#225 – LESS IS MORE – MALCOLM PEART

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Less is More – Efficiency in Project Management Plans

We’ve all seen it…a filing cabinet full of project management plans and procedures from the last job that people have tried to adapt and modify to meet the current project. Amazing that such a plethora can give the impression of effectiveness and, to a sceptic, surprising if they are relevant, read or assimilated. Continue reading

#225 – US CLIMATE CHANGE ASSESSMENT – JAMES KLINE PH.D.

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Introduction

            In November 2018, the U.S. Global Change Research Program issued Volume II of the Fourth National Climate Assessment Report.  Volume I was issued in 2017.  It deals with the science behind global change.  Volume II deals with the impact of global warming on natural environment, agriculture, energy production, human welfare, and societal impact.  This article discusses the assessments made in Volume II. Continue reading

#224 – SCRM VUCA – GREG HUTCHINS

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Greg-Hutchins-150x150Just think of all the changes occurring in your organization. New regulations. Changing customers with new product preferences. New competitive product offerings. New technologies. New branding. New business platforms. New business models. Compressed lifecycles. Change is no longer gradual. Change is rapid and abrupt. Continue reading

#224 – RELIABILITY MODELING USING MONTE CARLO – FRED SCHENKELBERG

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 ABC-Fred-150x150Monte Carlo relies on data that describes the variation of elements within the system.  It also connects the elements such that their result is an estimate of performance.
For reliability modeling, this is easiest to imagine for a series system. For a system with two elements in series, a very simple reliability block diagram multiples the expected reliability for each block to determine the system reliability value. Yet, it is possible to have both elements at the low end of the range of possible reliability values, or the high end or a mix.

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