Broader Requirements for Natural Resource and Energy Projects?
Studies have shown that inappropriate requirements are the leading cause of project failure. As such, over the past year there has been a concentrated focus within the project management world on the topic of requirements management.
New guidance has been developed and can be found on the PMI website. However, there are a few categories of requirements not discussed that should be considered when it comes to projects within the natural resources and energy sectors. Some may also apply to large-scale linear and municipal infrastructure, where numerous community stakeholders could have an impact on the outcomes of environmental assessment approvals.
This article discusses the consideration of said requirements, the associated risks and opportunities--and presents a compelling case for the reasoning provided.
I previously voiced an opinion that more development projects should proceed with a view that their external stakeholders--and in particular those locally situated near proposed developments who may experience a direct impact from the development--should be treated as clients. That their objections, requests, concerns and suggestions for the project be treated with the same level of emphasis as those of the client who is sponsoring the project. That the risks associated with their concerns be acknowledged and addressed. That is, that these points be
Please log in or sign up below to read the rest of the article.