ISS03
: Who Owns the Float?
Wednesday, 31 January
13.45–15.00
1 hour, 15 minutes
Speaker:
Ondiappan Arivazhagan, PMP,
SSGB
Presentation Style: Lecture
Level: Intermediate
Target Audience: Project Management Professional (PMP®)
Presented In: English
This Presentation has been endorsed by the following PMI
Specific Interest Groups (SIG):
- Information Technology &
Telecommunications SIG
- College of Scheduling
- Risk SIG
- Design, Procurement & Construction SIG
- Students of PM
Learning Objectives:
-
After the presentation, attendees will be able to realise the importance of
float management, focus their attention on float, negotiate better terms with
other stakeholders, reduce schedule slippage risks and manage the schedule
targets more effectively.
Project managers are expected to handle or manage various types
of contracts with owners and vendors whilst managing their projects. In the
Critical Path Method of scheduling, the project's deadlines are at high risk
if floats are not managed properly. As float gives some flexibility in
scheduling the resources, very often the question comes, who owns the float?
This presentation is aimed at identifying the possible stakeholders
to it, analysing the possible ownership claims of various stakeholders of the
project and suggesting a few possible solutions.
Please note that the congress proceedings are conducted in English.
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