You are a project manager on a fixed-bid contract. This contract has actually been positioned as a
“loss leader” within your company because it is your first contract with this customer. The hope is
that you can prove yourself to the customer and win additional business at higher margins down
the road. The margins for this contract are very slim.
What would be the best solution to set up in P6 to give you the visibility that you need to minimize
the probable financial loss?
A.
Set a Mandatory Finish constraint at each contractual milestone and track schedule
performance against the constraint.
B.
Set all activities in your project plan to Physical % Complete, and use Remaining Duration to
track schedule performance.
C.
Set all activities in your project plan to Units % Complete, and use Remaining units to track
schedule performance
D.
Set a Must finish By date at the project level, and track schedule performance using float in the
project plan.
Explanation:
Note: Percent complete
You can also update activity status by entering the completed percentage against it.
In the Activity Details screen, you can set the percentage complete for the activity to
be one of these three types:
• Duration: It simply calculates the current date versus the start date and
planned duration.
• Physical: It requires statusing both resource units (remaining duration or
percent complete). This delivers a better representation of progress, but at the
cost of requiring greater detail.
• Units: It requires statusing of remaining units. The percent of delivered units
compared to planned units drives progress for the activity.
May I know if the given answer is correct, and the given explanation doesn’t match with the criteria of question..?
Can any body explain this
Regards,
Naveen