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AG Midgley; London

Expertise in Planning, Scheduling and Delay Analysis in Engineering and Construction

US-GAO

  • Oct 13 / 2014
  • Comments Off on US-GAO
Practice Updates

US-GAO

US-GAO Schedule Assessment Guide

Alan worked with the CIOB to provide expert guidance to the United States Government Accountability Office’s Schedule assessment Guide, published 2016

“The U.S. Government Accountability Office is responsible for, among other things, assisting the Congress in its oversight of the federal government, including agencies’ stewardship of public funds

USGAO cost and schedule guide

GAO Schedule Assessment Guide: Best Practices for Project Schedules

“Simply put, schedule variances are usually followed by cost variances. Because some program costs such as labor, supervision, rented equipment, and facilities cost more if the program takes longer, a reliable schedule can contribute to an understanding of the cost impact if the program does not finish on time. In addition, management tends to respond to schedule delays by adding more resources or authorizing overtime. Further, a schedule risk analysis allows for program management to account for the cost effects of schedule slippage when developing the life-cycle cost estimate. A cost estimate cannot be considered credible if it does not account for the cost effects of schedule slippage.”

“…a well-planned schedule is a fundamental management tool that can help government programs use public funds effectively by specifying when work will be performed in the future and measuring program performance against an approved plan…”

 

 

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