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What are the Techniques to avoid Project slippage? And what is burn down chart?

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LEAN Six Sigma Master Black Belt Certified carrying an overall 12 Years of Experience in LEAN & Six Sigma Initiatives

Hi The slippage or variance in any project mainly falls under the following categories:- 1) Effort Slippage 2) Schedule Slippage 3) Cost Slippage Since your question is generic, I will try to briefly cover the techniques to avoid all types of slippages:- 1) Resource Planning helps you avoid...
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Hi The slippage or variance in any project mainly falls under the following categories:- 1) Effort Slippage 2) Schedule Slippage 3) Cost Slippage Since your question is generic, I will try to briefly cover the techniques to avoid all types of slippages:- 1) Resource Planning helps you avoid effort slippage when the project has less number of FTEs than actually required. In a vice-versa situation, it results in both effort and cost slippage 2) Efficient and effective project planning helps you avoid all three types of slippages. When project team does not strictly adhere to project plan, there is no question of meeting the project goal 3) Risk planning and Management is an important technique to avoid all three types of slippages. Risk management mainly involves risk identification, qualitative and quantitative analysis of risk identified, risk mitigation and response plan etc. Answering your next question, burn down chart is a graphical tool to help project team estimate total efforts against all project deliverables. Work Breakdown Structure (WBS) tool accompanied with burn down chart can truly guide project team to accomplish the task here. Regards Nilesh Bhanushali read less
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