Optimizing Contracting Strategies
In order to manage successfully a project, certain perspectives need to be covered.
- Purpose
- People
- Complexity
- Uncertainty
This article briefly explains the tools that can be used to analyze each perspective.
Contents |
Purpose
Vision Statement
SMART goals
Project Charter
Value Proposition Canvas
Project governance framework
Business Case
Key Performance Indicators (KPI)
This tool represents a quantitative measurement of a company's efficiency. It evaluates their success at achieving key business objectives and reaching specific targets. KPIs can be applied of different level, depending on the process they focus on. These assessments frequently help identify potential improvements, which then often lead to initiatives to improve performance.
People
Value Proposition Canvas
For further information refer to the following DTU wiki link. link
Complexity
Complexity happens when too many parts come together and it becomes difficult to structure and organize the activities, portfolio and cost flows. In order to manage the situation, the first step to take would be trying to break down the main tasks. Once smaller tasks are gathered, it will be easier to focus on their complexity individually. It is convenient to break down each task as much as possible so even if this will create many starts treating them as smaller individual tasks.
The following tools are used to break down the situation.
Contracting and procurement
Uncertainty
The Triple Constraint in Project Management
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