Implementing Project Portfolio Management: From Organization Structure to Recognized Revenue · Module 10 · Budgeting, Forecasting and Progress
What breaks
Lesson 110 of 198 · 2 min
Seven cases, and the first is the one you will never be told about. One. "Nobody forecasts." THE MOST DAMAGING FAILURE IN THIS MODULE, BECAUSE IT IS SILENT. The cycle is too laborious. Nothing errors. Nobody complains. The forecast field is simply empty, month after month, and the business runs on actuals. Two. "Percent complete is always ninety per cent." Manual entry with no challenge process. A culture problem the system reveals but cannot fix. Three. "Cost-based progress says we are fine and we are not." The cost-based trap, from Lesson 4. Four. "Exception thresholds fire on everything." Not tuned. And an exception view where everything is an exception is a view nobody opens. Five. "The forecast does not include actuals." Generation options. Six. "The variance cannot be explained." No drill path — or the RBS does not align between plan and actual. Module 8. Seven. "The earned value numbers…
The full lesson is part of the course
The video, the complete written lesson and the module quiz are included in Implementing Project Portfolio Management: From Organization Structure to Recognized Revenue, with a certificate on completion and a fourteen-day refund window.