Standard projectproduct

The standard project technique also depends on data from previous projects. In it a table is drawn up that applies two measures of the project so that an estimate for effort or cost can be calculated (see Figure 7.5).

This is similar to a rate card used by sales people to arrive at a price. In this case, the numbers (showing the effort in days needed to complete the exercise) have been refined over a period during which many standard projects have been repeatedly carried out. This produces a matrix that can be used to work out the effort required for future projects.

Figure 7.5 illustrates that this technique can be used not only for projects but for products as well. Many people who work on projects or business as usual do repeatable work that delivers essentially the same products every time which vary only in size or complexity. The table allows them to determine the effort needed on their next task simply by estimating its relative size and complexity. As long as both scales mean something measurable, the estimates can be extremely accurate.

For example, a department supporting computer users in a large organisation was responsible for moving people's desks and computer equipment to a new location and used a form of the table in Figure 7.5. For them, small in size meant that fewer than 10 users were to move,

Standard project/product technique

Size

Low

Medium

High

Small

1

2

4

Medium

3

5

9

Large

5

10

15

medium indicated between 10 and 19, and large referred to 20 and above. Low complexity meant that the users would be moving somewhere else on the same floor of the building, medium indicated that they would be moving to a different floor, and high meant a move to another building. Therefore, when someone wished to book a team move, an early estimate could be provided using the standard project technique.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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