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The Philosophy Behind S-curves

Summary: Have you ever wondered what an s-curve is in projects? Do you know why Project Managers are interested in seeing s-curves in project reports? Well, an s-curve is a project management graphical tool that displays cumulative data ( e.g. project’s costs, hours, progress, or quantities) against time. The term S-Curve denotes the tendency of

How to Succeed in Your Project Controls Career? [Interview with Roberto Orlandi]

I had the honor of interviewing one of the most inspiring, successful, and dedicated Project Control Directors & Managers, Roberto Orlandi. Roberto shared his 20-year global experience in Project Controls and provided guidance on the following topics: The global position of the Project Controls career The current and future market demand of a Project Controller How Project Controls differs

Certifications in Project Risk Management

Summary: Do you know what certifications in project risk management are available? Are you interested to know how you can become a certified risk management professional? There are two internationally recognized certifications in project risk management that I highly recommend you to consider if you are a project risk management practitioner or you perform cost

How Cost Contingency is Calculated?

Imagine that you are asked to estimate the total cost of a project. You have measured the quantities, and estimated the cost and price of each resource required for executing the scope of the project. After all the hard work that you have put into developing the cost estimate, you are asked how confident you

What is Contingency Reserve in a Cost Estimate?

Summary: Have you ever reviewed a Cost Estimate of a project? Have you ever wondered what “Contingency” is in a Cost Estimate? Do you know why a contingency reserve/ fund is allocated to a cost estimate? Cost contingency is a reserved fund that is added to a base cost estimate to account for cost uncertainty.

Essential Tools To Master in Project Controls

Summary: There are plenty of tools available today for Project Controllers to help them better manage and control projects. As technology evolves, more tools become available for use. This can become overwhelming as to what tool to choose from for controlling projects. Sometimes, finding and selecting the right tool is a project of its own