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Extra resources for Competency Standard for Complex Project Managers (version 2.0, 2006)
The business plan defines the program at an overview level with a high-level view of the project schedule and the overall project budget. The business plan also identifies and defines the operational goals and objectives of the project and establishes the reporting framework to be used and the performance management methodology that forms part of that reporting methodology. Additionally, the business planning process identifies the lifecycle management process to be followed and provides the planning basis for the establishment of the project’s gate review framework.
15 Uses a whole of life approach Establishes systems that integrate the ongoing change management of the scope, schedule, estimates, risks and resources and their communication and acceptance by the client, the project team, and key stakeholders Provides assurance that the appropriate critical success factors and ‘trade-offs’ are applied to the project and provide guidance on the formulation of the mitigation plans Obtains stakeholder agreement and commitment to the strategy Specifies and delivers project benefits and realisation P P P P P P C C C C P P P C C P P P P P P C C C C Evidence Guide: Generic - Supporting evidence may include: • Scenario modelling • Risk modelling • Board presentations and business case • Strategic plan © Commonwealth of Australia (Department of Defence) 2006 Apart from any use as permitted under the Copyright Act 1968 all other rights are reserved.
11 Reviews project plans and general documentation for relevance within the project’s changing environment Reviews client objectives and environment Employs double loop learning techniques within the gate review process Monitors project performance through peer and gate reviews aimed at establishing shortfalls against contract performance, technical performance and process performance Reviews / changes KPI to reflect the project stage and changed circumstances Reviews risk register and effectiveness of mitigation/control plans Regularly tests the project budget elements of expenditure, invoicing and cash flow Manages ongoing testing for value for money and fit for purpose Regularly reports to client and stakeholders Provides feedback to projects and teams Monitors client satisfaction.