Adjust the project plan to reconcile available and estimated resources.
To establish a project that is feasible, obtain commitment from relevant stakeholders and reconcile differences between estimates and available resources. Reconciliation is typically accomplished by modifying or deferring requirements, negotiating more resources, finding ways to increase productivity, outsourcing, adjusting the staff skill mix, or revising all plans that affect the project or its schedules.
Typical Work Products
- Revised methods and corresponding estimating parameters (e.g., better tools, the use of off-the-shelf components)
- Renegotiated budgets
- Revised schedules
- Revised requirements list
- Renegotiated stakeholder agreements