Hello: Many project managers are measured on "productivity" that I know. For example, the PM's cost should not be more than 20% of the cost of all the other team members.
Although this can vary based on team size, project duration and project type, surely there are some industry statistics out there?
Please identify some sources of industry studies that I can resesarch. Saving Changes...
Hi. Though there is a thump rule of saying 20% of PM cost, it never be a standard.Basically productivity is against the result of the task than of the cost. since the PM is the main resource from day one to delivery maintenance of the porject, his/her cost is calculated from schedule too. Saving Changes...
Mark Price PerryBusiness Driven PMO Evangelist| BOT InternationalOrlando, Fl, United States
Hi Caroline, very interesting post! We, and those we work with, typically measure PMs on a number of performance factors. Productivity being one, and other factors such as quality, communication, risk mitigation, etc, being others. We typically treat the percent of cost of the project manager compared to the rest of the team members as an assignment guideline at time of initiating, but not a performance measure. I too would like to hear and learn from others. Thanks. -- Mark Perry, VP of Customer Care, BOT International Saving Changes...
Anonymous
Sort of along the lines of Caroline's question, I am trying to determine an industry standard/rule of thumb for estimating total labor cost on a "typical" IT project in the healthcare industry. I realize labor hours and the nature of IT projects vary greatly. However, I'm tasked with doing a SWAG on the cost of labor, given a project capital budget. For example, if capital costs (HW, SW) total $10M, what is a ballpark estimate for the related labor cost? Any info appreciated. Saving Changes...
