Before You Perform a Time Impact Analysis . . .

Many organizations, as they are considering the impact of a considered change to a project, perform a Time Impact Analysis (TIA).  A time impact analysis is a scheduling technique that models the change being considered and its impact (cost, time, resources) on the schedule.

Any article you read on performing a TIA stipulates as a requirement that your schedule must have a valid critical path. 

But what does “valid” mean?

In this context, “valid” means high quality.  Are the activities linked together properly?  Are constraints being used properly and only where necessary?  Are relationship types, lags, and leads being used properly?  Is there hidden trouble (e.g. negative float) that isn’t being addressed?  Does the schedule have the proper level of detail?

All of these questions help assess whether the critical path can be trusted.

As the Russian proverb made famous by President Reagan goes, trust but verify.  Large corporations are required to have a system of internal controls for their finances.  At Steelray, we believe that they are needed for project schedules as well.

Does your organization have internal controls for schedules?  Let’s talk!