Project Risk and Complexity
Once the Project Reporting Requirements are known, the final step in the Project Classification process is to determine the project's risk and complexity. Working under the model that the level of project management should be scaled to the size and complexity of the project, Mason has defined four specific complexity levels, each with its own project management requirements. This way, smaller, less complex projects require minimal formal project management while those large, complex projects require a more formalized project management structure. The four complexity levels are: Basic, Low, Medium, and High Complexity. The project complexity is calculated from a subset of the questions on the Mason Risk and Complexity Model; calculations are based on the weighted responses to 25 of the 30 questions that comprise the model. The questions ask about the project's cost, schedule, user involvement, data conversion, past experience, commitment level of the team, etc. Each response carries a point value and the total point value determines the project's complexity. The following diagram outlines the basic process for determining the complexity.
Project Risk is used to identify potential trouble spots with the project as they relate to project budget, dependencies on external factors, management understanding and buy-in to the project goals, impact of failure, etc. The questionnaire leverages many of the same questions from the complexity as well as a handful of others to develop a risk score for each category, and the overall project. By identifying these areas up front, they may be addressed early on, helping to better position the project for success.
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