Big or small Project – how to know which is which?

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Hi,

many times I heard talking about big and small Projects. Many companies have different procedures for them. Of course procedures are lightweight for small Projects, and heavy for big ones. But, I am not going to talk about different procedures. I will talk about how recognize those Projects.

Almost every company which make differences among big and small project make it by the:

  • Budget – or how much will it cost?
  • Time – or how much will it last?
  • Resources – how many people are going to work on it?

And, for example, decision is:

  • If the Project is under $100.000 it will be considered as small, otherwise it will be considered as big
  • If the Project is under 3 months it will be considered as small, otherwise it will be considered as big
  • If the Project is going to be done under 10 people it will be considered as small, otherwise it will be considered as big

And, frankly, I do not agree with that. YES project can be measured with those parameters, but think about this: RISKS. From my point of view Project is big if it is risky. Let me explain that theory. Let’s say that you are going to upgrade 10 computers to the latest version of operating system. And you need 2 hours per computer. And you are going to be payed $500 per computer. And you need only two persons to do that. So, this is cheap, short, and not people demanding project. According to parameters mentioned above, it should be consider as small. BUT! What if those computers serves as as front end computers in the bank? What if mayor application is running on those computers. And, finally, if this application won’t work, you will get extremely angry customers. In other word, what if this upgrade project is risky? And it is, no matter of budget, time and resources. See where am i pointing at?

On the other hand, if you sold ERP system to company which is subsidiary of another Company. And it follows all processes and procedures as the main company. So, new ERP system is, more or less copy – paste Project. BUT, since we are talking about ERP, and licenses are expensive, we are talking, for example, about $500.000 budgeted Project. Is it big? Well, not exactly.

So risks, risks, risks, are always the primary measure when you think about your Project as big or small.

To be short, and jump in the conclusion at once. If your project is risky, no matter how small your budget, timeline, and resources demands are you should consider it as big!

 

Regards,

Nenad

 

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About Nenad Trajkovski

Location: Zagreb, Croatia Occupation: Project Manager Interests: Project Management and MS PROJECT He was born in Zagreb, Croatia at 1963. After completing his college he started working on projects in different business areas (banking, manufacturing, automotive industry, distribution, oil companies, etc.) developing and implementing ERP systems into different companies. He has got a lot of experience working with people in different business processes and also possesses great knowledge in information technologies and financial services. Today he works as a business consultant, adn Project Manager in PERPETUUM MOBILE d.o.o. Zagreb. He is a regular lecturer for Project Management in MS Innovation Center in Varaždin, Logosoft Sarajevo in Bosnia and Herzegovina and SEAVUS GROUP in Skopje Macedonia. He was named the best lecturer of WINDAYS 2008 while his lecture was also voted as the best. In addition, he was in TOP 10 lecturers at the MS SINERGY 2009 and MS VISIA 2009, 2010. Shares first place as the best lecturer of KulenDays 2009 and 2010 and PMI Conference 2009 in Zagreb. He is also a regular lecturer in the MS Community. He is a Certified Accountant and a PMP (Project Manager Professional) and a PMI-RMP (Risk Manager Professional), MCP, MCT, and Microsoft Certified Technical Specialist - Microsoft Project 2010. From 01.01.2012 awarded with MVP (Microsoft Most Valuable Proffesional - Microsoft Project)!
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