Concept of Momentum Tracking
All we need to do is combine the two previous innovations … and we have a new science with which the Contractor’s Project Execution Team can self-manage: Momentum Tracking.
Application of Momentum Tracking
First we establish the three levels of MCPs and sprinkle them across the Project Schedule. Next, for each Activity Path we calculate and report Performance Intensity against the nearest MCP. By referring to the Performance Intensity associated with a given Activity Path or Path Segment, the Contractor (or subcontractor) can regulate its own performance effort in real time!
Those last three words reflect a phenomenal distinction between Momentum Management and conventional Project Time Management under Dominant Project Management.
- Where the latter reports progress after-the-fact … by statusing the schedule (monthly or even weekly) after the work has been performed, Performance Intensity is an instantaneous, real time feedback that allows the Project Execution Team to speed up or slow down on a momentary basis.
- Where the latter compares actual performance to planned performance (looking backward), Performance Intensity values are correlated to upcoming MCPs (looking forward).
- Where the latter monitoring is performed by an external watchdog (Project Controls), Performance Intensity is an automated feedback loop that allows self-monitoring by the Project Execution Team.