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Float

The story behind the negative float in P6

The negative float is a very popular hot topic in the scheduling field and it’s generated when the late dates are less than the early dates and usually it’s accompanied with a delay in the project, and a lot of project management professionals think that the only reason for a negative float is because a constraint that has been used in the schedule. Although the first thing you look for when you see a negative float is the constraints that are applied to the schedule, but that not the only reason that generates the negative float in P6.

Ownership of Float

Ownership of Float

 

BACKGROUND

Who owns the float? The purpose of this article is not to re-invent the wheel and dwell in to the complexity which already revolves around this Million dollar question. However, this question commands utmost respect regarding its gravity when it comes to business implications it can have when not properly responded.

Programme Development & Progress Monitoring

The “Accepted Programme” within the NEC3 form of contract is the fundamental tool for administering and control of time and cost issues within the project. It demands robust monitoring and project management control of the programme much more than other contracts such as JCT etc. Fundamentally, the Accepted Programme looks ahead, not back, and requires a collaborative approach by all parties involved within the project.

NEC3 Programme Requirements

The “Accepted Programme” within the NEC3 form of contract is the fundamental tool for administering and control of time and cost issues within the project. It demands robust monitoring and project management control of the programme much more than other contracts such as JCT etc. Fundamentally, the Accepted Programme looks ahead, not back, and requires a collaborative approach by all parties involved within the project.

Market Place

Primavera P6 and Microsoft Project books, on-line video training courses and training material available from an internationally recognised publisher. Teach yourself using on-line or book based learning or run your own in-house or public courses.
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