When managing a contract it is important to know what is an Extension of Time Claim? In Project Management, having the right to claim an Extension of Time (EOT) can become key to the future of the project. The EoT Claim will help to successfully complete your project. In this post, you will learn what […]
What is a Gantt Chart and what is it for? These are two questions that any professional of the Planning and Project Controls industry has asked at some point. Before getting into flour, we want to highlight that we are facing one of the tools within project planning that have had the most since its […]
Greetings Gantt´s children, we welcome you to a new video of the Project Scheduling Glossary. Today we are going to answer this question: what is a WBS (Work Breakdown Structure)? Let´s start. Are you ready? What is a WBS (Work Breakdown Structure)? Imagine that you are the coach of a soccer team and you have […]
When preparing a schedule of activities for a project, a key point to consider is to reflect what will be the start and finish date. These are two milestones that cannot be missed in any schedule. But there are other milestones that are very important because they are milestones agreed with our client. These are […]
Projects are alive, that is why they are born, grow and die. In Project Management, within the birth phase, we include the Project Baseline. Understanding what Baseline represents and what characteristics it has is key for a good Project Manager to control the project life cycle. As always, we like to recommend the PMBOK Guide Sixth […]
Imagine that your project schedule has thousands of activities and you do not yet know how to start managing it. The Critical Path Method (CPM) will help you control and manage your project properly. But first, find out a little more about this method so used in Planning and Project Controls. What is the Critical […]
In this post, we will show you the difference between Resource Leveling and Resource Smoothing in Project Management. They are the two most important Resource Optimization Techniques used in scheduling after resource allocation. We will see how resource constraints may impact the project deadline. As we already know, when developing a new schedule for our […]
Every day we have to deal with a multitude of projects of a very different caliber. The achievement of these projects can be seriously affected by different reasons. The lack of forecast, unrealistic planning, lack of resources, poor risk management and/or ignorance of schedule compression techniques can create a real headache. In this post, you will find […]