Primary Author: Jessica Colbert, PSP
Audience Focus: Advanced
Application Type: Practice
Venue: 2016 AACE International Annual Meeting, Toronto, ON, Canada
Abstract: High quality CPM schedules provide stakeholders a communications tool to communicate the Contractor’s plan to meet contractual requirements and build a project. With this tool, project stakeholders monitor progress against the original plan and evaluate any revised plans to ensure project goals will be met. Used effectively, the schedule will help all parties evaluate risk, prioritize tasks, detail operations plans Sometimes schedules are required to serve other aspects of construction management, including estimating progress payments based on value-loading, prospective change management, cash management or adversarial claims positioning. Doing so often occurs at the expense of good schedule management where the integrity of the original tool is compromised and no longer serves its primary purpose. This paper discusses these potential drawbacks and incorporates lessons from Contractor experiences. From these lessons, the author identifies best practices for maintaining the schedule as a tool for project planning and execution.
Audience Focus: Advanced
Application Type: Practice
Venue: 2016 AACE International Annual Meeting, Toronto, ON, Canada
Abstract: High quality CPM schedules provide stakeholders a communications tool to communicate the Contractor’s plan to meet contractual requirements and build a project. With this tool, project stakeholders monitor progress against the original plan and evaluate any revised plans to ensure project goals will be met. Used effectively, the schedule will help all parties evaluate risk, prioritize tasks, detail operations plans Sometimes schedules are required to serve other aspects of construction management, including estimating progress payments based on value-loading, prospective change management, cash management or adversarial claims positioning. Doing so often occurs at the expense of good schedule management where the integrity of the original tool is compromised and no longer serves its primary purpose. This paper discusses these potential drawbacks and incorporates lessons from Contractor experiences. From these lessons, the author identifies best practices for maintaining the schedule as a tool for project planning and execution.