The Construction Industry Institute (CII) recently released a new front end planning tool to help small industrial projects improve scope definition - PDRI for Small Industrial Projects.
One of the elements of their research in developing this tool was defining 'small industrial projects'. Their recommendation is to focus on nine complexity indicators:
Total installed cost
Construction duration
Level of funding
Project visibility
Number of core team members
Availability of core team members
Extent of permitting
Types of permits
Number of trade contractors
For those managing industrial projects, how does this compare to how your organization defines 'small industrial projects'?
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Sandra, I feel this is a very valuable contribution to this forum, I have gone through the referred link and found it interesting as size of project is usually determined by the industry and this time construction industry has come up for a standardized determination of size. I like the way they have used these complexity indicators and I think we should do almost the same kid of determination for projects in other industries.
I suppose every industry and for that matter every organization has their own definition of the size of the project, In IT we have project sizes defined by duration, budget, importance and expertise. Even for construction industry, they always had their own scale to measure the same. Because I deal with diverse projects as a consultant from several industries, so I try to understand the industry conventions before starting work on any project. Saving Changes...
Alexander PetkovSenior Project Management Consultant| Intys Brussels, Belgium
Once I applied for a job vacancy and the person who lead the interview said that his company in not interested of taking project with budget less than 100M euro.
In my company, Senior Management of the company based on their Expert Judgement and Portfolio / Program Management decides about project size but mostly is budget, total manhours and/or risk.
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Alexander PetkovSenior Project Management Consultant| Intys Brussels, Belgium
Once I applied for a job vacancy and the person who lead the interview said that his company in not interested of taking project with budget less than 100M euro.
In my company, Senior Management of the company based on their Expert Judgement and Portfolio / Program Management decides about project size but mostly is budget, total manhours and/or risk.
Saving Changes...
Tim PodestaDirector of PM/PMO| Former BP- now IndependentPenn, Bucks, United Kingdom
For me a small project is industry specific. In the oil and gas industry the scale of major projects and the basic cost of some project activities - such as day rates for subsea vessels and typical offshore working costs - mean that the industry view of what is small is very different to other industries. Saving Changes...
