Join Bonnie Biafore for an in-depth discussion in this video Proactively managing a schedule, part of Project Management Foundations: Schedules.
Managing a project schedule means balancing scope, time, cost, resources and quality. The changes you make to the schedule depend on which factors are important to the stakeholders. Because schedule changes can introduce risk, you also have to consider the level of risk stakeholders are willing to accept. Time is often a big one, because the stakeholders have a project finish date in mind. Once work starts, part of your job is to watch for schedule problems brewing. If delays begin to threaten the finish date, you can use techniques like fast tracking and crashing tasks to shorten the remaining schedule. If money is more important than time, there are a few ways to change the schedule to reduce costs.
Such as hiring less expensive resources, even if they take longer to complete work or shortening the schedule to reduce overhead costs. Cut some of the project's scope, if the finish date, budget, and resources aren't negotiable. This is another way to shorten the schedule and reduce cost. The key is to cut the least important parts, so the project still delivers the benefits it's supposed to. Quality is the one factor it's often best to leave the way it is. Reducing quality can lead to problems that take time and money to fix, offsetting any savings you hoped for.
Juggling all the project variables is an ongoing activity. The rest of this chapter explains the techniques you can use to keep the project on track.
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- Identifying the work that needs to be done
- Adding milestones
- Delaying or overlapping tasks with lag and lead time
- Assigning resources
- Balancing workloads
- Adding buffers and baselines to the schedule
- Uncovering and correcting out schedule problems<br><br>
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