Common use of Performance Schedule Impact Analysis Clause in Contracts

Performance Schedule Impact Analysis. Performance Schedule Impact Analysis shall be provided, in a narrative format, for all changes that affect the schedule. Any changes and events which the Buyer does not indicate in the Schedule and Schedule Impact Analysis is assumed to have no affect on the Production Schedule. (1) The Buyer shall provide ongoing Schedule analysis by comparing actual progress to planned progress as identified by the original baseline production schedule and shall report in the Summary Status Report the percentage ahead or slippage of the to date progress. (2) The Schedule Impact Analysis shall demonstrate how the Buyer proposes to incorporate the changes into the Schedule and shall explain the affect if any, on milestone accomplishment, Schedule Critical Path, Schedule logic, resources, and costs and completion date. (3) Failure by the Buyer to include any element of work required for performance of the Contract shall not excuse the Buyer from completing all work within the Contract performance period and/or in accordance with any Contract-required Milestone Date(s).

Appears in 6 contracts

Samples: Contract for Sale of Obsolete Vessel, Contract for Sale of Vessel, Sale Agreement

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