Better project requirements save money, time and jobs
With massive multi-billion dollar regional developments underway such as Abu Dhabi's Masdar City and Saudi Arabia’s King Abdullah Economic City, poor project requirements can unnecessarily cause developers and their contractors valuable time, money and jobs, according to a leading project management expert.
"It is ironic that many project managers tell me that they often have too little time to get it right first time, but always plenty of time to do it over again. Study after study shows that it can cost a thousand times more to fix a requirements problem in the execution phase, or even worse after delivery, than if that problem was discovered in the planning phase," said J. LeRoy Ward, Executive Vice President, at London-based Esi International,
Ward, an industry veteran with more than 35 years experience in project and programme management, is holding free breakfast seminars on writing project requirements later this month in both Abu Dhabi and Riyadh. He will discuss the cost and quality impact of poor project requirements and offer a four step process for improving the procedure, to enable an improved requirements capability.
The two breakfast seminars will take place on Tuesday 18 January 2011 at the Al Khozama Hotel, Riyadh, Saudi Arabia, with the Abu Dhabi event planned on Wednesday 19 January 2011 at the Crown Plaza Hotel, Abu Dhabi.
"Are we forever resigned to the fact that poor project requirements are just a part of life and the cos of doing business?" he asked. "It doesn’t have to be this way. I have a proven approach to writing better project requirements taken from my experience in the field and examples from multiple industry sectors. We don’t have to accept the status quo," said ward.
According to Ward, the IT sector leads industry in terms of writing clear concise and achievable project requirements, but in reality no industry sector is totally immune from the problem. To be sure, the construction industry has certainly had more than its fair share of deadline problems and mistakes in the form of cost and schedule overruns, quality issues and unhappy customers due to poor project requirements.
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