9 Steps to Successful Project Management

Managing projects can be a complicated process. If you do not plan correctly, then your project could fail and cost you a lot of money. In order to make sure this does not happen, you must manage projects using correct methodology. Here are 9 simple steps to using project management methodology to manage projects.

1. Review and summarize the project:  All project team members will brainstorm and come up with a project definition summary that will be used in the next steps. The project definition summary includes a project description, business justification, requirements, major stakeholders, and project team members.

2. Define scope, quality, and procurements: The scope and quality of a project are important because they identify the work needed to proceed with the project. Without scope, quality, and requirements, you cannot predict time and cost. Developing project scope should include all stakeholders and be goal oriented. After the scope has been defined, constraints on cost, scope, and time must be identified. This section of the project definition summary includes project objectives, constraints, risk, and procurement items.

3. Create a WBS and activity list: The WBS is an overall skeleton of the work that needs to be completed to finish the project. At the lowest level of the project is the work package. The work package is the lowest deliverable in a WBS and is comprised of all the activities that need to be completed to finish that deliverable. According to the PMBOK, an activity is defined as a component of work performed during the course of a project.

4. Determine activity sequence: This phase is important because the activities have been identified and need to be ordered in the correct sequence. This sequence is called a project network diagram. The project network diagram shows the flow of activities based on dependencies between activities. It is composed of events, activities, predecessors, and successors. The dependencies between two activities are called logical relationships.

5. Assign responsibilities: Resources are assigned to activities in this phase of the project. Each role that a resource will play has certain responsibilities and it is important to clarify these responsibilities in the beginning of the project. Assigning the correct resource to activity is based on the information included in the WBS. Resources will have to have the correct skills in order to complete the required. Matching the right resources to an activity will save the project in the long run because many projects fail due to poor resource allocation.

6. Estimate time and cost: Understanding how long a project will take to complete and how much it costs are vital pieces of information in project management. Although not 100% accurate, it still provides project managers with a baseline to compare against actual time and cost. Then, a schedule can be created with the information provided in a time and cost estimate. Another reason to estimate time and cost to make sure that enough resources are available to complete the project. Effective estimating will also help you create a budget, identify risk, and make better decisions.

7. Evaluate risk: All projects have risk. They will never be completely free of risk because of the nature of projects. No project will ever be created equal. Factors such as scope of work, available resources and different timeframes are just a few of the variables that can change a project. Risks can be positive or negative. A positive risk is referred to as opportunities and involves anything that may help the project team finish early, save money or achieve better results. A negative risk is called a threat and consists of anything that delays a project, increases costs, and resources, or changes scope. Managing risk requires the project manager, to plan, identify, assess, prioritize and quantify risk and then plan responses and contingencies for each risk.

8. Develop a schedule: The schedule is what is used to track the day-to-day activities and progress of a project. The most important part of the project is called the critical path. The critical path has been defined by the PMI as the sequence of scheduling activities that determine the duration of the project. It is the longest path through the project. Another important feature of the schedule is the Gantt chart. The Gantt chart tracks the actual progress through the schedule. The schedule can be changed based on dependency relationships between activities. Some activities need to begin when other activities begin or have to start immediately after another activity has finished. The schedule can be rolled up into a summary and presented to the stakeholders.

9. Plan communications: Effective communication between stakeholders, managers and project team members is vital to the overall success of a project. This process involves the identification of stakeholders, deciding what information is relevant to them, and determining how to distribute the information to them in a timely manner. Stakeholders want to track the performance of project and be warned of possible risks and issues down the road. The project managers usually performs a stakeholders analysis, creates a communication plan, and presents performance reports to make sure that stakeholders are receiving the correct information.

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How To Build A Road

I'm looking to build one that is decent but cheap. Decent as in just a entry level 10 speed. Using it for training and any road race. Probably getting something like this. Frame: Not sure of any, budget about 500USD Grouppo: Campy veloce 10spd Wheelset: Soul 4. 0 Contact point: Probably kcnc or ritchey wcs etc. Wouldnt mind spending abit more on this. Any advice on the component and around how much will this cost? Cheers. I was so glad to find this — Building a bike from parts is not the cheap way to go unless you are able to acquire parts at very low prices. This sort of question is asked often and the answer is always the same. Bike companies are able to buy component groups at highly discounted prices because they buy directly from the manufacturer in very large quantities. The parts are shipped to the factory in bulk packaging, further reducing costs. The actual cost of building the bike is not all that high, assembly lines are very efficient. When the bike is sold through a retailer, the markup is much less than it is on individual parts. All these factors work together to make a factory built bike cheaper than a bike built up from parts. Of course, if you want a specific component group and wheels that are not available in any factory built bike, you may have to go the build it yourself route. If you do enough shopping around, it might be possible to find the parts you you want at discounted prices, but it will take a lot of effort.

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Road Equipment

Open to any information and feed back new/used brands $$$$$'s websites whatever you want to share abt this topic. After looking around, I learned — As the other posters have said, fit is the most important aspect. Most of the big names in bikes make a really good product but if it doesn't fit right it won't matter if you've got the "best" bike in the world. Go to a good shop that will work with you to this end. You don't need a custom built bike but there are so many different adjustments and component choices to help make a bike fit properly that it makes a lot of sense to go to a shop willing to work with you. I came from Mt Biking and worked as a bike mechanic for a few years. I worked on road bikes all the time and when I would test ride them none of them ever felt right. It put me off getting one for years. Then when I broke down and got a road bike, our roadie experts took the time to fit me. Everything from frame size (and many companies measure differently) to stem length to bar width to crank length to seat placement was considered. The first time I ever got on my road bike it felt perfect, I was instantly comfortable on it. As far as what to get, I would focus on a good frameset that will perform how you want and last a long time. You can save a little money by going with lower end components but be sure to get something that is upwards compatible so when a part wears out or you want to upgrade you can trade up. On my bike, the most significant performance increasing item I upgraded was my wheelset. A light, stiff, hand built wheel will probably give you the most bang for your buck and don't forget quality tires. Again, your local bike shop will be a good resource, don't be afraid to go in and ask questions. Good luck.

Welcome to the 2013 Tracey Road Equipment Open House.


Asphalt Road Construction

I am involved in a project that is using Cold Mix Asphalt Concrete for the construction of some Arterial Roads. What I really want to know is how effective it can be used for this project and the benefits it has over Hot Mix Asphalt Concrete(HMAC). Do you know what I found? Cold mix asphalt is produced by mixing bitumen emulsion or cutback with cold aggregates, sometimes also with addition of anti-stripping agents. Cold mix asphalt it has been used in the past as temporary patching material or if hot mix asphalt is not available. But there are have been a number of researches for improving quality of cold mix. The benefits they have over hot mix is that they can be used at low temperatures and they can be stockpiles for six months or so after production. There are lot of things about cold mixes: For more information send me email at annam@sun. Ac. Za I'm doing research on cold mixes,

This video describes the use of all types of plastics waste in the construction of ASPHALT ROAD.


Commercial Construction

What is the difference between this and regular commercial construction. I was happy to learn… Light Commercial development would be a single commercial enterprise or a strip mall. Regular commercial development would be a Big Box store or a Mall. The difference from an engineering point would be the need for parking, emergency exits and fire and safety considerations. There is a different concern in getting people to safety from the Great American Mall than the local 7-11. The importance may be the same but the logistics would be different.

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Builders

If someone with knowledge can please let me know if I choose a low grade meaning builders grade vinyl siding and builders grade house wrap, will that material last over 15 years closer to 20 years? I am looking at using builders grade material instead of the thicker grade material. I just want to make sure it will last me atleast min 15 to 20 years. Well, I have your answer. Builder's grade vinyl siding is designed to meet one basic criteria – low cost. Builders want to sell the home at maximum margin and most buyers never consider things like the quality of the components installed including siding, doors, windows, heating and cooling system, roofing, etc. Almost all siding made today is coextruded with the top ply 3 – 6 mil thick and the balance made of less light stable vinyl formulation. A vinyl panel will wear an average of 0. 05 mils / year so even a 3 mil top layer will be intact on average for over 30 years. Builder's grade vinyl is thinner (some as thin as 20 mil vs premium panel at 35 – 40 mil) and more prone to warp, heat distortion (called oil caning in the industry), and if it lacks sufficient impact modifier it will crack in very cold weather. Not only is it thinner, it is more brittle. Proper installation is key regardless of the vinyl quality. Most complaints about poor looking product is from improper installation and the most common fault is improper nailing (either too tight or direct nailing). A single panel length can vary by over 1 inch from the hottest day to the coldest day; vinyl when properly installed, will be able to handle this and still look nicely. Even the builder panel, properly installed will look nicely. The price difference of a vinyl siding job, labor and material, is not that different for builder grade vs a premium grade. Labor is still the major cost. Redoing the job in 15 – 20 years consumes twice the labor, because the old is removed and new is installed over it. (Roofing is pretty much the same way). I would recommend using a better grade panel.

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Construction Management

A construction loan is the type of loan that one gets to finance the construction of a new building or buildings. There are two basic kinds of construction loans: Home construction and commercial construction. New home construction loans are generally acquired by the homeowner to cover the cost of the builder and building materials. Commercial construction loans are acquired to cover the cost of building commercial or industrial structures.
Typically, the borrower needs to provide specific details about the building that is undergoing construction in order to acquire financing for the venture. The lender needs to ascertain the likelihood that the borrower will be able to repay the loan. If the borrower owns the land that the new home is being constructed on, that fact increases his chances of receiving the loan.
Two basic terms are offered for construction loans: Short term or long term. Long-term construction loans offer more ease than in the past and provide such terms as 15 or 30-year fixed, interest only loans, and a variety of adjustable rate mortgages.
The short-term loan is in place only as long as it takes to complete the construction and acquire a certificate of occupancy. The lender provides money in intervals to the builder so that the work can continue to progress. The typical time frame for the short-term or construction part of the loan is 6 or 12 months.
Construction loans are typically set up so that the lender collects only the interest portion of the loan while the home is under construction- the interest only loan. At the time the construction is completed, the loan either becomes due in full to the lender, continues as an interest only loan before being converted to a traditional loan, or it is converted to a fixed or adjustable rate mortgage loan.
If the loan is converted to a mortgage loan, this is known as a construction-to-permanent loan or financing program. The advantage to setting your construction loan up to convert is that you only need to complete one application and you only attend one closing. The disadvantage is that the interest rates on traditional loans can change during the time it takes to construct the home. Construction-to-permanent loans are also known as one-time close loans since you only attend one closing and save on closing costs.
Some construction-to-permanent loans allow you to lock in an interest rate through the construction and up until its completion. However, it is important to have an understanding of current interest rate trends at the time you apply so that you have a clear understanding of the advisability of locking in your interest rate. Plus, due to the possibility of construction delays, you should include an allowance for this in your agreement.

Mighty Machines – At the Construction Site.

Asphalt Road Construction

Why dont we use concrete instead? Concrete has evolved in the use of highways and roadways to be superior in terms of resistance to wear and tear as compared to asphalt. It is "greener" to use. My fear is that we use asphalt to secure construction jobs as it has to be continually maintained, especially in cold weather climates where pot holes are born after constant cold retraction, heat expansion and salt during winter weather. From what I can tell… Concrete is made from Portland cement and gravel. Portland cement is made by reducing limestone- by crushing it, then heating it with natural gas. The reason concrete costs more than asphalt is because it is, actually, very energy intensive to manufacture; must be used when mixed; and is more labor intensive to lay. Asphalt is used because it is smooth and quiet, and cheap. The machines to lay it can deposit, compact, and smooth the asphalt in a continuous operation, greatly reducing road closure time for resurfacing. Concrete gets very rough and noisy after it has been there for a while, especially on highways, as the cement is worn away and the aggregate is exposed. It's vulnerable to cracks and potholes too. As for the 'almighty dollar-' it's tax money used to pay for it. Usually the least expensive material is less harmful, in total, to the environment, having consumed the least resources and labor.

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