y question is that who is the float ownership in the project? Please consider that nothing was mentioned in the contract in this regard. Please note that I need a proof that is internationally accepte

ABBASALI NASIRIASAYESH Organization of properties and deeds registration Tehran, Tehran, Iran (Islamic Republic of)

The project is in oil and gas industry

Posted: Aug 28, 2024 6:04 AM (Updated by author: Aug 28, 2024 6:11 AM)

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Kimberly Whitby

PMI Team Member

Online Community Specialist| PMI Newtown Square, Pa, United States

Hello Abbasali - and thanks for posting your question to our online community. Regarding your specific inquiry, I encourage you to do an advanced search using specific keywords. This will generate a compilation of similar discussion and/or article-related threads. Two resources I found that may be of interest are the following:

https://www.projectmanagement.com/articles/284141/what-construction-project-managers-need-to-know-about-float-ownership

https://www.projectmanagement.com/discussion-topic/13318/-quot-whose-project-is-it-anyway--quot----project-ownership-challenges

You can leave a comment at the end for others to see and offer helpful solutions. I hope this helps to get you started!

Also, please take a moment to introduce yourself to PMI’s Online Community at https://www.projectmanagement.com/discussion-topic/193917/welcome--introduce-yourself-to-pmi-s-online-community. All the best!

Posted: Aug 30, 2024 10:27 AM

Thomas Walenta Global Project Economy Expert Hackenheim, Germany

Abbasali,
Schedule float should be owned by the project manager, who owns the schedule and would own any delays. Indeed, float is a concept from CPM and might not be shared in all projects.

I have not seen it mentioned in contracts, but it could be relevant to contract changes if you try to deliver a milestone earlier than contractually promised. A customer might be compelled then to demand a fair share of a cost reduction, which would be part of the negotiations around the change.

Posted: Sep 2, 2024 7:55 AM (Updated by author: Sep 2, 2024 8:00 AM)

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y question is that who is the float ownership in the project? Please consider that nothing was mentioned in the contract in this regard. Please note that I need a proof that is internationally accepte

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