Tag Archives: Data Evaluation

Risk-based Management: Data Maturity, Integration, Risk and Execution

The overall execution plan loses substance when important pieces are missing. It can also lose its essence when many smaller project elements are absent, through their cumulative effect.

Data maturity is a project attribute project managers have to deal with in some intelligent way. They seek to formulate a way to address missing and incomplete information and to strike a balance somehow. It is very risky trying to integrate a project with missing or incomplete work scope. Filling in an information space with assumed fill-in data is a risky trade-off.

Quality is frequently a victim of time. Think about it. Try doing anything quicker than normal. What will happen to the quality of any endeavor compared to one given enough time? Right you are! We will see resources skipping steps, doing shortcuts, circumventing rules, violating regulations, lying, cheating, sugarcoating, and many others. The adverse consequences, to name a few includes reworks, higher safety incidents, project suspension, strikes, disputes, litigation, lay-offs, and bunches of other bad news. All these will potentially happen because quality has deteriorated. Continue reading

Posted in Analysis, Business, Construction Management, Data Assessment, Data Maturity, Economics, Execution Strategy, Information Maturity, Integration, Planning and Scheduling, Project Management, Quality Management, Risk-based Management, rufran frago, Rufran's Blogs, Threats | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Risk-based Management: Data Maturity, Quality and Integration

Chapter 9-Project Integration of my recently published book Risk-management in the World of Threats and Opportunities: A Project Controls Perspective discusses the challenges that many Project Managers are facing. One item that throws many to fits is project integration. It is a project requirement with varying level of complexities. Some have successfully toe the line but many just fail.

Integration happens throughout the project lifecycle using continuous collaboration. It becomes a big challenge to project professionals who do not have enough experience but especially true to managers handling large projects with multiple areas or multiple project portfolios.

Most concerning is when Project Leaders and Managers exhibit the symptoms. Clueless, it tags along with them like their favorite pet every time. They amazingly could not put their fingers on it or perhaps, intentionally refusing to accept. The sad part of the story are the consequences their decisions will make, omissions they will soon regret. Continue reading

Posted in Data Assessment, Data Maturity, Information Maturity, Integration, Planning and Scheduling, Project Management, Quality Management, Risk-based Management | Tagged , , , , , , , , , , , , , , | 1 Comment

Fundamentals of a Good Analysis and the Villain Called Perception

Some five to ten years ago, a Project Controls colleague asked an interesting question. It is about the analysis/reports that our PC Group completes periodically. Some of the reports are “as required” but most times on a fixed cycle; e.g. … Continue reading

Aside | Posted on by | Tagged , , , , , , , , , , , , , , , , , , , , , , | 2 Comments