Schedule Risk Analysis, Record Keeping and Liquidated Damages

These are the articles, blog and LinkedIn posts from my drive round the web this past week. Hope you find them useful. First, here is a video on how Microsoft Teams can used as the digital hub for a construction project.

1. 7 lessons learned about cost and schedule risk analysis: A good read that outlines how to achieve realistic results from cost and schedule risk analysis.

2. Modeling uncertainties in weather:  Depending on where in the world you work, weather plays a big role in construction and this blog post recommends ways to model weather uncertainties in schedules.

3. Using risk management to prevent uncomfortable project situations: This blog post talks about how a risk-adjusted construction forecast can identify not only what a project’s risk exposure is, but why it’s exposed.

4. Records - programmes and progress reports: This article discusses the importance of record keeping when it comes to extension of time (EOT) claims, from records of schedule updates to progress reports.

5. 6 reasons why professional networking is important: This blog post explains the benefits of networking and how it can boost your career.

6. Project and Resources in different Time zones with Project for the Web: This blog post shows how resources from different time zones are assigned to tasks in Microsoft Project for the Web.

7. Importing xlsx labor resource assignment project data into primavera p6: This tutorial provides a step by step guide on how to import resource assignment into a Primavera P6 schedule

8. Pie-charts – good, bad, or ugly?: Like marmite, you either love or hate pie-charts and blog post explains when to use and not to use them.

9. Understanding liquidated damages in construction: This blog post discusses liquidated damages (LDs) and explains how they are calculated, their advantages and how to reduce their impact.

10. 7 ways construction can leverage the power of big data: Today’s real-time collaborative technologies are mining large data repositories to get game-changing benefits from keeping all project decision makers on the same page.

11. 7 essential Power BI tips: With most users being new to business intelligence and data visualistion tools, it's important to focus on the key ways to get Power BI working for you.

12. Predicting the future during the unpredictable: Read about why and how forecasting is more important than ever to turn data into “information” that drives analytical decisions and responses

13. Proliferation of project management certifications: Lee Lambert, the founder of PMP, asked a question on LinkedIn about the different certifications now been sold to project management professionals and this has generated lots of comments. If you are thinking of becoming certified, you might want to read what others have to say.