Learn how to improve schedule reliability using five metrics common for project schedules. Although Schedule MD has over 40 different metrics, focusing on a subset will provide improved schedule reliability that any project scheduler can use. Attendees will walk away knowing an efficient way to get up and running analyzing schedules.
3. Speaker Bio
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Mike Brown, PMP
Managing Director
Denver, Colorado
mbrown@pmaconsultants.com
About the Presenter
Mike has extensive experience in program
and project management, quality
management, engineering, and program
and project controls. Mike has managed
responsibilities that include strategic
planning, engineering, construction,
regulatory permitting and compliance,
resource planning and management, quality
audits and reviews, closeout, and other
related administrative oversight functions.
4. The Problem(s)
Inadequate
Planning /
Engagement
Complex
Projects and
Systems
Inexperienced
Project Controls
Managers
“Inadequate planning is one
of the major reasons why
projects spin out of control.”
Discenza, R. & Foreman, J.B. (2007).
Seven causes of project failure
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“The world's private and public sector
leaders believe that a rapid escalation
of ‘complexity’ is the biggest
challenge confronting them. They
expect it to continue — indeed, to
accelerate — in the coming years
Hass, K.B. & Lindbergh, L.B. 2010. Paper
presented at PMI Global Congress
“Too Many Projects, Not
Enough Experienced
Managers.”
CIO from IDG / ESI International
5. Why are schedule metrics important?
StakeholderEngagement
Increase communication and understanding
Simplification
Reduce complexity through technology
ImprovedUnderstanding
Resources and tools increase schedulers
understanding and awareness
Better Schedules
Codification allows for simpler best practice
conformance
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6. What is Schedule MD?
A companion application to
NetPoint® for analyzing and
determining the reliability
of schedules.
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7. What is the Schedule IQ™ Score?
A value between 0 to 100 –
comprised of 42 independent,
weighted calculations derived
from the 20-Trait Protocol – for
communicating how reliable a
schedule is.
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14. The Data
Survey Response
41% 53% 71% 65% 59%
Breaching
Finish
Dates
Critical
Activities
Open
Ends
ConstraintsOut of
Sequence
Work
100%
75%
50%
0%
25%
Top 5 Metrics – Percentage of Respondents
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16. Open Ends
16
Well-Built
What activities that have either no
predecessors or no
successors
Why unreliability associated with
what-if, risk, delay and/or
disruption
Metric # of activities with open
ends / total # activities
Threshold <1%
17. Credible
What incomplete activities whose
criticality factor is <
threshold
Why a schedule with too many
critical activities is more
susceptible to delay (and
potentially claims)
Metric # of critical activities / total #
activities
Threshold 15-30% acceptable range
Critical Activities
17
18. Comprehensive
What finish milestones or
benchmarks that fall after
their respective contract
dates
Why contract breach; false critical
path
Metric binary
Threshold every contractual milestone
Breaching Finishing Dates
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19. Well-Built
What activities with specific
limitations that regulate start
or finish dates
Why float ruiners; unreliability
associated with what-if, risk,
delay/disruption
Metric # of activities with
constraints / total # of
activities
Threshold <5%
Constraints
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20. Controlled
What actualized critical/near-
critical activities whose
actual dates breach the logic
type
Why flawed actualized logic could
render the schedule
unreliable for
delay/disruption
Metric # of OSW / total # activities
Threshold <2%
Out of Sequence Work
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