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Buffer vs Float

A Time Buffer is not the same as Total Float

Who owns the float has been a predominant discussion within project controls for decades. And it still is. However, to correctly address this question, the difference between Total Float and Time Contingency (or a time buffer) needs to be fully understood. We hope this blog post will help in clarifying the differences.

Stijn Van de Vonderby Stijn Van de Vonder

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How good is scheduling in Oracle Prime Projects?

The Primaned team has written quite some blog posts about Oracle Prime Projects over the last couple of months. We did not hide that we thought it might very well be the PM tool of the future. Our enthusiasm is based on the comprehensiveness of the tool and its alignment with our vision on integrated project controls. It is so much more than a scheduling engine. When introducing the tool to clients and prospects, the reception is very good and our enthusiasm seems to be shared. However, mainly because of the nature of our client base, there is one thing they all want to know and ask us time and again.

How good is its scheduling compared to my good old Primavera P6?

Stijn Van de Vonderby Stijn Van de Vonder

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Earned Schedule – The appropriate upgrade of your EVMS

Now we’ve learned the basics of Earned Value Management calculations (see this blog), it’s time to introduce a new metric to define our project’s health. As you’ve noticed all previous metrics and parameters were either percental (CPI, SPI, TCPI) or monetary/unitary (CV, SV). But what does a schedule variance of € 10.000 tell us? First, a delay expressed in monetary units is somewhat strange. Second, we will show later in this blog post that this metric is subject to a major fallacy. It is to be replaced with a more comprehensive one. Time for a change.

Niels Ligtvoetby Niels Ligtvoet

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Time forecasting techniques with Earned Schedule

You are halfway through your project and you want to know if you are still going to achieve your project objectives. By using an Earned Value Management System, you know how to estimate your total expected costs (Estimate at Completion), but what about your deadline? Based on your current information, can you say something about the expected finish date of your project? This blog gives you an overview of how to use Earned Schedule to predict your project finish date.

Niels Ligtvoetby Niels Ligtvoet

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What is Takt time?

Are you interested in reducing waste as a result of better planning? How about creating a continuous work flow which helps you meet your project’s deadline and reduces your waste? It is neither rocket science nor magic, achieving these goals is simpler than you think. In fact, whenever I explain to managers about takt time planning, I always feel their confusion, as if they are still waiting to hear something new that ‘’they do not know’’. Hence, the concept is really familiar to us, however many lack a systematic approach to implement it.

Abdallah Baydounby Abdallah Baydoun

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Keep your scheduling Lean with Oracle Prime

Introduction
Critical Path Method (CPM) schedules have been ruling the world of projects for a long time. Considering the benefits of CPM, that is quite understandable, isn’t it?

They provide the bigger picture of the project and allow for scenario and what-if-analyses, risk analyses, delay analyses and critical path analyses. They are useful for assessing the resource needs, they provide the team with due dates for ordering long lead items and they allow to include contingencies for risks.

Gert Truyensby Gert Truyens

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