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Project Manager : Project Manager Apr May 2014
www.aipm.com.au Project Manager 41 Over the next 12 months, the PCSIG will be hosting a new calendar of events, with recent and upcoming meetings focusing on statistical evaluations and probabilities of outcomes, using methodologies from three-point estimation and the Monte Carlo analysis. ree-point estimation for managing stakeholder engagement is a hot topic at the moment. "We want practitioners to have a solid understanding of what's optimistic and what's pessimistic," says Ruffell-Hazell. "We want to equip them with a level of confidence so that they can set reasonable e xpectations and analyse whether they can achieve them. at's what the Monte Carlo analysis and three-point estimation provide; they're very useful tools to have in managing stakeholder engagement." Ratcliffe would also like to see the group e xpand in the future to different states and is currently looking to develop the PCSIG in Canber ra and Adelaide. "I hope that over the next couple of years, the PCSIG will take on a national perspective. After all, the knowledge of practitioners is not restricted to any one state; in fact, it's global." With project controls less a dark art and more now an essential element of project management, the PCSIG has helped make information about the field more accessible to a wider community, capturing tacit knowledge about project control practices, tools and methods. e PCSIG should be the first port of call for those specialists in the field whose focus is on er udite aspects of the practice, as well as those who have a more general interest and want to understand how it impacts a wider project management process. Better project controls invariably influences better project outcomes, and that's something all project managers should have a vested interest in. ••• GET INVOLVED The next PCSIG meeting will be held on 15 May at Tracey, Brunstrom and Hammond in Melbourne, and attendance is rewarded with 3 CPD points. Visit the AIPM website's Events Calendar to find out more and register. W: www.aipm.com.au If you are interested in project controls, join the LinkedIn Group or contact your local Chapter to discuss creating a SIG in your area. W: goo.gl/5LHuCH
Project Manager Feb Mar 2014