What is clear thinking? It could include a wide range of issues – cognitive ability, brain fog, attention problems, etc. But this post is more about thinking logically. Thinking logically means working through a process of logical steps to reach a conclusion. (Hopefully, this post will progress its message logically!) This will focus on three…
Author: David
Are Reimbursable Pricing Contracts the Best?
Contract Reimbursement Types There are many types of reimbursement methods for project contracts: Unit price – the contracting party (typically “Contractor”) is reimbursed for a set price per unit of completed work. Cost reimbursable – the Contractor is reimbursed for costs plus some markup for overhead and profit. These may be know as “Time-and-Material” or…
Project Documents Managed as Data
Before Now For most of us, the word “data” is now so common that we don’t remember when it wasn’t part of everyday language. Data is a collection of digital information. Projects collect data from many sources. Much of data and data management related to project work include managing documents. Managing documents as data and…
Manipulating Percentage, Probability, and Statistics
The origin of the previous posts, though they were lengthy and detailed in some areas, was triggered by reading about issues with reporting on results of medically-related studies. Specifically, it relates to how results of trials are translated to approving agencies and to the public. This is not about misrepresentation related to recent popular discussion…
Manipulating Numbers – Data and Statistics
Finally, we come to statistics. To follow how these link together, you may want to first read previous posts about Percentages and Probability. Probability is about determining a value to define the likelihood of an event or a hypothesis. Statistics is a branch of math that involves collecting, sorting, analyzing and interpreting data. Statistics makes…
Manipulating Numbers – Chance, Probability, and Odds
If you grasped the idea of “simple” percentages from my last post, probability, odds, and statistics will be more meaningful. As we look at these last three, we’ll see how the concept of Manipulating Numbers fits in. Manipulation can come from ignorance, but it is sometimes used to sell an idea or a product. Chance…
Manipulating Numbers – “Simple” Percentages
Many people roll their eyes or their brain freezes whenever a mathematical calculation is written about or discussed in conversation. This article uses some simple arithmetic that shouldn’t cause that reaction. This is a part of a planned series to discuss how numbers can be manipulated or misused to portray favorable or unfavorable viewpoints. Specifically,…
Off Track – Project Planning
When driving a vehicle, if you take your eyes from the road and veer from your lane, the results can be disastrous for you and other drivers. If a trainload of hazardous materials derails and spills its content, the results can be expensive in many ways. This is what can happen when a vehicle goes…
There’s More Information but We Know Less?
We are lucky to live in a time where information is widely available and accessible. I’ve been recently thinking about three issues concerning our available information (there are others questions that could be asked). The amount of available information is staggering, because of the volume of information it’s impossible to track it all, and knowing…
November 2022 Introductory Blog Message
This is the first post of this new site. I have had other sites in the past that never lasted. Some of those old posts may be imported here later. If so, you will see them on a separate page. This post is for me and for you. For me, it’s to write out loud…