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ashleyfitzsimmons replied to the topic Variance During M&C in the forum Project Management Process and Medical Device Development 7 years, 2 months ago
I think an important thing to add to this discussion is how to adjust things when out of scope – whether it be due to budget or time. An example is in capstone, whenever something takes more time than our schedule planned for, putting us in the negative, we have to make a contingency plan on how we are going to fix it. How my team fixes this is by running things in parallel that were not originally going to be done at the same time. Moreover, an example of doing this with budget is that an unexpected testing cost came up putting us over budget. To afford this unexpected cost, we had to decrease the amount of other materials we planned to order. This was a difficult decision because it decreased the amount of testing we are able to do. Does anyone have other experiences with fixing going out of schedule or budget?