Project Budget
Cost. Along with the schedule and the quality, cost is one of the most challenging aspects of a project to be managed. Listen to this playlist to better understand how to handle it.
This playlist has 6 episodes.
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Contingency Reserves x Management Reserves
(Jun 21, 2010)
In this podcast, Ricardo talks about the difference between the Contingency Reserve and the Management Reserves. He explains that both work with a financial protection for the project and that the management reserve is about the perception of the risks of the company.
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Cost Estimating – Part 1 of 3
(Feb 23, 2015)
In this episode, the first in a series of three podcasts on costing, Ricardo talks about the types of analysis that we can do during the project cost estimation.
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Cost Estimating – Part 2 of 3
(Mar 02, 2015)
In this episode, Ricardo continues to talk about cost estimates, explaining how to use the capacity factor to calculate costs when there is economy of scale.
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Cost Estimating – Part 3 of 3
(Mar 08, 2015)
On this last episode of the series on cost estimation, Ricardo talks about the proportionality factor, parametric modelling and neural networks.
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Applying Neural Networks and Analogous Estimating to Determine the Project Budget
(Oct 13, 2015)
In this episode, Ricardo talks about how neural networks and the analogous estimating can help when determining the project budget, especially when you have access to reliable historical information.
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Benefits and Drawbacks of the Passion Economy
(Aug 22, 2022)
In this week's episode, Ricardo addresses the Passion Economy. There is a "passion economy" when you make money doing something you enjoy. The biggest illustration of this notion is the digital influencer, who may share information, expertise, and insights about a topic they find fascinating and monetize the content through a YouTube or TikTok channel, for example. However, the process is not as simple as most people believe.
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