FUTURE OF TRAINING – AUGMENTED REALITY???

Remember Pokémon Go?

It’s hard not to…While most remember it as the highly addictive, location based game that took the entire world by storm, and had its fair share of ups and downs, there is something else it brought to notice.

It brought people’s attention to this marvellous phenomenon that is augmented reality. For most people, this was the first real contact with augmented reality technology, and the immersive nature of the game certainly intensified their game experience. Continue reading “FUTURE OF TRAINING – AUGMENTED REALITY???”

RISK IN PROJECT MANAGEMENT

  • What is Risk Management?

Project risk management is the process of identifying, analyzing and then responding to any risk that arises over the life cycle of a project to help the project remain on track and meet its goal. Managing risk isn’t reactive only, it should be part of the planning process to figure out risk that might happen in the project and how to control that risk if it in fact occurs.

A risk is anything that could potentially impact your project’s timeline, performance or budget. Risks are potentialities, and in a project management context, if they become realities, they then become classified as “issues” that must be addressed. So risk management, then, is the process of identifying, categorizing, prioritizing and planning for risks before they become issues. Continue reading “RISK IN PROJECT MANAGEMENT”

WHAT IS A PROJECT BASELINE ?

Even new or accidental project managers know that nothing ever goes according to plan. Any deviation from the project schedule or scope, whether it’s for the better or for the worse, throws off estimates and affects resource usage across other projects. That’s why you need a project baseline.

Not only do project baselines help keep the project on track, but they also play a key role in improving the outcome of the future projects by using the historical data.

But let’s take a step back and examine baselining from the ground up. Continue reading “WHAT IS A PROJECT BASELINE ?”

PROCUREMENT MANAGEMENT IN CONSTRUCTION PROJECTS

The procurement process is the method used to purchase goods or services. The process must be carefully managed to ensure good value is obtained, the correct goods or services are purchased, a high level of quality is received, timescales are met and good relationships are maintained between the procurer and the supplier. Establishing a procurement strategy at the outset is key to a successful outcome.

The strategy is likely to focus on issues such as:

  • Speed.
  • Cost.
  • Quality.
  • Specific project constraints.
  • Risk.
  • Asset ownership.
  • Financing.
  • Programme.

Continue reading “PROCUREMENT MANAGEMENT IN CONSTRUCTION PROJECTS”