Drag Cost: Deliver More Value Faster!
November 18, 2025 11:00 AM EST (UTC-5)
Platform: Zoom
Capacity: 5000
Duration: 60 min
Presenter:
Stephen Devaux
Support: Earning PDUs | Tips For Attendees
Overview
Critical Path Drag identifies and quantifies potential project delay with the activities causing it. Similarly, Drag Cost identifies and quantifies the reduction in project value due to such a delay with each activity’s Critical Path Drag. This provides the justification for added resources (one of the hardest tasks for a project manager!). It can also preempt the common occurrence of optional work being performed despite the fact that its True Cost of Work (TCW) is greater than the value it adds (TCW = resource costs + Drag Cost).
Learning Objectives
| This webinar qualifies for the following PDUs: | ||||
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PMP/PgMP
CAPM
PMI-ACP
PMI-SP
PMI-RMP
PfMP
PMI-PBA
DASM
DASSM
DAC
DAVSC
PMI-CP
PMI-PMOCP
PMI-CPMAI
Total
1.00
1.00
1.00
1.00
1.00
1.00
1.00
0.00
0.00
1.00
1.00
1.00
1.00
1.00
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"Impartial observers from other planets would consider ours an utterly bizarre enclave if it were populated by birds, defined as flying animals, that nevertheless rarely or never actually flew. They would also be perplexed if they encountered in our seas, lakes, rivers and ponds, creatures defined as swimmers that never did any swimming. But they would be even more surprised to encounter a species defined as a thinking animal if, in fact, the creature very rarely indulged in actual thinking." - Steve Allen |
