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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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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 Slippage
What is Schedule Slippage  

What is Schedule Slippage



 
 

Schedule slippage means a delay in project performance which leads to non-meeting of the initially estimated due date of the project completion. If the schedule slippage is detected then it means that a project begins floating towards its upper limit of the schedule (the last time limit; deadline which bounds the area of the project’s profitability). To mitigate schedule slippage it is to use business management software (for exmaple CentriQS) to accomplish the following tasks:

  • Identify rout causes of the schedule slippage: it could happen because of poor or ambitious time estimation done on the planning phase, ambiguous project requirements, interpersonal conflicts in the team, and many other factors.
  • Forecast a likely delivery date: for example by utilizing CPM (Critical Path Method) that will help you in identifying slack (possible leeway) of the tasks.
  • Address the identified causes and rectify these problems effectively.
  • Identify some methods to neutralize/mitigate the schedule slippage: for example by adding more resources to make some critical tasks completed faster, or by making some trade-offs;
  • Negotiation with the project customers to communicate and discuss the current situation;  

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