Sometimes a small piece of advice can be a game changer.
I’ve experienced this in the past when I received a tip from someone which helped me to take my project to the next level by fixing a business issue that I’ve been struggling with.
I would like to share a game changing tip with you that can help you complete projects on time.
Projects are often late. It is a well known issue that in many cases is accepted as something that we just need to live with.
But it doesn’t have to be like that. Projects can be completed on time if planned correctly.
So the game changer tip I’d like to share with you today is: Buffers.
A buffer is extra time that you add to the project’s schedule to take into account unexpected changes that might cause project delays.
We recommend using global buffers that are added to the schedule at different points, usually before milestone due dates.
Now how do you calculate the amount of time to add for a buffer, you ask? To come up with that figure, you should take the risk factors for each task into consideration. Think about what could go wrong and how much additional time it would take to deal with those potential problems. Once you have estimated a buffer time for each individual task, add them up to get the amount of time needed to create one large buffer at the end of the project.
Elementool can help you complete projects on time using the combination of Elementool’s project management software and our Project Management Formula education program.
I wish you a Happy New Year and hope that next year will be prosperous for you and your family!
And to make your New Year extra special, I would like to offer you the Project Management Formula for free if you sign up and purchase Elementool. This special offer will expire on December 31st, 2013, so you better hurry!
To sign up, please click on the button below.