In the case of the M113 Vehicle Life-Extension Project, the ultimate requirement has been sufficiently flexible to accommodate reduced vehicle numbers, in favour of quality, delivery schedule and budgetary realities. [...] Ultimately, the Project has been adversely affected by a lack of front-end appreciation of complexity and risk; limited project management resources and oversight; and, lack of ongoing assessments of the balance between performance, cost and schedule objectives. [...] This Project has been managed through the matrix by a staff of seven part-time personnel; not enough, considering the complexity and budget of the Project. [...] II/II Quick-Time Review M113 Tracked Vehicle Life-Extension Final – April 2003 REVIEW APPROACH INTRODUCTION This Quick-Time Review of the M113 Life-Extension Project (M113 LE) was requested by the Vice Chief of the Defence Staff (VCDS) and the Chief of the Land Staff (CLS). [...] REVIEW OBJECTIVE The objective is to provide an independent review and analysis of circumstances affecting the budget, deliverables and associated trade-offs for the M113 Vehicle Life-Extension Project.