Blogs

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Happy father’s day to all hardworking Dad!  From us here at PM Solution Pro. Cheers! #pmspnewslette
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Happy to announce that COREL Business Tools are now available through PM Solution Pro . This is a welcome development in growing our business so it last a long time. As a registered Corel affiliate, PMSP is proud to highlight the usefulness, effectiveness, and creative nature of Corel products in leading the way to organization’s global success and greater productivity. #pmspnewsletter   #pmspblog We carry and strongly recommend Corel creative business/project presentation and marketing tools for their affordability, applicability, portability, awesome operating features, excellent performance, maintenance support, and ease of use. PM Solution ...
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Watch and Learn the Power of Deltek Acumen Suite of Applications. Click on the picture or follow the links below. https://t.co/5XvWfyxgzg #pmspfreecourse #pmspnewsletter #pmspblog Deltek Acumen: Fuse, Risk, and 360 Join Rufran C. Frago, CEO and Founder of PM Solution Pro, a Deltek Partner, as he walks you through the easiest way to improve project schedule quality using Acumen Fuse, Risk, and 360. This is a short ten minutes introductory video on-demand webinar. Be prepared to be amazed seeing the amazing power of Acumen! This video presentation is a preview of the courses that will subsequently be offered by PM Solution Pro Continuing ...
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Survey result to date suggested that PM Solution Pro should use Video Course Introduction C (shown below). This choice ranked way ahead of the others that we decided to publish this in advance. Thank you to all those who participated in the survey. Video Course Intro Option C
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Intro-Video clip Survey

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Hi, Would like to get your valuable input if you've a couple of minutes to spare. You see, we have created six video introductions labeled A to F for our first three upcoming video-on-demand project/business risk management learning courses presently being developed. Which one do you think we should use as a standard intro clip  A, B, C, D, E, or F? Click link below to go to this short survey.  Survey ends on May 10, 12am.  Training Intro-Video clip Survey Thank you so much. Rufran C. Frago Founder and CEO-PM Solution
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3rd FREE WHITE PAPER From PM Solution Pro ( https://lnkd.in/gWypSXn ) Good Schedule Integration, an Important Requisite to Success Here is the 3rd of the three Free White Papers from PM Solution Pro. #pmspnewsletter #pmspblog #pmspfreebie This one will help you appreciate the importance of schedule integration through the project's phases. Understanding that proper integration is one of schedule's best quality attributes and implementing the concept will surely lead to better project results. If you can share your own professional experience about plan and schedule integration, that would be awesome! Click and follow the hyperlink below ...
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2nd FREE WHITE PAPER From PM Solution Pro ( https://lnkd.in/gWypSXn ) The top three fundamental schedule qualities ideally required are 1) integrated, 2) complete, and 3) aligned. #pmspnewsletter #pmspblog #pmspfreebie Approved quality benchmarks are minimum schedule qualities that, if properly satisfied, effectively support a reliable schedule quantitative risk assessment. Therefore, achieving the minimum schedule quality, in effect, addresses and should successfully mitigate high inherent schedule risks. Sticking to approved schedule quality standards prevents and reduces risks. It helps achieve project objectives. To get your PM Solution ...
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Follow the link below for the full article and video. Three Project/Business Management Books to Keep You Grounded
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1st FREE White Paper from PM Solution Pro (https://www.pmsolutionpro.com) CLICK HERE TO GET FREE WHITE PAPER “Remember this! Plan to Schedule, Schedule to Plan” underlines the misconception plaguing all fields of management. It briefly explains that a clear line of sight must always exist between risk-based planning and risk-based scheduling. It proves that the two, although distinct, are mutually interdependent processes.The big word of advice to all practitioners: Don’t try to separate the two
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I was rubbing shoulders last night with some of the best in APEGA (Association of Professional Engineers and Geoscientists of Albera) at Fairmont Palliser Hotel here in Calgary. It was an event to recognize and honor member’s active contributions through volunteerism, mentorship, and fellowship. The event was also held to acknowledge and award life memberships to our more senior, and well-experienced colleagues in the profession. It was a pleasant surprise to learn that many of them were also AACE members with designations. The common denominator never failed to cheer us. APEGA like AACE represents what I’ve always espoused, i.e. “for all to believe that success ...
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PM Solution Pro is happy to announce that we have joined forces with Deltek in establishing a referral partnership. With this partnership we will increase and enhance the value to which we provide clients using the Deltek Acumen Fuse, Risk and 360. This business alliance combines the Deltek Acumen software suite with PM solution Pro’s consulting, technical and learning support. Incorporating Deltek solutions into PM Solution Pro services, training, and product portfolios is an important part of our strategic plan to accelerate business growth while delivering high-quality services and training. We believe that our client’s success is our success – and partnering ...
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I just finished reading one of technical articles in the Cost Engineering Journal  (Jan / Feb 2018 edition). The article is titled “How to Successfully Use Earned Value on Projects” by Joseph Lukas, PE, CCP. While the article had tons of useful tips and laid down the general sound principles for EVM. One offshoot paragraph that discussed schedule and budget contingency management left me a bit unsettled. The paragraph reads as follows: “ The reason for having a schedule contingency is to buffer changes to the project completion date.Each time a schedule is updated, the completion date can change based on the actual progress of tasks . However, clients ...
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The 2018 AACE International Conference & Expo video is here! We’re here to let you know that this is the new conference name for the “annual meeting” and why you should want to attend the premiere event of AACE! With this video, we wanted to truly capture how the AACE International Conference & Expo can capture your interest, give you a platform to learn, provide you networking opportunities, introduce you to exhibiting firms to help provide you solutions to your work, and more! Download the video here or watch it now: Are you ready to use this video on your presentation to your boss, to your colleagues, your clients, or more? Share it ...
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Integrated ERP Systems that companies use to capture spent hours and cost, beginning from time sheets all the way to employee payroll and project invoicing are great. And they provide fantastic visibility into how an organization is performing  on a certain project. However, once you have a joint venture with multiple partners forming a special purpose vehicle to undertake a project,getting that data visibility across all partners, to obtain project wide performance visibility; things get complicated. Some of the challenges that I have either experienced or could think of are: - Each partner of a joint venture use their own ERP System (i.e. Oracle, ...
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Managing Black Swans?

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The phrase “science in managing black swans” can be contentious, as there is none yet. I guess it is a statement anticipating a future where the science to successfully predict these events becomes available. The core of any black swan discussion these days is finding a way to identify it by using big data, so that risk managers can manage the risk the moment black swans become known. The intention is practically removing the black swan status.There is great potential for successfully foretelling black swan events through science. We are not there yet, but it is bound to happen. If those unknown events suddenly become visible, known, and predictable ...
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I can almost imagine risk as a hollow trapezoidal solid floating in space while hundreds in attendance (with varying coordinates in space) observe and try to describe it. Each spectator has a different perspective right from the get-go. Unless each one manages to see the other’s perspective, an agreement becomes impossible. For risk-based management to work properly in an organization, management has to be willing to listen. Messengers who bring unwanted but factual news must be appreciated, not placed on a chopping block. The question often thrown on the table is to whom should management listen? How can management be sure they are getting the ...
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The journey of learning risk and how to manage it is most rewarding to the curious thinker. Curiosity generates interest. Interest produces efforts that result in good education. The 2009 PMI Global Practice Standard for Project Risk Management, Chapter 2, Section 2.2 (page 9) defines risk as an uncertain future event or condition that could have a positive or negative effect on objectives if it occurs. In a project environment, the definition goes like this: project risk is an uncertain future event or condition that, if it occurs, could have a positive or negative effect on project objectives. The same line of thinking will be true when one talks about ...
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Definition of estimate

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What is an estimate? A prediction or forecast of the resources (i.e., time, cost, materials, etc) required to achieve or obtain an agreed upon scope (i.e., for an investment, activity, project, etc.) Is that a good definition? Readers, please give your opinion.
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​ One of our own, Mark Nagata, of Trauner Consulting Services Inc. wrote a wonderful and concise Viewpoint featured in the October 23, 2017 ENR. It is a public counter-point to a new ASCE guideline granting time extensions for non-critical delays that occur after required project completion date.  Schedulers of all ilks should find out more on this subject and Mark is one of the best from whom to learn.  Recommended read!
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Depletion of rivers

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California was created 80 years ago via federal and state mandates resulting in an enhanced water supply system for a population of 20 Million citizens in the state.  Today, the state has 40 million citizens.   More information is being generat
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