
Discover how to optimize project schedules using drag and drag cost techniques to create business value and benefits for small and large projects.
Primavera P6 shows how to manage project time, optimize schedules with drag and drag cost, assess full costs, and balance resource elasticity against project benefits to maximize profits.
Examine Primavera P6 planning optimization from an owner's or contractor's perspective, highlighting drag and drag cost considerations.
Explore scheduling methods, tools, and techniques to optimize project timelines using scheduling models that define task sequences and durations, account for dependencies, resources, risk, and human factors.
The critical path method identifies the longest sequence of dependent tasks to determine project duration, using a network diagram and early and late start and finish dates.
Explore Devaux's Dip, a single value index monetizing scope, time, and cost for project benefits in Primavera P6, akin to SPI and CPI.
Set and compare the project baseline with the current schedule, showing the baseline stays fixed while the schedule moves. Reset the baseline and prepare to determine the drag.
Create a drag field, assign the track, and adjust remaining durations to compute drag on the critical path in Primavera P6. The video shows results and prepares for drag cost.
Use primavera p6 to create a 5-day schedule margin by adjusting durations, adding resources, and establishing a new baseline, balancing schedule feasibility with project monetary value limits.
Update a Primavera P6 schedule by applying progress, updating resources, recording actual units and costs, and rescheduling to reflect later dates.
Explore Primavera P6 insights by comparing baseline cost and schedule to actuals, analyzing cost and schedule performance indices, and visualizing results with Gantt charts and Excel graphs.
Course Objective: Introduction to Primavera P6
This course equips students with advanced Primavera P6 techniques to optimize construction Project planning and scheduling. Students will learn to enhance Project performance, increase profitability, and maximize business value by leveraging critical path drag and cost analysis.
Critical Path and Drag
A critical path is a sequence of activities directly impacting the Project's overall duration. Drag, an essential concept in Project scheduling, quantifies the delay caused by a critical path activity or the potential time savings from accelerating it. (Stephen Devaux)
Beyond Traditional Project Management
While traditional Project management, as outlined in the PMBOK Guide, emphasizes execution and on-time, on-budget delivery, this course goes deeper into strategic Project management. Key objectives include:
Maximizing Business Value: Identifying and capitalizing on opportunities to increase the overall value derived from projects and investments.
Enhancing Profitability: Implementing strategies to improve Project margins and overall financial performance.
Realizing Broader Benefits: Recognizing and addressing the wider societal and environmental implications of projects, such as reduced traffic congestion, accelerated drug development, and improved public health outcomes.
Beyond planning and drag analysis, you'll learn to track Project performance using earned value metrics — calculating and monitoring the Schedule Performance Index (SPI) and Cost Performance Index (CPI) throughout execution. You'll build spreadsheets to track earned value, interpret Gantt charts alongside EVM histograms, and use the DIPP to report Project status — giving you a complete toolkit for both planning and control.
By mastering these advanced techniques, students will be empowered to drive significant improvements in Project outcomes and contribute to organizational success.