[AA] Why Should This Project Start?
It's all about the value of the time spent on the project
The proportion of time needed for the project against time wasted.
The Project Control Venture recognises that there is widespread deficiency in the way projects are run. Don't believe what the average Project Team representative will tell you about his project, that it's on track, on budget, that the people on the project are fully behind the project mission, and that morale is at an all time high.
If you revisit these people at six monthly intervals, you will hear them all make the same speech but about a project that is often substantially different at each six month stage to what it was before.
Projects move on, they grow, the spending continues and reaches a point at the end where everything is done, all deliverables delivered, the gas production facility (to use an example) is all finished and operational.
And the whole thing has cost a certain amount, let's say 3bn (that's 300 million). The accountants take that figure as the cost of a production facility of that type. Other similar facilities are built with that figure as a kind of template.
But there's a big question here. Does it really need to cost that much? Well there's nothing much we can do about the cost of materials (steelwork, concrete, cables etc) but for the operational cost of running the project, costs related to people (time billing, stationery, heating, lighting, food) the question of how much is 'needs to be spent' is significant. A badly controlled project will take longer to complete and use more resources than a well run project.
This project - the project control project, needs to start, as a first step to reclaiming billions of unnecessary spend from the world's projects.
 
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