Project Responsibility Matrix (E)
What is the project? How to select and justify the project? How to plan and execute the project?
Posted: Sep 2010
Once the tasks have been defined and the AoA, Gantt chart, CPM and PERT have been produced for the project, it is necessary to develop the responsibility matrix, in order to define who will be responsible for what part of the project. The project responsibility matrix is suitable solution for this part of the project preparation. The purpose of the matrix is to define each member’s role and assign the responsibility for specific parts of the project.
S = Signature Required
P = Participation Required
I = Input Required
A = Accountable Person
R = Review Required
The project manager signs off. When the project moves into another area, the responsibility for sign off can move to respective team member. The team member who has expert in a certain field relevant for the project is usually accountable for that part of the project. Participation is required from the members of the project execution phase.
Review should be required by those members who will have to sign off at some later point in the project. It would be good to involve someone who may have a more objective view than those who are working closely in that area to review a particular part of the project. This will provide the audit of the process.
Continue on Project Management:
1. Project Management Overview
2. 9 Areas of Project Management
3. Project Lifecycle – 5 Stages of Project
4. How to Determinine a Value of the Project?
4.1. Simple Payback
4.2. Average Return on Investment (ROI)
4.3. Net Present Value (NPV)
4.4. Internal Rate of Return (IRR)
4.5. Cost/benefit analysis
4.6. Time value of money
4.7. Present value of future payments
4.8. Justification of Addopted project
5. Project Planning – Project Charter
6. Work Cascading Structure (WBS)
7. Project Scheduling ( Arrow-on-Arrow and Gantt Chart )
8. Project Scheduling ( CPM and PERT )
9. The Responisbility Matrix
10. Resources and Budget Planning
11. Clasification of Projects