1 Managing the Rework Cycle not the Schedule - A Project Management Paradigm for the Future?

Many projects fail to deliver against their targets because conventional project management techniques are failing to cope with the project's dynamic environment, complex interactions and the multitude of ‘soft’ / people issues. If conventional techniques do not cope with the complicated factors that affect our larger projects, are there any better methods? This paper demonstrates that better management of the rework cycle and application of dynamic project modelling technology can provide a more robust means of controlling complex projects than many of those in common use today. Combining this insight with the capability of anticipating and managing complexity through dynamic project modelling offers tomorrow's project managers the ability to build more robust programme plans. Project managers will then be better able to cope with pressures present within the project's environment and to respond more effectively to change. This understanding of the rework cycle and application of dynamic project modelling offer a new and more powerful project management paradigm for the 21st century.