The rework cycle

why projects are mismanaged

Too often, especially when managing large projects, project teams will first plan their project and then work to realize the plan, failing to leave float for the uncertainties that are sure to occur. As a result, far too many projects are delivered--if at all--over budget and behind schedule. This article describes why project managers need to incorporate a framework for reworking projects into their toolboxes. In doing so, it defines the purpose and shortcomings of the critical path method (CPM) and the earned valued (EV) systems; it identifies the factor that frequently causes projects to fail--not reworking a project plan. It then describes how a framework for reworking projects may help project managers improve project outcomes.
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