Planning for contingencies


Problem:

As stated earlier the Work Breakdown Structure (WBS) is one of the most important tools in Project Management. Understanding the project at a detailed level is the key to developing a roadmap to success. Remember that, by definition, projects in general are unique, complex, multi dimensional undertakings which require a variety of resources and a different set of management tools to monitor and control. Therefore understanding of a "one time event" is equivalent to being able to see into the future. Most large projects are usually entering uncharted territory which is why they carry so much risk. To mitigate this risk tools such as the WBS were developed to break the project down into smaller, more familiar or standard tasks which collectively add up to a new complex "project". Once the WBS has been broken down into smaller pieces of work it is then necessary to manage each of these smaller pieces the same way you would manage the project as a whole. In effect each work task is a "mini" project. Obviously it is easier to manage a small task which is only a few weeks in duration but when there are fifty or a hundred of these small tasks going on simultaneously is where the project management system must be ready. Organization structure and delegation of responsibility is key to being able to monitor and control large undertakings. Granting of authority and demanding accountability is a balance that many organizations struggle with. It is a difficult formula for success that is variable from project to project and organization to organization. Culture, politics, economy, environment, and technology are major variables that are often working against us. Project management tools have evolved over the years to mitigate these forces and gives us at least a fighting chance for success.

With regard to planning for contingencies...Would you plan at the top level of the WBS or the lower levels of the WBS? Why or Why not?

What would be the difference? Would you develop contingency plans at the work package level?

1000 words, three references.

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Project Management: Planning for contingencies
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