- Problem Definition
One of the most important considerations of project planning is the scheduling of a project at the right level, at the right time – and that can be challenging. Executive-level and senior-level management scheduling have different needs and goals than stage- or phase-level scheduling, which may require more detailed planning.
1. Problem Definition
As previous experience while working on a FEED Project, the project was undertaken by a fenced task where I was assigned as the project engineer. The project duration was given as 11 months by the Client. Unfortunately the Project has been over-run its schedule by additional 2 months. This analysis will study if there was a better way to estimate the schedule duration.
According to the PMBOK the following are the different tools and techniques used to Estimate activity durations:
- Expert judgment:
- Analogues estimating
- Parametric estimating
- Three point estimating (PERT)
- Group decision making
- Reserve analysis
While these methods are all viable, their precision and accuracies differ. If we take a closer look at the three point estimating method we could tell that the precision of these types estimates are much higher and therefore more practical to be used at this stage of the Project.
1- Problem Definition:
A project organization is a structure that facilitates the coordination and implementation of project activities (1). The main reason for this blog posting, we were requested to build a new project, this project needs a new team with separate organization structure. The importance of any organization structure is to provide guidelines on hierarchy, authority of structure and relationships, linkage between different functions/departments.
- Problem Definition
During the course of this program a lot has changed since the the first 5 day face to face phase. Team has been underachieving and is not as gelled as initially anticipated. A second Tuckman assessment is being done to redefine the leadership style suitable for us if required. The same questionnaire was used by the team to answer the same 32 questions and to help rank what stage we think the team is currently on.
1. Problem Definition
After graduating from high school the Omani students have many options to start higher education locally or abroad. In this blog the student options are going to be studied and investigated using a simulated scenario of a student graduated from high school. Continue reading
- Problem Definition.
Due to increase in produce water forecast from 50,000 ppd to 150,000 ppd the water treatment system required to be upgraded to handle the new additional demand. The cost estimation of the Project has been developed. From previous experience for similar project, the chance of variations is most likely to happen. Therefore, the approved cost may overrun. Then as recommended practice it is required to perform cost contingency for the project. Contingency is defined as “An amount added to an estimate to allow for items, conditions, or events for which the state, occurrence, or effect is uncertain and that experience shows will likely result, in aggregate, in additional costs”
My Learning curve
1. Problem definition.
It has been now 5 weeks since we have kicked off the Takatuf PMI program. The workload has increased exponentially and so is the individual learning curve. In order to properly plan the upcoming work-, a workload histogram was analyzed in my WK2- blog post. For this blog post, the information obtained from wk-2 blog post will be used to analyze the actual work done and the Learning curve as an outcome of the work performed.
1. Problem Definition Refer to my Blog Positing in W4 we will be evaluating the received bid technically and commercially so that the approved bidders win the contract. Tender board technical committee is to evaluate the technical bid first so that the technical evaluation approved report will be submitted to commercial Team to open commercial bid of approved bidder technically.
Having highlighted the importance of project charters and following the previous blog which discussed why sometimes the project charter are left out, this blog will discuss what are the implications of not having a project charter and how it can affect the overall project success.
1. Problem Definition.
MARR calculated in W4 blog without considering Risk Scoring. For any upstream or downstream investment in oil and gas, there are associated risks with any investment and that varies from one location to another. These risks include, but not limited to, type of reservoir, onshore/offshore activity, remoteness, complexity of asset, etc. It is important that these risks to be quantified in terms of percentage so that will be plugged into the MARR equation.