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The Periodic Review: Decisions and Action Items
Based on the output of the reports run in Activity 3.1, which corrective action should
Gus select?
253CONSULT PM3-FORECAST-TM
PROJECT ACTUALS & ALLOCATED BACKLOG REMAINING
BILLING TYPE BOT - EOT FUNDED
TM
After meeting with the project team, Gus determines that the current Design Engineer
on the TM project should be replaced by someone with more experience resolving the
issues identified by the team. Gus also decides to allot 20 additional hours to the
System Engineer assigned to that project to expedite the resolution process and reduce
the project team’s need for overtime. After swapping Harriette’s project assignments,
Gus will need to re-run the metric reports to assess the impact of the changes on
profitability and remaining revenue. Finally, Gus will create a Project Note documenting
the findings of the periodic review and assign it to the Contracts Manager.
Corrective Action: Reforecast
1. Update future assignments to replace the existing Design Engineer with a more
experienced resource starting June 16, 2024.
2. Increase the System Engineer’s project assignments by 20 hours for July 2024.
3. Rerun metric reports to assess the impact of the changes.
4. Create a Project Note and assign it to the Contract Manager.
Activity 3.5 – Reforecasting a Project
Log in as Gus Lead (glead/welcome) to reforecast the project using the
documented corrective actions and reevaluate the key metrics.
Activity Steps
LESSON 3: MONITORING AND CONTROLLING PROJECT PEFORMANCE
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