Summary of the hand of project management | Remco van der Schoot
Risk attitudes are individual, group, corporate and national levels.
INTERFACING PROJECT RISK WITH WIDER ORGANIZATION
Projects are often used as the change vehicle to deliver the capability
which leads to the required benefits (creating value for the
organization and its stakeholders).
- Therefor it is important for projects to be coupled to strategic
objectives of a company.
Programs their purpose is to deliver strategic benefits.
- Sits between project and strategy level.
Program risk management must include:
- Escalated & aggregated component risks
o Such as a failing project
- Program risks
- Delegated strategic risks
2.6. HOOFDSTUK 22 – PROJECT START-UP (P.357-363)
2.6.1. OBJECTIVES OF START -UP
Necessary conditions for project success are to have the key stakeholders and project team agree on:
- The project objectives
- The critical success factors
The project start process helps with getting a complete understanding of the project so the project team can
complete it efficiently and effectively. Objectives of the project start-up are:
1. Agree upon the business objectives
2. Agree upon the objectives of the project and the strategy for its implementation
3. Develop and agree the plans for implementation of the current and future stages
a. Including people’s roles
4. Agree upon the project management method and control process
5. Get the project team functioning
6. Brief the new team members
Shifts from problem identification and problem solving, to negotiating agreement in the middle, to briefing new
member on existing agreements at the end.
2.6.2. METHODS OF START -UP
Three methods of start-up: workshops, reports, and ad-hoc assistance
REPORTS
Reports are produced in one stage of the project and can be used to help launch the next stage. There are two
specific reports:
- The project definition report -> is a result of the feasibility study
- The project manual -> a complete description of how the project is to be implemented
o Contains a complete design and project plan, detail drawings and plan and data.
P a g i n a 30 | 35
Risk attitudes are individual, group, corporate and national levels.
INTERFACING PROJECT RISK WITH WIDER ORGANIZATION
Projects are often used as the change vehicle to deliver the capability
which leads to the required benefits (creating value for the
organization and its stakeholders).
- Therefor it is important for projects to be coupled to strategic
objectives of a company.
Programs their purpose is to deliver strategic benefits.
- Sits between project and strategy level.
Program risk management must include:
- Escalated & aggregated component risks
o Such as a failing project
- Program risks
- Delegated strategic risks
2.6. HOOFDSTUK 22 – PROJECT START-UP (P.357-363)
2.6.1. OBJECTIVES OF START -UP
Necessary conditions for project success are to have the key stakeholders and project team agree on:
- The project objectives
- The critical success factors
The project start process helps with getting a complete understanding of the project so the project team can
complete it efficiently and effectively. Objectives of the project start-up are:
1. Agree upon the business objectives
2. Agree upon the objectives of the project and the strategy for its implementation
3. Develop and agree the plans for implementation of the current and future stages
a. Including people’s roles
4. Agree upon the project management method and control process
5. Get the project team functioning
6. Brief the new team members
Shifts from problem identification and problem solving, to negotiating agreement in the middle, to briefing new
member on existing agreements at the end.
2.6.2. METHODS OF START -UP
Three methods of start-up: workshops, reports, and ad-hoc assistance
REPORTS
Reports are produced in one stage of the project and can be used to help launch the next stage. There are two
specific reports:
- The project definition report -> is a result of the feasibility study
- The project manual -> a complete description of how the project is to be implemented
o Contains a complete design and project plan, detail drawings and plan and data.
P a g i n a 30 | 35
