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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 enterprise’s 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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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.

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Home » Glossary » What is Schedule Margin
What is Schedule Margin  

What is Schedule Margin


Schedule Margin is a protective time buffer added after a project’s regular timeframe to secure the deliverables against uncertainty, and hence a potential delay. It is a tool used by project managers to deal with the schedule contingencies. Schedule margin should be calculated at the planning phase to ensure less stress with the project effort for the team. It could be calculated reasoning from a level of risks that accompany every task in the project schedule.

 Schedule margin can be added into the project schedule just as a “buffer” after the final deliverable is baselined to be produced (let’s say a week before the end of the project contract), so if the project gets delayed, then this extra reserved time will be used to shift the end date closer to deadline. Also a schedule margin can be embedded and allocated within a schedule by smaller portions, for every separate task on the schedule (according to level of risks associated with each task), so the end of contract can be scheduled to finish immediately after the project’s final task (no time to shift project due date remains). 




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