Posts Tagged ‘PMBOK’
INTRODUCTION TO EPC CONTRACTS Part 5
In the Part 4 we examined types of contracts that are applicable when the scope of work is clearly defined, and risks reduced. I continue our discourse of Introduction to EPC Contracts by discussing contracts that are applicable when the project or scope of work is not clearly defined. We begin with Time and Materials (T&M) Contracts.
Read MorePROJECT STAKEHOLDERS MANAGEMENT: EMERGING CHALLENGES
Our world may never have seen so many conflicts – socio-economic, geo-political and sectarian – at any one time in its history as it does today. These have led to changes in the project environment, with attendant complexity, making the definition, identification and management of project stakeholders a herculean task.For instance, the 5th Edition of…
Read MoreProject Management Cartoon
The first time I came across this cartoon, The Project Management Tree Swing Cartoon, was in mid 2000. It was quite amusing to me then. But, with increasing awareness over the years, I have come to appreciate the challenges the project management team faces in the bid to deliver to the owner or user what…
Read More