Yes (at the person), and No, because I transition the critical project activities from him to another right now. A big impact to a project is the loss of a PM, or change of personnel on the project. This is a standard risk in PM work and the mitigation plan is to have a transition plan, if he is a good PM, he is well aware of how critical schedules are. Especially his wife's delivery date or expected time period!
Move him off the critical path work for sure or at a minimum (critical path is those activities that have no float and any delay, will delay the project delivery). I would also assign him to activities or another project, that are not in a key role. That way, he can take off as needed, you do not lose delivery of the project or deliverables.
And yes, I would make it part of the discussion if a raise or promotion comes up. Relative or not...









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