ABSTRACT

This chapter starts with the assumption that progress needs managing. The importance of delivering all project commitments on time should be obvious. Quite apart from inconvenience caused to the customer, late delivery of any project is likely to involve the contractor in excess expenditure through financing work in progress and suffering the fixed costs that accumulate relentlessly with time for as long as a project remains unfinished on the premises. Late completion of a project will have knock-on effects that disrupt the schedules for subsequent projects. Project time is a vital, irreplaceable and expensive resource. All project resources should be managed effectively and time is emphatically no exception.