Tracking and Assigning Expenses in Primavera P6 is a critical process for financial management in a project’s life cycle. It is very important to forecast, analyze and track the expenses of activities to avoid budget overruns. Primavera P6 provides advanced … Read more
Oracle Primavera P6 Professional Software is one of the most popular project scheduling tools that provide advanced project management solutions to planning engineers, schedulers, project managers, stakeholders, and any others who are associated with a project. Many people think that … Read more
Project management professionals occasionally ask this famous question: Which one is the best project management software tool? Microsoft Project vs Primavera. In order to answer the question, we will make a Primavera P6 and Microsoft Project comparison to point out their … Read more
In a large and complex project schedule, a large number of changes and assignments to activities may take a long time. Oracle Primavera P6 Global Change tool enables to modify some significant features and components of the activities. For example, … Read more
The term resource leveling is widely used in project management to refer to resource optimization and limitation. Resource leveling is considered as one of the basic elements of resource management within the project. According to the PMBOK Guide, resource leveling … Read more
High efficiency is key to success for any project in today’s economic conditions. Planning, allocating, and tracking resources effectively through a software tool is a good practice for resource management in a project. Basically, resource loading, resource leveling, and resource … Read more
Cost loading and resource loading terms are widely used in project planning to refer time distributed value of costs and resources. Project managers need resource and cost loaded work schedules to make realistic assumptions and forecasts for their project’s targets. … Read more
When a work schedule is created and the baseline is assigned, the project team starts to track the project performance in order to report the variances between planned and the actuals. Project managers often analyze the work performance reports to … Read more
There are many tools, techniques, and software tools that exist in the field of project management to improve the planning and monitoring capabilities of project teams. Earned Value Management EVM system is one of the most widely used ones which … Read more
Activities are represented as bars in Gantt Charts and Work Schedules. In some cases, you need to split an activity to model the working and non working periods of it. In other words, activity splitting is a useful way for … Read more
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