Importance of Project Schedules Managers often cite delivering projects on time as one of their biggest challenges Average time overrun from 1995 CHAOS report was 222%, improved to 63%in 2001 study Time has the least amount of flexibility it passes no matter what Schedule issues are the main reason for conflicts on projects, especially during the second half of projects 2021/2/212021/2/21 5 Importance of Project Schedules ◼ Managers often cite delivering projects on time as one of their biggest challenges ◼ Average time overrun from 1995 CHAOS report was 222%; improved to 63% in 2001 study ◼ Time has the least amount of flexibility; it passes no matter what ◼ Schedule issues are the main reason for conflicts on projects, especially during the second half of projects