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…]

TIME MANAGEMENT – Schedule Specification Implementation (Part 1)

This Subject Series will address the sources and implementation of a contract schedule specification.  The Subject Series structure will be multiple parts and be a logical extension of the series titled MANAGING RISK OF DELAY.

The overview of this series is:

The challenge associated with managing time is common to virtually all projects.  This challenge is true for most project management situations.  It is intensified in the case of larger and more complex projects.  Examples include Lump Sum Turn Key (LSTK), Engineer Procure Construct (EPC), and other similarly executed projects.  In addition to the normal issues associated with bulk progress, actions or inactions by the owner [employer], notice requirements, owner-furnished (free issue) equipment and others can add considerable complexity to this challenge. [Read more…]