Application of P&G Cost to the Calculations for an Extension of Time

Where P & G cost are incorporated in any contract or order by schedule or list, there must be a clear distinction between time related costs, value related cost, and fixed cost. Continue reading

Estimating Planning Durations and Resources

A project plan is a tool that enables the project management to allocate resources and attention appropriate to the status of the project. When I mention the “status of the project” I mean specifically whether the project is late or early, whether the project is running at high efficiency (earned value) or low efficiency, and so on, in accordance with the latest update of the plan. Continue reading

Concurrency of Delays in Projects

Concurrent delay in a project occurs when 2 or more parties are late at the same time. What, you may well ask, is the problem with concurrency? The project is late and the first order of business is to reduce or eliminate the lateness through re-planning, acceleration, or any other means. Continue reading