Mike Sledge Interview: Part 8: Dollar at a Time

Last Updated on Wednesday, 25 January 2012 09:38 Written by Jim Johnson Friday, 03 February 2012 08:01

Interview with Mike Sledge, Chief Executive Officer, Robbins-Gioia. Mike: “Projects get behind a dollar or a day at a time. My observation is they get behind because people cannot make decisions. Therefore, it is important to establish a process that enables you to quickly gain the decision information you need. For example, if you have to decide on a baseline change, you would want to know the reasons for the change; how it will affect the cost, time, and scope of the project; and alternatives to and trade-offs from the change. Let’s face it, you will never have 100 percent of the information you would like, but you need to make timely decisions. Quickly establish the minimum set of information and the means to collect the data you need to evaluate the trade-off decisions. If you do not, you will waste time, burn money, and get deeper into the hole.”

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