Project Management Knowledge Base

Go Back   Project Management Knowledge Base > Project Management Knowledge Base > Project Management

Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 01-17-2006, 05:04 AM
Forum Newbie
 
Join Date: Jan 2006
Location: I am from India, now working in Dubai (UAE)
Posts: 14
Send a message via MSN to mulikrahul Send a message via Yahoo to mulikrahul
Default Project Progress Monitoring

Hi All,

There are more than 1 ways of Progress Monitoring, depending upon Project Nature and Contract Framework. e.g.

1. Based on Original Durations Assigned to Individual Activities,
2. Based on Cost of the Work Executed,
3. Based on the WORK EFFORT deployed,
4. Based on Quantity of Work Completed.



1st one dosent give logical presentation as it wont match with your Commercial Department's Reports,
e.g. Substructure needs lesser durations and more cost, while Finishes takes more duration but lesser cost.


2nd one dosent give correct presentation, as 100% correct Cost Districution against each & Every activity can not be expected.
e.g. We can break the cost up to certain WBS level, sometimes it becomes next to impossible. Like in In Jetty Construction - we can assign cast to WBS LVL upto Onshore Excavation, but beyond that to detailed activities like Loading Barge, Unloading, Tugging, Excavator Utilsed, Trailor Maneuvering etc it is not possible to give 100% correct presentation.
It needs prolonged series of workshops with Estimation Department. and in most of the projects TIME WOULD NE THE ESSESNCE.

3rd one can be considered to be close to Reality,
Because, The Cost to be incurred by specific activity (almost in all cases) will be proportional to the WORK EFFORT required by that activity. It is very easy for a Planner to reach up to Correct Manpower allocation for each & every activity.


4th one dosent give correct presentation because, this needs conversion of quantities of all items and packages in common quantity domain.
Because, there wont be common consensus on that Resourse which is to be considered as COMMON ONE.



Now I will be grateful to know your expert views on the same.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiNetscape this post!Stumble this Post!
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Project Progress cdevera Project Management 10 08-05-2012 04:14 PM
Executive Project Management Tools mattbowen Project Management 10 08-24-2006 05:02 AM
DecisionCharts for Microsoft Project JohnGaray Microsoft 0 10-03-2005 09:18 PM


All times are GMT -5. The time now is 06:38 AM.


Powered by: vBulletin - Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO ©2009, Crawlability, Inc.
Copyright (c) 2005 Measuring Up. All rights reserved.