ABSTRACT

The Dynamic Progress Method (DPM) aims to remove the flaws from project planning because they are big contributors to the mismanagement of many projects. In an effort to understand how the DPM can be used on projects, it is important to first understand the overall framework within which we are working. Management policies, also called management actions, are the feedback mechanisms that control the project and determine what actions a project manager can take to improve project performance. In many situations, the DPM and the program evaluation and review technique/critical path method provide different schedule and cost estimates for the same project. The ideas of a strategic-level project model and a rework cycle have been highlighted because the system dynamics model used by the authors in pmBLOX differs along the lines. The task-level models produced so far are restricted to a specific project size and/or structure. These models were typically developed as a consulting engagement on a specific project.