A tool for determining the proportion of a project’s timeline consumed by delays helps quantify schedule slippage against the total planned duration. For example, a project slated for 100 days that experiences a 10-day delay has a 10% delay. This calculation provides a standardized metric for assessing project health and performance against timelines.
Quantifying schedule deviations offers several advantages. It provides a clear, objective measure of project progress, facilitating informed decision-making. Historical delay data enables trend analysis, identifying recurring issues impacting project timelines and informing future planning. Furthermore, this metric can be used to benchmark performance against industry standards or internal targets. Accurate delay tracking allows for timely corrective action, potentially mitigating further delays and associated costs.
