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Project Management Best Practice 1 – The Project Management Intensity Continuum
Any amount of management represents an overhead expense to the endeavor to which the oversight is applied. Therefore, it is critically important the amount of management applied is limited to that which yields an increased overall product value and not so much that overall value is diminished. This balance between applied management intensity and overall valued added is represented by the Project Management Intensity Continuum.
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Thanks, Nathan. I had been looking for a posting or contribution like this in teaching my PM Essentials class. PMI always talks “diligence” but they never provide the next step and provide some intelligence or guidance as to “how” to get to the “right level” of diligence as you’ve done here. Nicely done. I may actually blog about this soon, and invite you over to see my blog ScopeCrepe at http://scopecrepe.blogspot.com .
Rich Maltzman, PMP
[email protected]
Hi Rich,
Thank you for the feedback! I’m really glad this posting will be of help to you.
One thing I didn’t mention in this posting was a technique I’ve used in the past as a starting point to determine the amount of project management to apply to a project at its outset. In this approach, we defined a project as small, medium, or large and assigned a project management intensity related to each. The small, medium, and large project designations were assigned based on the project’s:
1. Capital requirements (aligned with the organization’s expenditure approval thresholds)
2. Personnel resource requirements in person hours (correlated on a labor-cost per hour basis to the expenditure approval thresholds)
3. Regulatory risk
4. Business risk
5. Complexity (number of stakeholders – focusing on internal cross-functional and external stakeholders)
I’ll schedule a discuss/product on this technique for sometime in the near future.
Again, thank you for your feedback! I’ll look forward to ‘seeing’ you again on StrategyDriven and on your ScopeCrepe blog.
All the Best,
Nathan
Excellent. In the meantime I will be posting to ScopeCrepe and referencing your posting. Thanks again.
Rich