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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterpriseís ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
Home » Glossary » What is Schedule Adjustment?
What is Schedule Adjustment?  

What is Schedule Adjustment?


What is Schedule Adjustment?

Schedule adjustment refers to any modifications and changes made to a given schedule after some issues have been revealed, so the changes are aimed to solve the issues and put the schedule back to the original state. Adjusting a schedule means making some updates to its content due to variations for the purpose of preventing negative consequences of the variations and realigning the schedule content with the initial state. For example, in a production schedule a lack of inventory and personnel has been revealed so the manufacturing process canít be continued until the issue is solved and a necessary adjustment (such as engaging additional workforce and inventory items in the production) is made.

Schedule adjustments are usually managed within the change management process. A person responsible for progress of a schedule needs to regularly audit status of the schedule items (like tasks, events, various activities) and check it against expectations established at the design phase of the schedule. For example, in project management the change management process involves a project manager in reviewing status of tasks and activities put on a schedule and check the status against the schedule baseline determined at the project planning phase. In case thereíre some variations detected, the manager needs to evaluate the gap and decide on what adjustment is required to solve the problem.

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