NCOE
PROJECT STRATEGY ASSERTING INFLUENCE
EARLY NCOE’S GOAL IS TO GENERATE BUSINESS VALUE FOR CLIENTS BY DELIVERING PROJECTS, WHICH ARE EFFICIENT IN BOTH CAPITAL INVESTMENT AND LONG-TERM OPERATION.
PROJECT MANAGEMENT REMINDER – GETTING IT RIGHT FIRST TIME We always remind ourselves on the high value of doing things right at the outset of a project and to avoid being pressurised into taking short cuts to meet that ‘must meet deadlines.’
Throughout a project there will always be ‘must meet’ deadlines, some real and others artificial or self imposed. Experience has shown that setting artificial schedule targets has been a significant contributor to poor front end loading (resource requirements) for the smart thinking and definition phases of the project, poor project execution performance resulting in value erosion for external stakeholders. The relationship in the above figure should always be in the back of the project
This phase by its nature is difficult to shorten by adding additional resources unlike the later stages where the project has been scoped/defined and it is clear what the teams outcome is – as per the defined scope. Unfortunately for so many projects, time and time again there is nothing worse than trying to fix something which should have been designed properly in the first place – normal time pressures are the biggest contributor to the introduction of errors in the design. That rush to get the design out the door to keep ‘must meet’ deadline.
NATURAL PROJECT PACE A project does have a natural pace which requires judgement by senior management. The project management process is kept on track by the study team taking into consideration the company’s previous projects to make the right decision on the natural pace of the project.
The correct natural pace in the smart thinking and definition phase of the project is fundamental for the optimum work to get done. Cost and quality also need to be understood and balanced with the project schedule to determine natural pace.
managers mind when they just for a moment consider a ‘short cut’ so they can achieve ‘must meet’ deadlines for whatever reason. The smart thinking and definition phase of the project shown in the figure above delivers the greatest value in a project, one should remember this.
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