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Project Management Step by Step: How to Plan and Manage a Highly Successful Project
book

Project Management Step by Step: How to Plan and Manage a Highly Successful Project

by Richard Newton
January 2006
Beginner
168 pages
3h 21m
English
Pearson Education Canada
Content preview from Project Management Step by Step: How to Plan and Manage a Highly Successful Project

Step 3.7 Add in milestones and contingency

Put in milestones that give some key dates and that will help communicate and explain the plan to your customer, and which you can use as overall markers of progress. To select milestones, choose key events that are meaningful and helpful to your customer. The milestones for the office re-fit project example could be:

  • 7 July – Office fitted and ready to be furnished

  • 8 August – Office furnished

  • 1 September – Project completed and office ready for use

You add contingency to account for the inherent risk in the project. This can be done in two ways:

  1. As a top-down estimate. Looking at the whole plan and using a feel for how much risk there is. This is effectively a project manager’s intuition, or gut-feel, ...

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Publisher Resources

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