By Dennis Lock
A primer distilled from the author's ''Project Management''. It presents an easy account of the foundations and methods of venture administration, designed to fulfill the desires of the non-specialist. utilizing examples and illustrations, the writer introduces key undertaking administration techniques.
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6 Distribution list A responsible person must keep a list of all those who received the initial issue of the specification. This can be used as a control document to make certain that all holders of the specification receive subsequent amendments. The safest form of control is to b i d the distribution list in with all copies of the specification (although this can occasionally be politically undesirable). Projects which are difficult or impossible to define Most of the procedures and project cases described in this book are written from the project performer's (contractor's) point of 28 The Essentials of Project Managernenf view.
It can be an expensive undertaking (especially for the companies who fail to win the order). It is tempting to imagine the chosen contractor's sales engineers settling down contentedly to write a single, definitive project specification, but the practice is likely to be quite different. The first draft descriptive text, written fairly early in the proceedings, will probably undergo various additions and amendments as the solution develops. It will probably be revised and re-issued more than once.
George is well pleased with the results of his labours and congratulateshimself on a job well done. The company's management is not so pleased. The oft-repeated phrase 'time is money' is as true in project management as anywhere, and it is usually fairly safe to assume that if the planned timescale has been exceeded, so have the budgeted costs. It is apparent that development costs have rocketed over budget in this case. The manufacturing cost per unit has become so high that it will no longer be possible to sell the unit profitably at the intended price.