Pinnacle Insights

Pinnacle Senior Consultant Michael Bensussen recently authored a three-part project management blog series. Due to the overwhelming success of the articles, I asked Michael to join me to dig deeper into the topics of time and money, schedule pressure and safety performance, and chaos and complexity.

I attended the May 25th Deltek Clarity webinar, Trends in Project and Risk Management, and as usual the content from the 12^th annual government study was compelling. Dan Firrincili, Sr. Manager, Product Marketing, and Kathy Boatwright, Sr. Director, Product Management, presented the findings for this section of the study.

This is the third and final article in a three-part series. 

Previously, in part 1 and part 2 of this series, I discussed how schedule pressure and various schedule compression techniques may manifest themselves unpredictably and with adverse effects on the project. 

This blog article was previously posted on Tuesday, May 1st, 2018 and has been updated to provide readers the most up-to-date information.  

The Project Manager’s role is not an easy one. With so many moving parts and multiple people invested in project success, it is critical that Project Managers stay one step ahead of the game.  

This is the second article in a three-part series. 

As I discussed in part 1, the resource-loaded schedule represents a Project Manager’s most valuable tool for understanding and controlling the time and money requirements on any given project. 

There is a lot of research that identifies how poorly projects are managed. I’ve read that $99M is wasted for every $1B invested in project management.

One-third of all projects don’t meet their initial goal. So, what are some of the reasons for project failure?

In this article, I talk about five of the reasons that projects fail.

This is the first of a three-part series. 

We have all been told that time equals money. Even, time is money. But what does any of that truly mean? Time and money separately are highly debatable subjects. The combination of the two can certainly be a conundrum. However, it is my belief that in construction, A&D, or any industry really, this may as well be a law of the universe. Consider this, he or she who controls the schedule of the project, controls the cost of the project. Thus, the schedule is one of the most important documents your project(s) may ever possess. 

This article has been updated as of March 18, 2024 to provide more additional information.

The Department of Defense’s Integrated Program Management Data Analysis Report (IPMDAR) Data Item Description (DID) finalized in April of 2020 is a major change in DOD EVMS reporting. This replaces the earlier IPMR and CPR reporting requirements.