Summary and Conclusions
It will be seen from the foregoing discussion that the Project
Management Appraisal can be structured to cover the full range of
functionality of the project management process. It is a powerful
tool which should not be overlooked but which must be judiciously
applied . This is especially true when project success is critical
to the success of the sponsoring organization.
It can and should be conducted early on in the project life cycle.
This can serve to identify short-comings in the planning of the
project, as well as to identify potential internal risks that might
not otherwise have been allowed for.
The PMA can also be conducted to particular advantage during the
project's implementation phases. This can provide confirmation and
confidence to senior management and the project's sponsor that all
is as it should be, or if not, provide a timely warning as to what
should be done, where and when.
With the increasing size and complexity of capital construction
projects today, as well as the increasing incidence of litigation,
new approaches are required to ensure optimum performance. The PMA
process provides this opportunity.
FICE, FEIC, FCSCE, FPMI
© 2001
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