Project Risk Assessment and Decision Support Tools

Search Timer

Behind Schedule & Over Cost Page 4

  1. Implies:

    • Higher material costs/ material (possibly) charged to wrong job
    • Work not started as scheduled
    • Higher material cost(s)
    • Used overtime due to a staffing shortage
    • Low quality (productive) work with above average costs
    • Late vendor delivery
    • Delayed customer feedback/direction
    • Reword required
    • Work more complex than anticipated
    • Scope creep
  2. Note:

    This is the worst-case scenario

 

Note: Please associate this slide with the Earned Value Chart