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How to measure progress of a project?

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Hady Shendy, PMP, PMI-RMP

How to measure progress of a project?

June 7, 2014

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What criteria are used to define


delay analysis techniques?

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In October 2013, I joined Roads and Transport Authority (RTA) with the goal of satisfy
customers by met their projects objectives, my pain was how to measure progress of
projects from principal perspective.

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Planning and Risk Specialist at Roads and Transport Authority

6/10/2014

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To relief this pain I establish the approach below and want to share it with you, let us start our
game. Here are five steps generated from reviewing the historical documents and learned
lessons over the last six months. In the comments, share your own tips and ideas.

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1.Define Project Delivery Method

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Design-Bid-Build
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2.What Contract Types

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Stipulated/Lump Sum
A contract under which a principal agree to pay a contractor a specified amount that covers all
cost such as for equipment, labor, material, overheads, services and contractors fee (profit)
for completing work comprising the job.

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Unit Price
Cost Plus a Fee-Fixed Fee-Guaranteed Maximum Price
In lump sum contract, the Owner has essentially assigned all risk to the Contractor who in
turn can be expected to ask for a higher markup in order to take care of unforeseen
contingencies.

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3.What to measure
Project success is measured as the ability to complete the project:
According to desired specifications
With the specified budget
Within the promised time
While keeping customer/ stakeholder happy

4.Why measure
If you cant measure it, you cant control it. If you cant control it, you cant manage it.
Assess current performance
Set goals for improvement
Anticipate any potential deviation

5.Measure Criteria
Most of our projects design-bid-build
and lump sum contracts, so my
concern to the overall budget and time
performance no need to go deep of
cost breakdown and labor categories
histogram.

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Abdallah Shahin 3rd


Construction Project Manager and Roads a
Connect

I have to measure project duration completion percentage and cash flow to monitor the
project progress to ensure is met on time within budget and satisfaction of stakeholders.

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6/10/2014

How to measure progress of a project? | LinkedIn


To do that :
1. Assign one labor resource to all project activities with task dependent type;
2. Define units of this labor to be equal its activity duration;
3. Assign the planned budget (project price) to that resource as per contract BOQ priced
table.
4. Download my example to support my idea at iHady.ae

Now you have schedule loaded with human resource and cost in straightforward approach
from client perspective, sure contractor MUST have the detailed schedule loaded with
productivity rated labors and planned net cost (not project fee which include their overhead
and profit) to track their actual cost (from detailed invoices) and may implement earned value
methods.
What do you think? Am I relief your pain? If youve been writing, what are your recipes? And if
you havent been, whats holding you back?

Hady Shendy, PMP, PMI-RMP


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Awais Imtiaz 2nd


Lead Planning Engineer at SKEC
Excellent write up and elaboration.
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2 days ago

Shervin Karimianpour,PMP,RMP,PRINCE 2 2nd


Specialist Planning & Scheduling
Thanks for your writing. In my opinion contractors never provide project cost breakdown for
client because they don't want client undrestand their profit and overhead!
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2 days ago

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How to measure progress of a project? | LinkedIn

Hady Shendy, PMP, PMI-RMP AUTHOR

2nd

Planning and Risk Specialist at Roads and Transport Authority


Shervin Karimianpour,PMP,RMP,PRINCE 2 they have right if their contract is lump sum price
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