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 other side, the costs related to the production of real value that is perceived by the client are considered an investment in the project quality.
- Cost Estimating – Part 3 of 3
- March 8th, 2015
On this last episode of the series on cost estimation, Ricardo talks about the proportionality factor, parametric modelling and neural networks.
- Cost Estimating – Part 2 of 3
- March 2nd, 2015
In this episode, Ricardo continues to talk about cost estimates, explaining how to use the capacity factor to calculate costs when there is economy of scale.
- Cost Estimating – Part 1 of 3
- February 23rd, 2015
In this episode, the first in a series of three podcasts on costing, Ricardo talks about the types of analysis that we can do during the project cost estimation.
- 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 (...)
- 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 (...)
- The cost of Project Management and the PMO
- June 28th, 2011
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 (...)
- 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 (...)
- Automotive recall from the perspective of Project Management
- March 8th, 2010
In this podcast, Ricardo talks about the problems of recall in the automotive industry which occurred in February and how project management can help in situations like this. He explains that there is an increasing pressure on time and lower costs, (...)
- Standards and ISO21500: Why Standards are Important for the Project Results Part 2/2
- October 26th, 2009
In this second podcast about standards and ISO, Ricardo provides updated information about the ISO TC236 (Technical Commitee 236) that is developing the ISO 21500, which is fully dedicated to project management.
- Standards and ISO21500: Why Standards are Important for the Project Results Part 1/2
- October 19th, 2009
In this podcast Ricardo presents and highlights the importance of the standards which aims to facilitate the project communication process. It is the first of a two podcasts series about the subject where, besides talking about standards, Ricardo (...)
- 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 (...)
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