Pinnacle Insights

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. 

We are excited to announce our new company newsletter series that will be published throughout the coming year. 

Warrenton, VA – March 16^th, 2021 – Pinnacle Management Systems, Inc., a leader in program and project management consulting and training services, announced today that Gary Harvey will be returning to the organization in the role of Practice Leader for Enterprise Project Management (EPM) and Project Portfolio Management (PPM) services.  

Warrenton, VA – March 8^th, 2021 – Pinnacle Management Systems, Inc., a leader in program and project management consulting and training services, is pleased to announce that they have been awarded a General Services Administration (GSA) Multiple Award Schedule (MAS) contract. 

The College of Performance Management (CPM) Washington, DC (WDC) chapter recently held their monthly virtual event. We began the meeting with networking and then Brian Leach from Steelray Software demonstrated prototypes for two new products.