A cost benefit analysis puts the expected costs of a decision next to the expected benefits and asks whether the second column is bigger than the first. Project approvals, capital investment, hiring, infrastructure — it shows up everywhere. This article works through … Read more
Enter a predecessor in any scheduling tool and you’re applying the precedence diagramming method. Most schedulers do this with finish-to-start for every dependency — which works for the majority of relationships but misrepresents the rest. I’ve reviewed programmes where the … Read more
Cost classification is one of those topics that seems obvious until you’re sitting in front of a budget and trying to decide whether the project manager’s time is direct or indirect. Or whether the site welfare facilities on a construction … Read more
The project risk management plan that gets used looks different from the one that gets filed. I’ve reviewed end-of-project risk registers where 11 of the 14 risks that actually materialised were in the original register — scored correctly, with plausible … Read more
Most organisations that adopt kaizen principles understand them well enough on paper. The five or ten principles get listed in a workshop slide deck, people nod, and then the team goes back to their desks and nothing changes. I spent … Read more
The cause and effect diagram — also called a fishbone diagram or Ishikawa diagram — gets used in root cause analysis more than almost any other quality tool. I’ve seen it used well and I’ve seen it used badly, and … Read more
Project procurement management involves more commercial decision-making than most project managers are trained for. Not the administrative side — issuing purchase orders, filing contracts — but the decisions that actually determine project outcomes: what to outsource, what contract structure to … Read more
This critical path method example article covers the full calculation — forward pass, backward pass, float — and the execution problem that makes most CPM implementations less useful than they should be. The critical path method tells you which activities … Read more
The conversation about fast tracking vs crashing usually happens under pressure. The project is behind schedule, the client wants the original completion date, and someone in the room says “can we just add more people?” Someone else says “can we … Read more
The precedence diagramming method is what most project management software uses by default when you build a schedule network — and most users of those tools have never actually done the underlying calculations by hand. That’s a problem, because the … Read more
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