Project Due Date is a scheduled fixed date on which a given project is planned to be accomplished. This date signifies the end point in the project schedule and determines when all planned activities should be stopped, regardless of their completion status.
As a rule, project due dates are set in advance and fixed to certain date and time in project schedules. No grace period or extra time is allowed. It means the due date of a project is the final target date that is not to be changed (extended or shortened) throughout the project life-cycle. There should be some substantial reasons (scope creep, requirements change, risk occurrence) to change project due dates.
The simplest way to calculate project due date is to determine and estimate target dates of project activities. The total amount of time required to perform project activities will be project due date. This technique is called Bottom-Up Estimating. Other popular techniques of project due date estimation are:
- Top-Down Estimating
- Comparative Estimating
- Lessons Learned Technique
- Three-Point Estimating
- Parametric Estimating.