Lets first understand what is QRA and Monte Carlo? Quantitative Risk Analysis (QRA) is a forecasting technique used to predict project cost and/or schedule outcomes, and […]
Brief author profile Dione Laratta (MBA, PMP) has 16 years of experience in the energy industry with the last 8 years focused on project management. She […]
In a series of blogs I will be looking into the issues and the challenges faced by project management professionals regarding project control. Project control, although […]
As discussed in the earlier blog there are two main functions that are considered as project control. These are scheduling and cost control. In my book […]