LEOPARD PROJECT CONTROLS
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BASIC UNDERSTANDING OF PRIMAVERA P6 CALENDAR
Introduction It is a surprise that many people are not very knowledgeable about using the Primavera P6 Calendar effectively. When you think about it, nobody teaches you how to use them properly, so it's most probable that primavera Calendars are not being used effectively. Primavera P6 Calendars Calendars allow you to specify the working days and working hours available in a day. It is also possible to define holidays, recognized holidays, work shutdowns, and specific working / non-working days of the project. You can configure an unlimited number of calendars according to different work models. There are three different [...]
Setting the Baseline in MS Project and Change Management Baseline Updates
The purpose of this blog is to provide a documented mechanism for the process to baseline a start-up schedule in MS Project, as well as a guide on how to update the baseline for the new internal scope of an existing project in MS Project that has already been baselined. Such an example can be new scope added to the existing schedule as a result of an internal Management of Change (MOC), Execution Variance (EXV), Missed in Bid (MIB), or other external change requested and approved by the client. Most importantly, this documentation provides guidance on how to [...]
How Can Net Present Value Analysis Help Contractors Make Sound Investment Decisions
A dollar today is worth more than a dollar tomorrow; it is a statement that is often brought up by financial professionals engrossed in conversations on the concept of time value of money. The generality of the statement has thrown many unaccustomed to finance for a loop. In fact, it is as simple as it sounds. It is based on the idea that money received today is more valuable than the same amount of money in the future as it has the potential to be invested and generate interest over time. Suppose that you have borrowed a friend $2000, and [...]
Use of BIM in Construction
What is BIM? BIM stands for Building Information Modeling. It is amongst the most recent advancements in the AEC industry. BIM technologies digitally build one or more detailed simulated versions of a building. In a virtual digital environment, BIM simulates the construction process. It digitally/virtually constructs a 3D representation of the original building called the BIM model. After completion, the Building Information Model has the accurate geometry and all the relevant data required for calculation, visualization, and other processes in various construction phases such as design, procurement, and manufacturing to realize the construction. It is important to note that [...]
FINDING CRITICAL PATH IN ORACLE PRIMAVERA P6
INTRODUCTION: Critical Path Method (CPM) is the most widely used planning technique and is often referred to as critical path planning. This planning technique is used to plan and manage a Project and calculates the minimum lead time for a Project along with the possible start and end times for the Project activities. CPM is still a cornerstone of Project planning today. How long a Project lasts often depends on its main tasks. There shouldn’t be any delay in the critical path of project activities. Any delay in the single activity of a critical path results in a delay [...]
Claims and Disputes in Construction
Construction Claims During a project lifecycle, usual means cannot solve certain events. For that purpose, the contractor files a request called Claim in order to demand an extension of time, monetary compensation, or both. The issue is settled if the client approves the contractor’s demands and grants him an EoT or reimbursement of cost. In case the client disapproves of the contractor’s requests due to misinterpretation of the problem, the issue gives rise to a dispute. Claims have become an unavoidable issue in the project lifecycle. Sources of Claims As discussed previously, the contractor can file a claim due [...]
