3.6 Taking corrective action
Here we will examine how corrective action can be applied in a considered controlled way. The project manager’s role is to manage on a day to day basis, applying minor corrections as required. However, corrections of a more major nature will need referring to higher authority.
This is the reason for allocating a tolerance within which the project manager has authority to make changes or apply corrective action. For example, you, as a project manager, may be allocated 10% tolerance on time and cost on a project worth £100,000 and lasting 25 weeks. You would be authorized to agree to changes worth £10,000 or an overrun of two and a half weeks (see Chapter 4). If, on the other hand, a situation was arrived at where ...
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