All projects should be delivered in stages, unless they are very small. This provides key checkpoints, sometimes referred to as gates, through which a project passes. This allows for risk to be assessed, and for delivery progress to be assessed.
This is why, some of the most concerted efforts in improving project performance in recent years have been in performing stage end reviews, and catching potential issues before they are too costly or problematic to recover from.
A typical Stage End Project Review will involve any combination of the below as required:
· The completion and approval of key deliverables
· The reliability and use of key project processes, such as risk and issue registers and schedules
· The use of project communications and controls such as meetings and reports
· Areas of project risk, areas of high performance, and any improvement strategies that can be adopted.
For most organizations, with projects being more common now than they used to be, adopting Stage End Reviews are an important progression in maturity and will lift project performance. And doing so in a cost managed way makes a lot of sense today.
This review process can either be consistent with a range of standards that exist, such as OGC’s Gateway review process, as necessary.
This service is a Fixed Priced Service which is well less than 0.3% of most projects, and delivers enormous benefits in protecting your risk, providing leadership to the team, and improving the likelihood of project performance.
And if you need to combine a Post project review and say, three Stage End Reviews in a typical project, this is likely to be around 1% of the total project spend, but priced as a fixed cost. Contact us now to hear more about it.
