The U.S. Army Corps of Engineers has a goal of delivering high-quality projects, meaning on schedule and at estimated cost. The critical path method (CPM) is a methodology used to manage construction projects by the Corps. CPM enables the Corps and contractors to evaluate the relative importance of task that compete for resources and time. As projects move towards completion reports are available to inform management as to the progress of the projects and predict where resource or time constraints might exist. Timely reporting of constraint issues allows for corrective actions before a serious problem occurs. Contractors to the Corps are required to provide a preliminary CPM report within 30 days of contact award. Project managers and construction managers must explain the initial CPM. Construction foreman must understand the importance of the critical path task and the logic behind the CPM. Every day contractors are required to submit updated plans along with a description of any changes in the task network. In addition contractors must justify any request of extension or construction modifications through the use of the CPM.(Beckman, 1999).
Companies can learn from this example and adopt rigorous project management tracking and reporting methodologies similar to the U.S. Army Corps of Engineers and have internal departments conform to the methodologies. The critical path method is a time proven effective methodology for the management project schedule and cost.
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YouSigma. (2008). “U.S. Army Corps of Engineers Critical Path Method Methodology." From http://www.yousigma.com.