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Project Knowledge Sharing - Time


Time  -  2016-06-25

Time is essence of any project . The client after placement of the order is after the contractor and PMC for completion of the work .

The best way based on the experience is :

1) Draw a contractual schedule

2) Convert it to "Have To do " schedule i.e. 80% of the contractual schedule . Plan all resources, monitoring etc based on this .

3) It would give you a float which can be used for uncertaintities .

Apply it .

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Time  -  2016-06-25

In projects fixing the time for completion of any job is an art . Generally project engineers take a mathematical time to do the work .Suppose in order to dig x qunatity of of pit T time is  taken .He  does not consider time for the uncertaintities , constraints etc .

In India one month is used by holidays ,wherein labor is not available .So better the time for an activity which is labor intensive should be 30% more than mathematical calculations .i.e. 1.3 T.

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Time  -  2016-04-12

 

The success of the project depends on its completion in time and deciding the project schedule is an art. Based on the experience 30% of the schedule to be added for uncertainties and ambiguities.

  

 

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Time  -  2016-04-12

1) Time is the essence of life . Don\'t waste it . After 60 years, one realizes that how much time was wasted by him . Thus catch the time .

2) Time is precious than money . Money can be regained but one cannot recover the time, which was lost.

3) Follow the concept naming TWT i.e. Today work Today.

4) Make a schedule, having a milestone before the start of the work.

5) One should have proper \"Monitoring , Control and Reporting system\"

6) Estimating time of any activity is an art .One needs to factor for uncertaintities ,vendor/contractor deficiencies ,state holidays when laborers are  not avaiable .Based on the expereince ,it is 30% than the...........

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