Projects
One project, followed end to end.
Every lesson runs on the same fictional contract. It is invented on purpose, so the site can use real engineering without touching any real project’s confidential data. These are its numbers, each linked to the lesson that establishes it.
The $1M job in eight numbers
The same figures recur across the tracks. They never change from one lesson to the next.
- $1,000,000Contract sum. The whole job, in one number.Established in Nobody knows what you have spent.
- $710,000Measured work, priced at direct cost.Established in Two decimal places of nothing.
- $827,008Controlled budget: measured work, preliminaries and escalation.Established in Your bill and your schedule have never met.
- $874,561Performance measurement baseline, with contingency.Established in The pot everybody raids.
- $48,163Net margin. What is actually left out of the million.Established in Out of a million dollars, five cents is yours.
- $60,462The deepest point of the cash curve, on a profitable job.Established in You can go bust making a profit.
- 14 risksIn the register, nine of them shrinkable by investigation.Established in Two kinds of not knowing. Only one of them shrinks.
- $24,000The largest single risk: rock in the pile bores.Established in Two kinds of not knowing. Only one of them shrinks.
Follow it through the curriculum
The project is introduced in Schedule, priced in Cost & Cash, stress-tested in Risk, and argued over in Contract and Claims.
Real project work is not shown here. Names, figures and documents from employers and clients stay confidential. Nothing on this site comes from them.