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Oracle Primavera P6 Version 8: Project and Portfolio Management by Daniel L. Williams PhD, Elaine Britt Krazer

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Summary

In this chapter we have examined a number of ways to anticipate and manage project issues:

  • Thresholds to identify variances in certain quantities
  • Issues, either keyed to thresholds or entered manually
  • Risks, which can be measured as having quantifiable impacts on the project cost and schedule

The next chapter builds on the concept of threshold and risks. It addresses creating project baselines—snapshots of a project that are used to store historical information that can be used for comparison to the current project. These can be used to look backward when auditing a project's past performance, but can also be used to make projections on where the project is headed.

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