Two key features of a project are on-time and on-budget delivery. The project manager can only fulfill these objectives if the estimates leading to the project schedule and budget are accurate.

Project managers are asked to provide effort, duration, and cost estimates as a primary part of our jobs. You know then, that the estimation process is partly an art and partly a science. However, ...

There are numerous coal energy conversion project feasibility studies performed under contract with the U.S. Department of Energy’s National Energy Technology Laboratory (NETL) which include capital ...

In a previous column we discussed work load management as a basic requisite for keeping your company on an even keel through these challenging economic times. The next basic, perhaps the most ...

With nearly two decades of retail management and project management experience, Brett Day can simplify complex traditional and Agile project management philosophies and methodologies and can explain ...

Forbes contributors publish independent expert analyses and insights. We share global insights and research. From a project management perspective, the construction of the Channel Tunnel between ...

Buildxact has introduced a new suite of AI-powered tools designed to help residential builders, remodelers, and contractors manage projects more efficiently and improve profitability. The platform’s ...

The implementation product of this research study will be a contract time estimating tool that provides state transportation agencies the flexibility of estimating contract time across a broad range ...

Researchers from Peru have developed a self-contained, deployable system that can reportedly quantify energy losses from dust accumulation on PV arrays before their implementation. The proposed ...

Other researchers have indicated the theoretical problems of using the PERT techniques commonly described in elementary operational research and operations management texts. Monte Carlo simulation has ...