In a blog of 1.5 years ago, we proudly wrote that the latest version of the Project Scheduling Game (PSG) moved from Ghent to Antwerp to London and finally to Paris! Today, only 1.5 years later, we have played the game in various other countries in Europe, but also - for the very first time - in South America!
The Earned Schedule technique, initially proposed in 2003 by colleague and friend Walt Lipke has changed the Project Management and Control landscape, leading to numerous publications in professional magazines and academic topflag journals (for an overview, look here) as well as in implementations in software tools such as ProTrack.
On Wednesday, November 30, 2013, 280 students had to solve the Mutum Paraná II bridge case study (part B) as part of the course “Project Management” at the faculty of Economics and Business Administration of Ghent University. The aim was to analyse project data and to present the results to the project team of the company in a written report. Below you find some key metrics of their analyses:
Using Simulation in Integrated Project Management and Control
Integrated Project Management and Control (IPM&C), otherwise known as Dynamic Scheduling refers to the integration of baseline scheduling, risk analysis and project control and aims at providing better management control tools to keep projects on track. It focuses on time and cost management of projects in progress and relies on Earned Value Management tools to measure the performance.