In this podcast, Ricardo talks about how appropriate the amounts allocated to the project management activities in the project. He explains that there is no an international standard to define the values, but there are good practices. Ricardo also explains that the percentage for the costs of project management is variable in relation to the total project cost, will be less on projects that cost more and more expensive in lower-cost projects.
- Where should I register the assumptions and restrictions?
- March 26th, 2014
In this podcast, Ricardo explains that, unlike what many people think, the assumptions and restrictions (or constraints) often need to be registered not only in one but in several documents throughout the progression of the project planning.
- Lines of Balance - Part 2 of 2
- January 12th, 2014
In this second part of the podcast about Lines of Balance, Ricardo talks more about how this concept can be used in the project's planning and control phases. This time, Ricardo gives an example about the application of lines of balance in an (...)
- Lines of Balance - Part 1 of 2
- January 6th, 2014
In this podcast, Ricardo begins to explain what Line of Balance are and how can they be used. He gives an example of how to plan repetitive tasks in order to achieve optimal resources allocation and also know how the project's speed and progress (...)
- 3 Success Factors in the Procurement Process
- June 10th, 2013
In this podcast, Ricardo talks about the dangers of underestimate the complexity of the procurement management. He gives three tips on how we can increase the chance of success in our projects. They are: 1 - Seek knowledge about what will be (...)
- Handling Similar Projects
- March 25th, 2013
In this podcast, Ricardo talks about how to manage similar projects with many features in common. He suggests the creation of information components and templates, like Lego bricks, which together will speed up the process of producing, for instance, (...)
- Understanding the Difference Between Cost and Price
- January 14th, 2013
In this podcast, Ricardo talks about the difference between cost and price. Many people are confused and Ricardo explains what's behind each one, differentiating them.
- Make or Buy Decision
- April 17th, 2012
In this podcast, Ricardo talks about the choice of producing a work or service internally or purchase thru a supplier. He shows five items that are important when making the decision and also explains that there are other important criteria for (...)
- 4 Mechanisms for Forecast the Project Schedule and Cost
- February 6th, 2012
In this podcast, Ricardo talks about the methods of forecasting project schedule and cost. He comments that there are four methods of predicting future project performance: time series methods, causal/econometrics methods, judgmental methods and (...)
- Identifying the Project Vital Signs
- June 20th, 2011
In this podcast, Ricardo makes a comparison between monitoring of the project and monitoring of a patient in an Intensive Care at the hospital. He explains that the Project Manager should monitor since the beginning, the project vital signs and based (...)
- The Cost of Project Management
- August 2nd, 2010
In this podcast, Ricardo explains where the costs related to project management should be registered. He points that, according to surveys, the costs of project management range from 0.5% to 2% of the project total costs, and that, even though many (...)
- Use of CPI and TCPI in the Earned Value Management (EVMS)
- September 7th, 2009
In this podcast Ricardo discuss the importance of TCPI (To Complete Performance Index) to evaluate the possibility of cost recovery in the project. The TCPI is the complement of CPI (Cost Performance Index) and allows the evaluation of the future (...)
- Importance of the Work Breakdown Structure (WBS) to the Project Cost Management
- August 17th, 2009
In this podcast Ricardo discuss the relevance of the Work Breakdown Structure (WBS) to the Project Cost Management, specifically during the budget estimating. The podcast also discuss the influence of the WBS quality to the budget quality and the (...)
- The Cost of Quality
- June 22nd, 2009
In this podcast Ricardo Vargas talks about the concept of quality vs. the costs included to deliver the quality. He shows that the costs related to the creation of attributes that aren't perceived by the client are a direct waste of capital. On the (...)
- Lessons Learned
- February 23rd, 2009
In this podcast Ricardo explains what are lessons learned and the benefits that we can reap by documenting all relevant project information. He also shows how to document the lessons learned and the resources that can be used in the documentation. (...)
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