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Tai - Diary

Six variables / six performance targets


  • Timescales
    The question to ask for timescales is, “When will the project be finished?”
  • Cost
    Projects have to give a return on investment; therefore, the questions to ask are: Are the costs being controlled? and are we within a budget?
  • Quality
    Will the product be usable at the end of the project (in other words, fit for purpose) and are products passing their quality checks?
  • Scope
    Is the scope well defined and clear to all stakeholders? Care must be taken by the Project Manager to avoid scope creep, which is to allow new requirements to be added during the project.
  • Benefits
    Why are we doing this project and what are the benefits? Benefits must be known, clear, and measurable, and the benefits need to be delivered.
  • Risk
    All projects are unique and therefore have risk. How much risk can we take on and how can risk be managed? For example, in a project concerned with building a house, what happens if one of the subcontractors does not show up?




The scope: what is to be done and what will not be included.

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