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Adapting governance for complex projects
...n, it is useful to pay attention to the interaction between governance and complexity in projects. This paper offers insights into methods for dealing with governance in complex projects. This is not a primer on complexity or strategies for dealing with it in general; rather it points readers towards interesting concepts and areas so they can develop their own ideas.Sound governance is a critical component of reliable project success. As complexit...
Read moreRisk management for major procurements
...f urgency. Table 4: Extreme risks for contract negotiation Risk 10.22: The complexity of organisational and schedule relationships leads to inability to assign responsibilities, delay, and potentially project failure. The general complexity of the relationships has major implications for the contract negotiations as well as the conduct of the delivery. Clarifying the relationships in detail will be needed. The development of a Responsibility Assig...
Read morePMI Australia Conference – Adelaide 2016 (PMIAC 2016)
...complex environment. Risk is often described as one of the consequences of complexity although the links between them is rarely explained. At PMIAC 2016 Stephen Grey will describe how we can understand complexity in terms of everyday project work and how we can approach complex projects effectively. Stephen will also describe how well meaning approaches to managing complex projects can set them up for failure. Heroic attempts to lock down scope an...
Read moreWeaknesses of common project cost risk modelling methods
...nd engineering projects presented similar challenges, increasing scale and complexity resulting in rising levels of risk. Specialists were able to assist major projects (Cooper and Chapman, 1987) but many projects did not have access to these services and many more would not even have known that they existed. The rate at which computers eventually came to be used to support projects was dictated by increasing supply, the availability of computing...
Read moreComplex systems methods and ICT projects
Stephen Grey presented an introduction to complex systems and ICT projects at an event in Melbourne in May 2017 entitled 'Agile Thinking: Public Sector Perspectives'. The presentation material can be downloaded (see full post).Stephen Grey presented an introduction to complex systems and ICT projects at an event in Melbourne in May 2017 entitled 'Agile Thinking: Public Sector Perspectives'. The speakers were: Dr Stephen Grey, Associate Director a...
Read moreSupporting property development decisions
...surrounding the forecast outcomes of the project in their decision making. Complexity in development models Levels of detail in models Models for the financial evaluation of property development proposals often have a high level of detail. For example, specialty retail was grouped into one category in the quantitative model used in this case, but development models usually consider the characteristics of specific classes of retail, and sometimes r...
Read moreAwareness and understanding of risk in large public sector projects
...arded as risky. In recognition of both the implications of failure and the complexity of the project, risk management was addressed explicitly as part of the planning and control process. A risk assessment exercise with the project’s management team shortly after its initiation, followed by a major review some way into the project, ensured that the main risks were understood and action initiated to manage them. It also gave the project management...
Read moreQuantifying the risk to software project costs
...development can be completed. For more on this see resources dealing with complexity in software procurement. Regardless of the development approach that will be adopted, organisations need to assess the level of funding that will be required to deliver the capability they need. Details of how that funding will be expended might evolve as the work progresses but there needs to be a rationale for releasing funds and allowing work to start. An esti...
Read moreSpatial modelling of pandemic influenza
...replicate the assumptions of most mathematical models, operating with low complexity, few assumptions, and parameters that could be established without undue controversy. They provided for assessments of relatively generalised policy issues. The more complex models in this case rested on substantially more assumptions and parameters. Their advantage was that they could be configured to examine very detailed research questions. The spatial element...
Read moreBook review: Grant Avery, Project Management, Denial and the Death Zone
...ere balancing the three elements becomes particularly important as project complexity increases. He points to the need for a dramatic change in risk management culture if increased capabilities are not to lead to an associated increase in risk appetite and poorer outcomes. On Everest, that step change in culture was driven by the commercialisation of climbing, with death rates of about one climber for every four who reached the summit, a rate that...
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