2. Project Management is About…
• Security – Knowing that your Project is being
driven forward as aggressively as possible
• Optimizing Financial Value – Leaving no time
or money on the table
• Transformational Outcomes – Leading the
team to achieve a positive transformational
outcome
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4. Slack & Late Date
Slack
• Used to prioritize Impediments, and…
• Substantiate the appropriate solution.
Late Date
• Used to communicate a deadline.
• The Late Finish Date is the day before an Impediment
begins impacting Project end date & cost.
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6. Managing to the Critical Path
• Managing = Sharing the Success Criteria
• Review slack for each current / next period
planned task w/ Project Team Weekly
• Ensure next-period Critical Path tasks are
staged and ready to start
• Ensure clarity | Critical Path tasks finish on-
time
Secret Formula…
• A Task with ≤ 10 days of slack is on the Critical
Path
7. Task Health
• Task Health is current state
• Used to prioritize workload
• Audience: Contributors & Functional Mgrs.
Project Health
• Project Health is a forecast
• Least Health Critical Path Task
• Used to prioritize workload
• Audience: Project Owner, Program &
Portfolio layer
Task Health and Audience
9. Used to prioritize between Projects
with Similar Health Ratings.
Status Summary Contains:
1. Explanation of Health & Path to
Green.
2. Accomplishments Since Last
Report.
3. Explanation of Impediments and
solution status.
Targets Executive Audience
Past and Future Highlights
Current Impediments
10. Current & Next Period Planned Task
Contents: Planned Tasks
Audience: Contributors & Functional Mgrs.
Used to prioritize workload
Control Log
Contents: Unplanned Tasks & Impediments
Audience: Contributors & Functional Mgrs.
Used to prioritize workload