Project trade-off analysis

A “trade-off analysis” sounds scary or even criminal and customers might read it as “You mean I won’t get what I want?”  And yes, the customer may not get everything they want – it’s a matter of priorities.

A “paired comparisons” matrix is a useful tool for establishing project objective priorities.  To complete the matrix we have our client compare each of the four key project objectives against each other objective and in each instance record on the matrix the more important objective, then sum the number of times (score) each objective is recorded to determine objective priorities.  For example, we might find that our project is time-driven, in which case no work package should exceed a specific duration (say two weeks) to enable us to monitor with some accuracy schedule progress and take timely corrective action as need be.  Also, … Read More »



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My latest thoughts on Project Management and life.

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