sizing
DESCRIPTION
SizingTRANSCRIPT
Project Sizing Guideline 7 March 2014
Project Sizing Guideline Purpose
This Project Sizing Guideline assists in determining the size of a Project. The aim of sizing a project is to determine the minimum level of project management documentation and governance required to enable the project’s success.
Guideline- Sizing attributes 1. Budget
The following scale is used to determine the budgetary effort required for a project.
Note: The budget rating scale does not apply to construction projects
Budgetary Effort Rating Scale
1 2 3
Budget <100K 100K – 500K >500K
2. Complexity
Complexity is determined by the level of interdependency with other projects and systems.
Note: Links to other systems or projects should be verified with Information Technology Services (ITS).
Complexity Rating Scale
1 2 3 4
Level of interdependency
No links to other systems or projects
A few links to other systems or projects
Moderate links to other systems or projects
High links to other systems
Project Sizing Guideline 7 March 2014
3. Organisational alignment
Alignment Rating Scale
1 2
Operational / Tactically aligned to solve a particular business need or problem.
Strategically aligns to the ANU by 2020 strategy for Effective Organisation, incorporating one or more of the following attributes.
- Excellence in Research
- Excellence in Education
- Excellence as a National Policy Resource
- World Class Staff
- Inspired Students
- Engaged Alumni
- National and International Outreach
- Embedded Access and Equity
- Effective Organisation
- High Quality Infrastructure
4. Stakeholder relationships
Stakeholder relationships are determined by the number of groups who will be affected by the project in some way, whether directly or indirectly. The following scale is used to determine the relationships of a project.
Stakeholder Relationships Rating Scale
1 2 3 4
Targeted Audience
Small subset (within one group or function)
Medium subset (multiple groups or functions of the ANU and/or external entities)
Large subset (larger portions of the ANU plus multiple external entities)
Large group (the entire ANU plus external entities)
5. Risk
Evaluate the risk to the project’s success and the risk to the ANU of undertaking or not undertaking the project.
Risk
Impact 1 2 3
Legal, operational, financial or reputational
Low
Minimal risk (can manage using routine procedures).
Moderate
Significant risks (can manage using standard risk management plan).
High
Major risks (requires senior management sign-off on risk management plan.
Project Sizing Guideline 7 March 2014
Assessment of size 1. If the majority of parameters fall in the upper end of the attribute scale (e.g. ≥ 3) then the
project should be determined as large in size. The exception to this is the alignment rating scale. A score of 2 would categorise the project as medium or large.
2. If the majority of parameters fall in the lower end of the attribute scale (e.g. 1) then the project should be determined as small in size.
3. Project scores that fall in between the measures suggested above, maybe rated as medium in size.
4. It is important to focus on the project as a whole, not on the individual elements of the project.
5. Interdependencies in terms of the links that the project team will need to form and how this is going to impact management of the project, should be considered.
6. Consider all risk aspects of the project combined when determining the impact rating.
7. Remember that the aim of sizing your project is to determine the minimum level of project management documentation and governance required to enable the project’s success.
Project Sizing Assessment Grid Please see example values for a project, defined below (highlighted in red).
Assessment of size- the majority of parameters fall in the upper end of the attributes scale.
Result = Medium project
Category Budget
Complexity
Organisational alignment
Stakeholder relationships
Risk
Description Budgetary effort required for a project
Level of interdependency with other projects and systems
Alignment Rating Scale, Operational / Strategic
Number of groups who will be affected by the project directly or indirectly
Legal, operational, financial or reputational
Measure 1= <100K, 2= 100K – 500K,
3=>500K
1= No links, 2= A few links, 3=Moderate
links
1= Operational / Tactically to
solve a business need 2=
Strategically focused ANU
2020
1= Small subset, 2= Medium, 3= Large, 4= Large Entire ANU plus external entities
1= Low, 2= Moderate, 3= High
This Project sizing assessment
1 2 2 2 2
Project Size Attribute Scale
≥ 3 Large, 2= Medium or Large, 1= Small
Overall Assessment of this Project
Score: 2
Project Size: Medium