Face aux dépassements de budget d’un projet aérospatial, comment pouvez-vous vous assurer que les étapes critiques sont toujours respectées ?

It is not uncommon for major capital projects to have cost overruns, actually it is becoming a norm in the industry. Assessing the root causes is an important step to evaluate how much is behind using SPI and CPI values; acquring additional funding / time and organizing a "catch-up" strategy would be the next step; implementing the workable catch-up execution with disciplines and decisiveness would be the final stage to ensure the planned in-service date is not delayed by too much. Set up and manage the expectations by having a "risk tolerance" level within your leadership team. Riscor Stochastic Stress Test and Forecasting model was designed for teh train-wreck projects. Good Luck!

To address budget overruns while ensuring critical milestones in an aerospace project are met, I would first conduct a thorough review of the project schedule, identifying areas where cost savings can be achieved without compromising quality. I’d prioritize key milestones and allocate resources more efficiently, possibly reassigning tasks or optimizing processes to reduce delays. Regular progress monitoring and adjusting plans based on real-time data would be crucial. Engaging with the team and stakeholders to maintain transparency and foster collaboration is essential to navigate challenges and keep the project on track despite budget constraints.

To manage budget overruns while ensuring critical milestones in an aerospace project, prioritize key deliverables, streamline processes, and implement strict cost controls. Reassess the project scope to focus resources effectively, negotiate with stakeholders for support, and enhance team collaboration. Regularly reforecast budgets and mitigate risks to maintain progress

When faced with budget overruns in an aerospace engineering project, it is crucial to adopt a strategic approach to task prioritization. The first step is to conduct a comprehensive assessment of the project scope to identify critical milestones essential for achieving the project's core objectives. This involves a detailed review of the project timeline and deliverables to determine which tasks are vital for maintaining progress and which can be delayed or scaled back without compromising the overall success. By focusing on the most critical tasks-such as key design phases, testing procedures, and regulatory compliance-you can ensure that resources are allocated efficiently.

Start by evaluating the allocation of personnel. If necessary, reassign team members to focus on the most critical tasks that directly impact the project's success. For instance, engineers might need to concentrate on essential design or testing phases, while non-essential activities could be temporarily scaled back or delayed. This ensures that the team's expertise and efforts are directed where they are most needed, maximizing productivity without additional costs. Next, consider renegotiating contracts with suppliers and vendors. This might involve seeking better terms, such as extended payment periods, bulk discounts, or even finding alternative suppliers who offer more cost-effective solutions.

As I said above, once we have a proper budget breakdown of our budget (CBS) with quantities and cost rates, we are setting up the way to monitor the commitments we get, in order to calculate the pending cost to come. If we do this regularly, we can anticipate any cost deviation to the project, in order to give us enough time to take corrective measures to try to get the project in budget. Corrective measures as to reassign resources, renegotiating contracts with suppliers etc.

Regularly Cost Reports are the base to help Project Directors to manage the project, helping them to make right decisions to reduce costs or even to redistribute them, as it is necessary. Cost Reports should include (as minimum) Budgets, Commitments, Estimate to Complete and Final Estimated Costs (Forecast), with the proper Cost Breakdown Structure (CBS).

It's always important to monitor and adapt throught a project. I would expect all the above to form normal procedures during a project, thus helping to mitigate program or budgetting issues throught the development stages.