A few weeks ago I wrote a post asking folks their thoughts on when their project is at risk based on their schedule and cost performance. I received some very interesting and thoughtful responses. I wanted to share these with you so you could see what others think as their thoughts might be helpful in your work. Thanks to everyone for commenting. Good stuff indeed! I include them verbatim below and note the LinkedIn Group on which they were posted so that you can see the other Groups that you might want to join if you’re not a member already. Comments from the Group PMI Credentialed PMPs Like the article, and yes, 5-10% cost variance is a good number to shoot for–if you do your homework conscientiously and regularly perform periodic ETCs.
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Want advice on how far over cost/schedule puts you at risk for project failure ? These project pros have some good ideas…