Learn to identify the specific percent complete types and how to use them consistently.
Percent complete (for activities and projects) is one of the most confusing and misunderstood pieces of information in the field of project management and project control. There are many types of percent complete; each has a definition and measures something specific. Percent complete may measure physical work, units completed, cost, time, manhours, or other parameters. It could reflect the baseline or actual performance. Being ignorant in this matter makes you vulnerable to misinformation and misrepresentation. It is of vital importance for the project management team, representing all parties, to identify the specific percent complete types used, understand them well, and be consistent in using them throughout the project and across the organization.
This material sheds the light on this topic in a simple and practical manner. It provides invaluable information to those involved in the management of construction projects.
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