Project Risk Assessment and Decision Support Tools

Search Timer

Ahead of Schedule & Under Cost Page 1

  • Implies:

    • Found less costly ways to do the work/work done in less time than planned
    • High quality (productive) work with below average costs
    • Work is less complex
    • Fewer revisions & rework
    • Decreases to overhead/labor rates
    • Vendor discounts
    • Quantity discounts
    • An effective & efficient process

 

 

  • Note:

    This is the best-case scenario to be in (but further analysis should be done)

 

Note: Please associate this slide with the Earned Value Chart