly, the PMBOK guide, when expanded, is called project management bo...

Earned Schedule Management (ESM)

Imagine the following scenario. You are working on a software implementation project, which has 10 modules to complete. The cost of each module is US$100,000, and you want to complete the project in 1...

Contingency Reserve and Management Reserve

Let’s say you are going to a friend’s house, and you expect it to take about an hour to get there. In your city; however, traffic is known to cause delays. If a traffic jam occurs, it will impact your...

Demystifying Custom Reports (Part 2)

As we found in Part 1 Demystifying Custom Reports, of learning to design custom reports in MS Project is a bit like falling down a rabbit hole, akin to what Alice experienced in the Lewis Carroll-writ...

What’s the Value of Schedule Risk Analysis?

Introduction Many clients are now demanding that proposals include a schedule risk assessment, and the more savvy are requesting forecast dates be presented at, for example, 80% levels of confidence. ...

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