An integrated approach to risk-based management has a greater chance of success. An integrated plan deserves an integrated schedule. Poor integration will result in counter-intuitive, disconnected, or disjointed plans and schedules. It often translates to inadequate time, cost, and risk management.
Other problems spawned by ignoring integration are flawed quantitative schedule risk assessment, faulty critical path calculation, miscommunication, negatively affected productivity, and decreased achievability. The project might fail to meet its most important objectives.
It is best to include the commissioning and start-up phases of a construction project (and projects of a similar nature) in the integrated schedule. A well-experienced project manager recognizes that the downstream requirements drive the front end. Let us lay out your plan and schedule sequence with the end in mind.
For this reason, the commissioning window of activities should be part of the overall schedule because it drives construction, while construction drives engineering, modularization, fabrication, and procurement. It is clear that the operation effectively calls the shot-affecting sequence to a more considerable degree than any other group.
While many of us understand that Risk-based management involves identifying, assessing, planning, and prioritizing potential risks impacting a project’s success, an integrated approach means considering all aspects of the project—such as scope, time, cost, and quality—simultaneously or in combinations when managing these risks.
We will develop easy-to-understand strategies that address multiple risk factors simultaneously, leading to more effective and efficient risk mitigation. The absence or lack of coordination involving multiple tasks causes misalignment, raising concerns about the project’s success. Disconnected plans and schedules often translate to poor time management, cost, and risks.
An integrated plan ensures that all project elements are aligned, providing a strong and confident understanding of the project’s future. It has a detailed project schedule that aligns with the overall plan and the approved strategy. An integrated plan and schedule help us create a clear path to follow, ensuring that the criticality of the activities is accurate. We will complete the work in the correct order at the right time. Proper integration, plans, and schedules will make the project efficient, cohesive, and connected.
I’d love to hear your thoughts. How do you see this subject on integration?
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ABOUT THE AUTHOR
Rufran C. Frago is the Founder of PM Solution Pro, a Calgary consulting, product, and training services firm focusing on project and business management solutions. He is passionate about providing advice, mentorship, education and training through consultation, collaboration, and what he uniquely calls, student-led training.
Visit our website: www.pmsolutionpro.com
BOOKS AUTHORED BY RUFRAN FRAGO (Available in Amazon)
- Risk-based Management in the World of Threats and Opportunities: A Project Controls Perspective
- Plan to Schedule, Schedule to Plan
- How to Create a Good Quality P50 Risk-based Baseline Schedule
- Schedule Quantitative Risk Analysis (Traditional Method)
- RISK What are you? The Risk Management Poem
PMSP Business Offering 1
PMSP Business Offering 2
Introduction to PM Solution Pro
OTHER BOOKS AUTHORED BY RUFRAN
Three (3) Project Management (Project Controls) Books for Professionals
CHILDREN’S BOOKS AUTHORED BY RUFRAN FRAGO
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