Part of the following is from our book on Leading Megaprojects, A Tailored Approach. It is about the illusion of risk transfer that project owners might experience as a result of fixed-price contracting. We will first address the culture of fixed-price contracting, and next, we will discuss the illusion of risk transfer.
What does it take to have a co-founder spirit? Let me start with a personal story first. In the story, which is personal, I will give you an implicit answer; i.e., read between the lines. Then I will be more explicit. Early Childhood The Civil War I grew up in a small village in Lebanon....
In the past, we wrote a series of posts and recorded videos on project scheduling, including rolling wave planning. Further, in our main book on CAMMP, Project Management beyond Waterfall and Agile, we also addressed planning in general. In the book, we stressed the need to think, act, and manage at the project level and...
When we discuss the Uruk PPMPlatform, we often say that Uruk PPM is not a software tool, it is a solution. What does that mean? What are the differences between a tool and a solution? We will answer these questions in the context of project portfolio management. Also, how do these concepts relate to the...
I am writing this article based on observations and monitoring of the Corona Virus (COVID-19) Pandemic and how the global response or lack of. I have also monitored, from a distance, how the response varies from one country to another. For example, I see my home country, Lebanon, a country weakened by decades of corruption...
Let me start with a few notes and clarifications. We define megaprojects as massive projects with capital costs around US$1 billion and a high level of complexity. Industrial megaprojects seem to perform better than infrastructure megaprojects. However, at best, what we have seen reported is a 35% success rate on the high end and as...
What we want is to help organizations maximize shareholders’ value. We can do so by enabling them to deliver their products and complete their projects faster, cheaper, better. The catalyst is the Uruk PPM Platform. Therefore, in this special message, we want to OFFER YOU the opportunity to be part of the Uruk PPM Platform,...
Many of the topics in the image are the most popular on this blog site. We will update these various articles and put them in a project management book, so if you have other topics you would like us to address, let us know. In addition to these topics, a few colleagues and I will...
Is the CAMMP Model a modified version of the PMBOK Guide or ISO 21500? We all know that the PMBOK Guide and ISO 21500, at least the versions that are currently active, focus on processes, process groups, and functions. Functions is the SUKAD Way term. It is equivalent to Knowledge Areas per the PMBOK Guide...
In this special message, I am reaching out to our network and all of you who have been following the blog site. As you know, we have been sharing project management knowledge through this site for about seven years and many of you are familiar with our work. However, you might not know that many...
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