Project Risk Assessment and Decision Support Tools

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IMPLEMENTATION: 1 – Are the intended benefits achievable? 2 – Are customer(s) training needs addressed? 3 – Is any retraining required? 4 – Does the project team appear weak when dealing with customers? 5 – Are ongoing maintenance needs addressed? * Is team in-place before roll-out? 6 – Can the customer sustain the project (or …

CUSTOMER ( IMPLEMENTATION & QUALITY) Read More »

COMMUNICATIONS: 1 – Customers needs are satisfied? 2 – Does the customer want this project? 3 – Does the customer understand the technology? 4 – The customer accepts scope changes? 5 – Is the customer’s corporate culture understood? 6 – Is the customer’s national culture understood? 7 – Is the customer’s religious culture understood? 8 …

CUSTOMER (COMMUNICATIONS & PLANNING, DEFINITION & DESIGN Read More »

EVALUATION: 1 – Does a project schedule even exist? Does is cover (e.g., build, test, upgrade, etc)? 2 – Is the contingency sufficient for this project now and in the future? 3 – Are post project reviews conducted to determine lessons learned? 4 – Are interim reviews conducted? 5 – Was/ is a schedule crash …

SCHEDULE (EVALUATION & APPROVAL ) Read More »

PLANNING & CONTROL: 1 – Are/ were deadlines set? 2 – Are/ were deadlines enforced? 3 – Deadlines are realistic? 4 – Milestones are being achieved? 5 – Deviations are explained? Are any greater than 5% (plus or minus) from plan? 6 – Does a work breakdown structure (WBS) exist? 7 – Was work started …

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SUPPORT – DECISION-MAKING: 1 – Are/were U.S. audit standards used to monitor this project? 2 – Can the organization cost-effectively deliver the project to the customer? 3 – Was is there an over-reliance on the use of contract low bidders? 4 – Are “sunk costs” an issue? 5 – Does the organization’s investment group feel …

COST(SUPPORT– DECISION-MAKING & PROCESS-PAPERWORK/INVOICES/PAYMENT) Read More »

REVIEW AND ANALYSIS: 1 – Does the customer pay on time? 2 – Was a breakeven (B/E) analysis performed? 3 – Any Corruption? fraud? 4 – Were the number (#) of customers/ potential customers determined before the project was initiated? 5 – Does the firm have a history of cost overruns? Is an overrun likely? …

COST (REVIEW/ANALYSIS &PLANNING/SCHEDULING/TRACKING/CONTROL) Read More »

INTEGRATION: 1 – Does the organization easily reach consensus on important issues? 2 – Can this project affect other systems? 3 – Are project’s components compatible with other existing products/ services to be interfaced with? 4 – Any adverse logistical concerns (e.g., excavation, flooding) that may affect the project’s success? 5 – Has potential damage …

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strong>PLANNING AND CONTROL: 1 – Project definition was complete? 2 – Project standards are established? 3 – Planning was completed and then design was begun? 4 – A work breakdown structure (WBS) exists? 5 – The WBS is effective? 6 – A control system is designed? 7 – The control system is being used? 8 …

SCOPE PLANNING AND CONTROL AND VARIANCE REPORTING Read More »

COMMUNICATIONS, REWARD, AND MORALE: 1 – Is there a formal method to resolve differences on the project’s scope? 2 – The contractor readily shares information with the project team? 3 – Does the contractor effectively coordinate with its vendors? 4 – Does project team have easy access to their contractor counterparts? 5 – Does the …

CONTRACTOR’S COMMUNICATIONS ORGANIZATION & PERSONNEL Read More »

PERFORMANCE: 1- Are overhead costs properly applied – and only to straight time? 2- Is scope creep occurring? 3– Is the contractor making timely delivery of deliverables? 4- Do frequent field changes have to be made to accommodate contractor flaws? 5- Does the contractor’s interface work with this project? 6- Does the contractor receive any …

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