The people assigned to your project have high billable rates, and the project budget doesn't provide much of a buffer over your estimated total project cost. Fortunately, the project finish date has some wiggle room. Which measure of progress is most important to track in this situation?

Respuesta :

Option B: Remaining duration is the right answer

Explanation:

What are all the possible things which we can do in remaining duration are given below. We need not worry about actual duration or start date. We need to consider the remaining date and give out the best possible.

Call for a meeting and do the following:

Step 1: To identify the pending tasks and the person who is responsible

Step 2: Discuss the reason for delay

Step 3: Explain the current scenario

Step 4: Give tight deadlines and motivate the team to keep up the dates

Step 5: Re-insist on the quality factor

Step 6: Place the responsibility on the team shoulder

Step 7: Ask the team to restart with positive thoughts

Steps to be followed after meeting:

  • Follow up about the dates
  • Follow up on quality
  • Identify the need for hand-holding
  • Motivate throughout

The measure of progress that is most important to track the budget here is remaining duration.

What is a remaining duration?

In a project management, it means the period of expected or required time that is required to complete a particular activity.

When we employ the remaining duration, we need not worry about actual duration or start date, all that is consider is the remaining date to give out the best possible.

Therefore, the Option B is correct.

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