Posts by Lance Hodgson
Finance – Earned value calculation excel
Earned value calculation excel How to do earned value calculations in excel Calculating earned value is an essential part of project management, as it’s one of the most accurate and objective ways to assess project performance during project delivery – which enables a project manager or other management to keep projects on budget and on…
Read more →Safety – Hazard reporting procedure
Hazard reporting procedure: The right procedure for you Why is your hazard reporting procedure important? Your hazard reporting procedure is your first line and one of your most important lines of defence when it comes to workplace safety. Lots of companies and people focus on incidents and lagging indicators when assessing safety performance and safety…
Read more →Safety – Risk logs
Risk log: Everything you need to know about risk logs What is a risk log? A risk log (sometimes interchangeably referred to as a risk register) is a framework and tool which projects and companies use to identify, evaluate and mitigate risk. A risk log almost always takes the form of a register, where each…
Read more →Safety – Risk response matrix
Risk response matrix What is a risk response matrix? Most people have heard of and are familiar with a risk assessment matrix. Risk assessment matrices are used in almost every industry and many other walks of life to classify and prioritise different risks based on: The likelihood of them occurring The severity of an event…
Read more →Finance – How is earned value calculated?
How is earned value calculated? Why calculate earned value in the first place? The main reason for calculating earned value is to objectively assess how a project is performing on your two major dimensions of cost and time. Without earned value, project managers and companies are left assessing whether a project is over-budget or behind…
Read more →Safety – Purpose of a risk register
Purpose of a risk register: Here’s what a risk register is used for What is a risk register? A risk register (which can sometimes be referred to as a risk log) is a project management tool which helps managers and companies document risks, track risks and address them through preventative controls and corrective actions. A…
Read more →Safety – Risk monitoring and control
Risk monitoring and control: How to make yours better and safer In this article, we focus on risk monitoring and control: how to make yours better and safer and provide with practical insights and actionable strategies to enhance risk monitoring and control processes, ensuring potential hazards are identified, mitigated, and managed proactively. Risk monitoring and…
Read more →Systems – EDMS examples
EDMS Examples Navigating EDMS examples The EDMS (electronic document management system) of a company is one of the most important pieces of infrastructure a company will buy, operate and maintain. If you don’t have an EDMS at the moment, then it’s a must-buy for time-savings and risk management alone. And if you are looking for…
Read more →Systems – Document management system features
Document management system features The most important document management system features for you Document management systems have become more and more sophisticated since the first electronic document management system was designed and implemented. Today, document management system ‘feature’ a lot of different features, which are designed to give DMS users with better and easier ways…
Read more →Software – Types of document management systems
Types of document management systems What is a document management system? A document management system (DMS) is a system which is designed to improve how a company or person manages, tracks and stores and accesses documents. The main purpose of any document management system is to reduce paper and paperwork, and improve operational efficiency. A…
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