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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 Volatility
What is Schedule Volatility   

What is Schedule Volatility


Schedule Volatility is a situation when a schedule (a project or employee schedule) tends to change over the time due to different factors which add unpredictability. An example of schedule volatility is a variable work week length that is associated with part-time workers whose usual hours tend to vary from week to week (hence their income tends to vary as well). Schedule volatility is a type of schedule behavior that excludes possibility of long-term planning as such a schedule is critically influenced by some factors which can be hardly predicted, or it is a schedule which updates often and regularly (let’s say weekly or monthly). 

Cases of schedule volatility include:

  • Working hours of part-time employees (such as technicians of all types or IT experts) who serve a cluster of different clients who may call them anytime in a case of some emergency (let’s say a server crush, pipe break, or anything like this);
  • Delivery schedule which is influenced by customer demand (for example supply chain that links up bulk vendors and retailers), as the management of a bulk purchaser (a shop) derives amount and nomenclature of products they need to acquire weekly reasoning from current demand and inventory they have in storage;

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