Project Feasibility Study

Blog. Comments Off on Project Feasibility Study

The purpose of a feasibility study is to enable us to objectively decide whether or not to proceed with a proposed project. As the name implies, it is an analysis of the viability of an idea. The feasibility study focuses on helping answer the essential question of “should we proceed with the proposed project proposition?” All activities of the study should be directed toward helping answer this question.  A feasibility study is not a project plan. The separate roles of the feasibility study and the project plan are sometimes misunderstood. The feasibility study provides an investigating function. It addresses the question of “Is this a viable venture?” The project plan provides a planning function and outlines the actions needed to take the proposal from “idea” to “reality.” However, a larger feasibility study may be undertaken as a separate project.Read More »


Projects and Change Management

Blog. Comments Off on Projects and Change Management

“If you do what you’ve always done, you’ll get what you’ve always gotten.”

There is no progress without change.  Yet, it is a truth universally acknowledged that “no-one likes change”.  Change freaks us out—probably even more than public speaking.  I once heard it said that the only person who likes change is a baby with a wet nappy.  Change is such an extraordinary, sometimes uncomfortable thing, isn’t it?  So many of us crave it but fiercely resist it, fueling an ever-escalating inner civil war.  While there’s no progress without change, change management has two meanings in the project management lexicon:

Managing project changes (variations) to the scope of a project and is often needed to accommodate risk and altered requirements, features, functions, specifications and performance standards for a deliverable.  Change might also be driven by external factors, such as new contractors, … Read More »



Blog

My latest thoughts on Project Management and life.

BOOK LAUNCH – “Managing Smaller and Medium-Sized Projects”

Authors launching their books sometimes find themselves at a bookstore or other venue surrounded by empty seats except perhaps for their loyal family members,...

Project Durations and Contingencies

Predicting project completion times is one of the challenges of Project Managers. Project schedule overruns are quite common due to uncertainty in estimating task durations,...

Project Cost Estimating

Estimation is notoriously difficult. Projects by definition are unique ventures. We do not have the luxury of “having done it before” enjoyed by our...