Project Management

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When do you take corrective action?

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Frank Patrick Boonton, Nj, United States
In my critical chain world, I have buffer management to tell me when to consider and/or take corrective actions to recover a project that is in jeopardy. I've been trying to compare this approach with others, and have failed to find any consistent guidance, other than fuzzy threshold limits in EVA and seat of the pants judgement embedded in some risk assessment approaches.

How do others determine that things are going wrong enough that something extraordinary must be done?

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