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 Change Control Plans Are Dead  Change Control Plans Are Dead   The Project Money   The Project Money

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Money is a resource. Look up the word resource in your favourite Thesaurus.

It will say something like: -
Noun. Definition: A material or nonmaterial supply that is drawn upon.
Synonyms: Assets, capability, capital, cleverness, creation, device, fortune, hoard, ingenuity, initiative, inventiveness, means, property, reserve, riches, source, stock, stockpile, store, substance, system, talent, wealth and worth.

So, resources are supplies which can be drawn upon. Money is a supply and it can be drawn upon. People are a supply and they can be drawn upon, too. We also know that people cost money and, though there are evident similarities, we know there are some subtle differences between these two resources. Semantic differences are of little interest to us while using the Toolkit. Of paramount interest to us, though, is the topic of management. When we manage resources, which do we manage? Do we manage the money or do we manage the people?

Let us look at this topic. Managing money is important and managing people is important too. Managing their HR needs, their employment records, appraisals, discipline policy, sickness and performance, maternity and paternity rights, equal opportunities, pensions and many other employment issues and legislation need careful attention indeed. What we concentrate on, using the Toolkit, are the management activities surrounding project work and the people management and leadership issues that come with this.

A project manager is primarily concerned, of course, with three basic management elements of a project. These are money, time and quality. We could have continued our theme of using simple mnemonics and called this the money, time and quality Toolkit or the M.T.Q. Toolkit. The Big Agile Toolkit is a much snappier title though and covers our primary project driver. So, we know, it is the people on the project who deliver the outcomes and it is the people management and leadership skills of the project managers who guide and gel the team.

By managing the team, and the team members within the team, we manage the people cost of the project. Day on day, we remind the project team of the primary objectives and this includes our delivery to a fixed end date. Therefore, by managing the team again, we manage the time cost of the project. Day on day, we manage the assessment of deliverables on the project and agree their suitability with our business partners. Therefore, by managing this team again, we manage the quality cost of the project. We will go through each of these topics in turn, managing costs, managing time and managing quality. It is important that, as a manager, we do not lose focus on the important part of our role. This is to manage the people with appropriate leadership and coaching techniques. The first of our project resources, though, is the money.

Right, let us See The Project Money.

 Change Control Plans Are Dead     Change Control Plans Are Dead   The Project Money    The Project Money

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