MANAGING RISK OF DELAY – Schedule Updates and Progress Considerations (Part 10)

This post is the tenth in a series of discussions regarding various aspects of time management as it relates to the risk of delay.  This post addresses planning for and implementing progress measurement and schedule updates.

The challenge associated with managing time is intensified in the case of larger and more complex projects as well as fast-track and high technology projects.

In order to professionally manage time (and, therefore, risk of delay) the manager must have a time baseline [typically a Critical Path Method schedule and a Performance Measurement Baseline – please see earlier posts on these topics] and a method to recognize variations from the baseline.  In order to detect variances, the managerial team must have an effective process to measure progress data and update the schedule (or time model). [Read more…]