07/05/2023 Ziad Al-basir Budget, Cost Control, Main Pages

Project Cost Estimate and Project Budget Estimate Explained

Cost Estimate & Budget Estimate: Your Project’s Financial Compass Cost Estimate & Budget Estimate: Your Project’s Financial Compass Cost estimate and budget estimate are critical aspects of project management that help organizations to plan, control, and monitor project expenses. In this eBook we explain the differences and the processes involved to generate both in the project life cycle. 💰 Understanding the Core Concepts While often used interchangeably, cost estimates and budget estimates serve distinct purposes in project financial management. 🔍Cost […]

01/05/2023 Ziad Al-basir Cost Control, EPMO, EPPM, Main Pages, Primavera P6

Protected: Project Portfolio Management Using Primavera P6 Professional and EPPM Training 01 May 2023

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27/03/2023 Ziad Al-basir Cost Control, Forecast, Leadership, Main Pages, Planning & Control, Project Cost Controls, Project Portfolio Management Office, Strategic Planning

“How Big Things Get Done” Book Review – Part 2, The Success

Lessons from Success: How Big Things Get Done – ZALBASIREPPM Lessons from Success: How Big Things Get Done Unveiling the patterns of successful mega-projects and the power of focused execution. The Paradox of Success: Learning from Failure First The road to success is often paved with lessons learned from failure. True success, which consistently creates value and benefits, is a rare achievement, as highlighted in the initial part of this review. That’s precisely why the first segment of the book […]

19/03/2023 Ziad Al-basir Business Transformation, Forecast, Leadership, Main Pages, Planning & Control, PMO, Portfolio Management, Project Portfolio Management Office

Book Review: How Big Things Get Done – Learning from History and Data – Part1

Book Review: How Big Things Get Done – Learning from History and Data – ZALBASIREPPM Book Review: How Big Things Get Done – Learning from History and Data Understanding the past to pave the way for future project success. The Power of Historical Data in Project Success Understanding history is crucial for achieving success in the future, particularly when accompanied by comprehensive data analysis. This concept is effectively conveyed in the book “How Big Things Get Done” authored by Prof. […]

25/01/2023 Ziad Al-basir Budget, Business Development, Business Transformation, Cost Control, EPMO, Main Pages, Planning & Control, PMO

Why We Fail to Deliver Projects on Time and Budget?

Mega-Project Cost Control: The Imperative of Independent Oversight – ZALBASIREPPM Mega-Project Cost Control: The Imperative of Independent Oversight Safeguarding investments and ensuring delivery in the face of pervasive cost and schedule overruns. The Staggering Cost of Mega-Project Overruns Global investment in energy, infrastructure, mining, and real-estate-related projects was estimated at approximately $6 trillion in 2013. By 2030, this figure could surge to $13 trillion, according to McKinsey research published in 2017. The same research paints a stark picture: 98 percent […]

12/08/2021 Ziad Al-basir Business Transformation, Leadership, Main Pages, PMO, Portfolio Management, Project Governance, Project Portfolio Management Office

Cost & Budget Control in Large-Scale Projects

Cost & Budget Control in Large-Scale Projects: Best Practices and Strategic Management – ZALBASIREPPM Cost & Budget Control in Large-Scale Projects: Best Practices and Strategic Management Transforming financial oversight from reactive reporting to proactive, real-time control. The Greatest Challenge: Budget and Cost Control in Large Developments In large-scale development projects, controlling the budget and costs is one of the most challenging tasks. This is because, at the beginning of such projects, the budget is not certain; it is merely an […]

12/02/2019 Ziad Al-basir Main Pages, PMO, Project Cost Controls, Shared Resources, Strategic Planning

Infrastructure Investment and GDP: Measuring Economic Impact and Strategic Prioritization

Infrastructure Investment and GDP: Measuring Economic Impact and Strategic Prioritization – ZALBASIREPPM ZALBASIREPPM Infrastructure Investment and GDP: Measuring Economic Impact and Strategic Prioritization Understanding the complex relationship between infrastructure spending and national economic health. The Vital Role of Infrastructure in Economic Prosperity Investment in infrastructure is a critical factor for a country’s economic health and wealth. It empowers the private sector and individuals to invest and produce goods and services more efficiently. Infrastructure spending, whether by the government or in […]

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