The aim of effective project management is to bring the project to completion on time and on schedule. Estimating project duration is a key function of scheduling. Individual activities make up the ...

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, ...

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 ...

The purpose of the estimate is two-fold. First, it allows the contractor to enter into a contractual agreement with confidence. Second, it provides an organized, detailed plan to execute the project ...

A well-researched and planned cost estimation and budget is necessary for the successful completion of any project. Project managers need to thoroughly scope the project in order to secure sufficient ...

Unlock the full InfoQ experience by logging in! Stay updated with your favorite authors and topics, engage with content, and download exclusive resources. Kenneth Harris, a NASA veteran who worked on ...

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 ...

This latest release of Corecon’s web-based estimating and project management software offers users several new tools to help manage construction projects. Corecon V7 web-based estimating and project ...

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 ...

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 ...