This Focused Performance Weblog is a "business management blog" containing links and commentary related primarily to organizational effectiveness with a "Theory of Constraints" perspective. TOC is noted for its applications in Project Management and Multi-Project Management (Critical Chain) and Operations Management (Drum-Buffer-Rope), as well as in Marketing, Strategic Planning and Change Management (TOC Thinking Processes). If you are on an archive page, current postings are found here.
Thursday, April 01, 2004
A Real Olympic Stadium Project -- I often use the phrase "Olympic stadium project" as shorthand for a project that has a lot riding on a specific completion date (as opposed to an "oil well project" whose value is subject to asap completion). I just got an email asking for comment on a real Olympic Stadium project...
"But the major worry is another day will be lost on Wednesday [due to a general strike in Greece] in the race to finish building before the Games open in Athens on 13 August [...] It is now predicted, for example, that the main stadium will not be completed until 20 July."
I hesitate to wade in on the subject without more intimate knowledge, but given the history of delays and overruns, a three-week buffer against three months of projected remaining work that requires round-the-clock attention is worth watching carefully.
posted by Frank - Permanent Link -
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