Most organizations increase expenditure authority with each successively higher organizational level. Such budgetary constraints necessitate higher levels of approval for increasingly resource intensive projects; adding to the work required of lower level managers who need to ‘sell’ senior executives on their larger initiatives. Subsequently, circumvention of these often difficult to get authorizations may be sought.
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Project Governance and Management – Too Much, Too Little, or Just Right…
A project’s size often dictates the necessary level of governance and management applied to the initiative. This governance and management typically includes items such as:
required authorizations
level of planning detail
frequency and breadth of communications
Subsequently, accurate estimation of a project’s size during project initiation is essential. But what characteristics should be considered in the project’s size determination and how should the project size criteria for each of these characteristics be identified?
The StrategyDriven Project Size Determination whitepaper provides business leaders with a five step process for establishing project size determination criteria used to establish the amount of project governance and management to apply; ensuring initiatives are well, not over or under managed. These steps are detailed with supporting principles and philosophies; helping users understand the reasoning behind each action.
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About the Author
Michael Bender, author of A Manager’s Guide to Project Management, is Founder and CEO of Ally Business Developers, a consortium of world-class business, organizational, and professional development experts. Michael’s leadership and project and program management experience contributed to projects including the Hubble Space Telescope, NEXRAD – the Next Generation Weather Radar, and air traffic control systems for the United States, the United Kingdom, and Taiwan. He is an American Management Association speaker and guest speaker at DePaul University and the Project Management Institute. To read Mike’s full biography, click here.
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Projects and the organizations supporting them share a key characteristic; they both deploy human, financial, and material resources to achieve defined goals. So like organizations, projects must have specific goals against which the project manager’s decisions and team member actions are focused. Like mission measures, results-based project goals should be defined before work begins and refined as scope and/or circumstances change. Only when this occurs can a project be effectively managed and efficiently completed.
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Project complexity seems to increase exponentially with team size. Larger teams require greater division of work and additional managers and supervisors to oversee these disparate efforts. Subsequently, the number of meetings increases to coordinate and align efforts between work groups, communication with stakeholders, and gather requirements and ideas from the organization’s subject matter experts. Absent meeting coordination, team members and line organization sponsors and participants become increasingly double and triple booked; causing individual frustration and diminishing the team’s effectiveness credibility.
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