On the owner’s side, the opposite end of the spectrum can show their own greed.

This creates an issue should the original contract be terminated and the surety is required to complete the project.

Greed is “an overwhelming desire to acquire or have, as wealth or power, in excess of what one requires or deserves.” How does a project schedule allow a project participant to display greed? One example is front-loading the forecasted earnings in the schedule, wherein the work activities are assigned a budgeted value in excess of what the work is worth. However, if you are developing a project schedule for a plant outage that is costing the company $1 million an hour in lost production, might an equivalent level of detail be appropriate? Greed On most projects, the schedule does not need to have activities as detailed as “Install Electrical Receptacles, Room 136, North Wall” or “Install Landscaping, North Parking Lot, Northwest Island”. Gluttony is “an inordinate desire to consume more than which one requires.” On a construction project, gluttony is evident in schedules which are created with way too much detail. For example, rather than following the requirements in the specifications for development and maintenance of a CPM schedule, the project manager quips “On my last job…” or “When I started in construction, I didn’t have to do schedules.” However, without a project schedule in compliance with the specifications, how does a contractor effectively communicate its overall plan to execute and coordinate the project and, if necessary, justify time extension requests? Gluttony While there may be thousands of activities in a schedule, and hundreds of days to build a project, we have identified schedule management actions in line with the seven deadly sins that can have your project “go to hell in a handbasket.” EnvyĮnvy is a “resentful desire for another’s possessions or advantages.” In scheduling, envy often is expressed through project participants’ actions, not in accordance with the current project requirements, but rather based on their past enviable project(s). However, if a party’s intentions are not in the best interest of the project, the schedule loses its credibility as a management tool. A schedule is intended to be used as a tool to allow project participants to proactively manage construction and adapt to changing circumstances as they arise.

For windows instal Path of Sin: Greed