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– One of the most recognized buildings in the world
– For the year ended 30 June 2011, total income was about 120M
• Project Plan and budget
– Time Plan was 4 years – Finished after 14 years
– Budget was 7M – Actual cost about 102M
Adopted from: http://www.sydneyoperahouse.com
Adopted from my webinar “OPM - No retreat no surrender” OPM COP Dec, 2011
Stakeholders’ satisfaction
• Stakeholder Mgmt. Success
Project outcome added value
• Outcome Success
Competing Demands Balancing
• Project Management Success
Contribution to the Org. Strategy
• Strategic Success
Project Success
19Source: 2013 Project Management Institute, Inc. PMBOK® Guide 5th Edition
6.7Control
Schedule
20Source: 2011 PMI, Practice Standard for Project Estimating (Page 12)
21Source: 2011 PMI, Practice Standard for Project Estimating (Page 13)
• Evolution of Requirements
• Approved Change Requests
• Operational Problems
• Faulty Estimating
22
• Schedule Compression: used to shorten the schedule duration without reducing the project scope, in order to meet schedule constraints, imposed dates, or other schedule objectives.
23
Time is money.
More is coming in the pipeline.
Some deliverables are time based.
The urgency of project outcomes.
Unbiased or biased Politics.
Source: 2013 Project Management Institute, Inc. PMBOK® Guide 5th Edition
6.6 Develop Schedule 6.7 Control Schedule
24
• A schedule compression technique in which activities or phases normally done in sequence are performed in parallel for at least a portion of their duration.
25
A
B
A
B
• Only works if activities can be overlapped
• may result in rework and increased risk.
Source: 2013 Project Management Institute, Inc. PMBOK® Guide 5th Edition
• A technique used to shorten the schedule duration for the least incremental cost by adding resources.
• Only works for activities where additional resources will shorten the duration.
• May result in increased risk and/or cost.
26
A woman can make a baby in 9 months, but 9 women can’t make a
baby in a month
Source: 2013 Project Management Institute, Inc. PMBOK® Guide 5th Edition