1、Lessons Learned Entry: 1569Lesson Info:a71 Lesson Number: 1569a71 Lesson Date: 2005-06-05a71 Submitting Organization: ARCa71 Authored by: Ronald C. WinterlinSubject: Lack of Project-level Reserves Abstract: The AATT Project was directed, at the Non-Advocate Review (NAR), to not maintain a reserve, w
2、hich significantly hampered the projects ability to mitigate risk and address unforeseen situations. Most schools-of-thought recognize the importance of any project manager maintaining a reasonable reserve for purposes of risk management and mitigation. Having no other option but to re/de-scope in s
3、ome fashion obviously has negative effects on the project and its ability to deliver completely and on time. Description of Driving Event: During the AATT Project, the requirement to re-plan or de-scope the project was necessary to support shifts in customer and stakeholder needs. The ability for a
4、project to effectively and efficiently make significant midcourse adjustments is impacted by the lack of a budget reserve. Lesson(s) Learned: The lesson learned from the AATT Project is to ensure projects are authorized to maintain a funding reserve and this is honored and maintained throughout the
5、life of the project. Often time project reserves are really not what they appear and are not made available to individual project managers granted necessary authority to make and implement decisions regarding their expenditure. Recommendation(s): Obviously, sufficient recognized reserve amounts must
6、 be designated for project management use and preserved, as stated above. Provided by IHSNot for ResaleNo reproduction or networking permitted without license from IHS-,-,-Evidence of Recurrence Control Effectiveness: N/ADocuments Related to Lesson: N/AMission Directorate(s): a71 Exploration Systems
7、a71 Sciencea71 Aeronautics Researcha71 Space OperationsAdditional Key Phrase(s): a71 Air-Traffic Managementa71 Policy & Planninga71 Program and Project Managementa71 Risk Management/AssessmentAdditional Info: Approval Info: a71 Approval Organization: ARCProvided by IHSNot for ResaleNo reproduction or networking permitted without license from IHS-,-,-
