Latest Releases

  • Capacity Planning

    The resource capacity planning process enables a project manager to assess the available resources in comparison to the project’s demands. This evaluation helps determine if there are sufficient resources to complete the existing work or, in the case of a portfolio if there is the capacity to accommodate additional tasks. Essentially, it involves striking a…

  • Ladder Scheduling

    Ladder scheduling is a method used in project management to create a detailed and structured plan for executing tasks. It involves breaking down larger tasks into smaller, more manageable subtasks and organizing them in a sequential order, akin to rungs on a ladder. This approach allows for a more granular view of the project’s progression,…

  • Schedule Adherence

    In project management, schedule adherence refers to the degree to which a project team or project participants follow and adhere to the project schedule that has been established during the planning phase. It is a critical aspect of project management as it helps ensure that the project stays on track, meets its milestones, and is…

  • Commodity Loaded Schedule vs Resource Loaded Schedule

    A commodity-loaded schedule and a resource-loaded schedule are two different approaches used in project management to plan and track the allocation of resources and the progress of tasks within a project. They serve different purposes and provide distinct insights into the project’s execution. Here’s a breakdown of each: Commodity-Loaded Schedule: A commodity-loaded schedule focuses on…

  • Trend vs Change Order

    In the context of project management or business processes, “trend” and “change order” are two distinct terms with different meanings and implications: Trend: A trend refers to a pattern or direction of change over time, indicating a consistent shift in a particular direction. Trends are often identified by analyzing data points or performance metrics over…

  • Schedule Risk Analysis

    Schedule Risk Analysis (SRA) is a technique used to assess and analyze the potential impact of uncertainties and risks on project schedules. Here are some key characteristics of Schedule Risk Analysis: Probabilistic Approach: SRA employs a probabilistic approach by incorporating uncertainties and risks into the project schedule. It considers the likelihood and impact of various…

  • Update Baseline

    To update the baseline feature in Primavera P6, follow these steps: Launch Primavera P6 and open the project you want to update the baseline for. Go to the “Projects” tab and select the project from the list. In the top menu, click on the “Project” dropdown and select “Maintain Baselines.” The “Maintain Baselines” dialog box…

  • Documenting Schedule Basis

    Table 3-1Sample Table of Contents for a Schedule Basis Memorandum Section Number Section Title 1.0 INTRODUCTION 2.0 EXECUTIVE SUMMARY 3.0 CURRENT PROJECT STATUS 4.0 BASIS OF SCHEDULE 5.0 RISK ANALYSIS 6.0 SUPPORTING APPENDICES, ATTACHMENTS AND EXHIBITS The detail and depth of discussion for each of the above sections depends on the size and scope of…

  • PSP EXam