What is Construction Project Recovery Schedule? |Revised schedule|
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What are Following Project Schedules
Project Recovery Schedule
Project Revise Schedule
What is the difference between recovery plan and revised plan?
Therefore, the main difference between the revised plan or schedule and the recovery plan or schedule is that the revised plan or schedule changes the original completion date while the recovery plan or recovery schedule does not.
When Execution and Planned work difference or slippage is so much that the project completion date is no longer realizable, the client may request, and the contractor may submit a revision of the schedule with a new, realistic completion date.
This is the revised schedule. It becomes the new or revised baseline schedule upon approval by the client.
If the slippage is such that the project team still believes that there is a realistic chance of completing the project on time by taking additional measures,
Then the contractor may be requested to submit a recovery schedule.
The recovery schedule outlines the strategies and measures that the project team intends to take to bring the project back on track.
Such measures may include fast-tracking – performing activities in parallel instead of in series as earlier planned.
It can also include crashing – adding resources or working overtime, at no additional cost to the client.
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