Chapter 9 ideas

A project contains three elements: cost, schedule, and quality, each one is equally important to another. How to balance between each of them is a skill that a PM needs to learn.

A number of ways of balancing the project at the project level:

1. Reestimate the project.
2. Change task assignments to take advantage of schedule float.
3. Add people to the project.
4. Increase productivity by using experts from within the firm.
5. Increase productivity by using experts from outside the firm.
6. Outsourcing the entire project or a significant portion of it.
7. Crashing the schedule.
8. Working overtime

For me, I will rather working overtime than adding more people to the project. The same people working on the same project have more understanding both to the project and each other. There are fewer distractions in the workplace. Unless the new people are familiar with the project, it will end up wasting more time on training and practicing, it is not an efficiency way to make the project better.

I will avoid outsourcing the entire project or a significant portion of it. Every project is different from each other, and there is always something can be learned from. Time-wise this might be a way to solve the problem temporary, but for long-term, it might damage the company's capacity and image.