Monte Carlo Simulation, Schedule Overrun & Construction Schedule Enhancement

These are the articles, blog and LinkedIn posts we’ve read on the web in the past week. Hope you find them useful.

  1. 7 key points to enhance construction project scheduling: What are the key aspects a scheduler should consider when creating a construction project’s schedule that supports project execution strategy? https://www.wrenchsp.com/7-key-points-to-enhance-construction-project-scheduling/

  2. Extreme project schedule overrun: A paper from Broadleaf that unexpected extension of time (EOT) can result from a systemic relationship between recognised risks and firefighting behaviour stimulated by schedule slippage, not from unforeseen or understated risks, nor from a bias toward optimism or overconfidence. https://www.linkedin.com/pulse/extreme-project-schedule-over-run-broadleaf-capital-international/ 

  3. Monte Carlo Analysis in Construction Planning: This LinkedIn post provides an introduction on how to use Monte Carlo simulation to perform a quantitative schedule risk analysis on construction projects.  https://www.linkedin.com/pulse/monte-carlo-analysis-construction-planning-russell-wodiska/

  4. Enhance your Power BI report with images on axis: This blog post outlines steps to follow to use images instead of text on the axis of a Power BI chart or within a slicer. https://data-mozart.com/enhance-your-power-bi-report-with-images-on-axis/

  5. Why You Should Assign Resources on the Schedule:  Are you wondering why you should bother assigning resources to activities/tasks in your project schedule? The guys at TenSix have don a good job explaining why a resource loaded schedule is key to on-time project delivery. https://tensix.com/2021/05/why-you-should-assign-resources-on-the-schedule/

  6. Disputes in the Energy Sector: The energy sector like others is rife with claims and disputes and this blog post from Hewitt Decipher Partnership looks at what the problems are and what can be done to resolve disputes. https://www.hewittdecipher.com/disputes-in-the-energy-sector/

  7. Customising Microsoft Project Resource Usage View: By default, Microsoft Project Resource Usage view does not display Start & Finish dates of each task assignment neither does it display their WBS. In this blog post, the Microsoft Project MVP, Dale Howard, outlines 2 workarounds to solve these shortcomings. https://www.projility.com/extending-the-resource-usage-view/

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Baseline Execution Index (BEI) in Microsoft Project