Key Takeaways
- WBS ensures nothing missed—every activity must be traceable.
- Schedule optimization can reduce timelines 15-30%.
- Weekly EVM provides early warning of schedule and cost problems.
- Multi-phase renovation compounds improvements through learning.
Review of applied PM workflows from Track 2.
Recap
Complete project plans with WBS ensure nothing missed. Schedule optimization reduces timelines 15-30%. Change control with cumulative thresholds prevents uncontrolled expansion. Weekly EVM provides objective health monitoring. Multi-phase renovation creates compounding improvements.
Key Takeaways
- ✓WBS ensures nothing missed—every activity must be traceable.
- ✓Schedule optimization can reduce timelines 15-30%.
- ✓Weekly EVM provides early warning of schedule and cost problems.
- ✓Multi-phase renovation compounds improvements through learning.
Sources
- PMI Construction Extension to PMBOK Guide(2025-01-15)
- NAHB Remodeling PM Best Practices(2025-01-15)
Common Mistakes to Avoid
Not applying lessons learned from one project to the next
Consequence: Same scheduling errors, cost overruns, and coordination failures repeated on every project
Correction: Conduct a 30-minute post-project review documenting what worked, what failed, and what to change for the next project
Test Your Knowledge
1.EAC higher than BAC indicates?
2.Which technique removes material procurement from critical path?
3.Full project review at what CO threshold?