With little exception, missing deadlines reflects poorly on the project manager and sometimes has financial consequences too. Because projects are by definition temporary, someone has authorized the project and expects its deliverables in a timely fashion. To meet the deadlines, a schedule management plan is produced which is a subset of the project management … [Read more...]
In project management, getting an early indication of problems is the silver bullet that allows the project manager to correct the problems before they start. The Schedule Performance Index, usually abbreviated as SPI, is one of the fundamental outputs of the Earned Value Management System. It tells the project manager how far ahead or behind the project is at the … [Read more...]
Imagine the following scenarios: A phone call or meeting with the client smooths over late delivery of a report. A subcontractor completes his task late and offers a financial discount that improves the project's economics. These are not uncommon scenarios, and they appear to render the current schedule meaningless. Does this mean it was a waste of time to make a … [Read more...]
