Elevate Construction Ep.1224 - Takt Planning Book - Chapter 2
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Dec 5, 2024 This discussion dives into the significance of identifying key milestones in construction projects, such as the Notice to Proceed and financial completion, crucial for tracking costs. It also sheds light on TACT planning approaches, detailing two methods for creating effective project timelines. The emphasis on data-driven end dates and the importance of robust project planning make for a captivating exploration of strategies that enhance construction efficiency.
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Project Milestones
- Identify milestones for your first project, marking starts and stops of phases.
- Each finished milestone should be preceded by a buffer.
Key Milestones
- Every project needs key milestones: Notice To Proceed (NTP), one-third point, two-thirds point, substantial completion, final completion, and financial completion.
- Research the specific requirements for substantial completion, ensuring all necessary elements are in place.
Tact Planning Flexibility
- Tact planning is flexible. You can start with either a start or end milestone, or both.
- Optimize the plan with zones and confirm it with historical data and risk analysis.