Senior Projects Manager | Field & Marten AssociatesNew Westminster, British Columbia, Canada
Usually the PM is assigned officially following the Project Charter Initiation. Project evaluation and choice among other projects are done prior to this and usually does not involve the PM. Do you believe the PM should be involved in this step and why ? Saving Changes...
Senior Projects Manager | Field & Marten AssociatesNew Westminster, British Columbia, Canada
Jan 07, 2016 8:46 PM
Replying to Naomi Caietti
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Rami:
Great question; a few years ago there was an article on CIO.com called the 7 Wishes of an IT Project Manager. (http://www.cio.com/article/2381839/project...-managers.html) I'll answer your question based on the article; if the top two wishes of most project managers were granted in any organization; the likelihood of project success would be greater. So, should a PM be involved early on in project initiation/planning in my opinion-absolutely yes.
Project Success is not elusive when you have three things at the beginning of a project. (http://kellyprojectsolutions.com/silver-bu...iness-analyst/)
All the best,
Naomi Caietti
www.theglassbreakers.net
Hi Naomi,
Thanks for your great feedback, I appreciate it a lot. I enjoyed going through both of the articles. Very Interesting.
With regards to Wish # 2, it is somehow difficult to keep the same team for different project especially if the organization structure is Projectarized. Yet, it is not impossible and it happened with me and I did my best to keep the same team for two consecutive projects and it reflected very positively on the second project performance.
We can't always get what we wish for unfortunately so we have to make the best of what we have.
Thank you again for your great input Naomi. Saving Changes...
I hear what you are saying. I can agree with part of it but not all. I worked for more than 10 years for International Companies overseas especially in the gulf region (CCC - Don't know if you've heard of it) - Maybe you've done that because as you said different companies different systems, but we never finalized the project Budget without the involvement of the PM. We might put an estimate cost but not budget as the PM plays a pivotal role in budgeting of the project.
Hi
Rami,
It is interesting topic to dicuss. First of all i honour you and your experience. Secondly what is cost estimate and budgeting in your point of view then i answer to your question.
Best regards,
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1 reply by Rami Kaibni
Jan 08, 2016 1:20 AM
Rami Kaibni
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Hi Yassir,
Thanks for your compliments - I also honour your experience and value your input. I don't know how your question is relevant to the subject but to my understanding, below is the answer for your question in details:
Cost Estimating is to determine the monetary resources (Cost) needed to complete all the project works (Activities).
Senior Projects Manager | Field & Marten AssociatesNew Westminster, British Columbia, Canada
Jan 08, 2016 12:47 AM
Replying to Yasir Masood
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Hi
Rami,
It is interesting topic to dicuss. First of all i honour you and your experience. Secondly what is cost estimate and budgeting in your point of view then i answer to your question.
Best regards,
Hi Yassir,
Thanks for your compliments - I also honour your experience and value your input. I don't know how your question is relevant to the subject but to my understanding, below is the answer for your question in details:
Cost Estimating is to determine the monetary resources (Cost) needed to complete all the project works (Activities).
Hi Rami
When you have a number of projects to choose from, finding a project that is the right fit for your team’s skill set, level of competence, and has the best chance of success is difficult. There are various project evaluation methods based on sound logical reasoning to choose a project and filter out undesirable projects with a very low likelihood of success.
In my projects, I often use cost benefit analysis. However, it may be difficult to conduct cost benefit analysis if you dont have enough inputs regarding project parameters. You can use this example to conduct cost benefit analysis for project evaluation. https://www.projectcubicle.com/cost-benefit-analysis-example/ But please note that you need to use NPV while making this analysis
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1 reply by Rami Kaibni
Nov 20, 2019 1:39 PM
Rami Kaibni
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Alice
Thanks for your input - Good Info and while I agree with your point of view, my question and concern revolves around whether to include the PM in such evaluation process of different projects or not. What's your thoughts on this ?
Senior Projects Manager | Field & Marten AssociatesNew Westminster, British Columbia, Canada
Nov 20, 2019 12:52 AM
Replying to Alice Hanson
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Hi Rami
When you have a number of projects to choose from, finding a project that is the right fit for your team’s skill set, level of competence, and has the best chance of success is difficult. There are various project evaluation methods based on sound logical reasoning to choose a project and filter out undesirable projects with a very low likelihood of success.
In my projects, I often use cost benefit analysis. However, it may be difficult to conduct cost benefit analysis if you dont have enough inputs regarding project parameters. You can use this example to conduct cost benefit analysis for project evaluation. https://www.projectcubicle.com/cost-benefit-analysis-example/ But please note that you need to use NPV while making this analysis
Alice
Thanks for your input - Good Info and while I agree with your point of view, my question and concern revolves around whether to include the PM in such evaluation process of different projects or not. What's your thoughts on this ?
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