A suggested approach to project management
Produced in partnership with Paul Gilbert and Lawrence Smith of LBC Wise Counsel
A suggested approach to project management

The following In-House Advisor guidance note Produced in partnership with Paul Gilbert and Lawrence Smith of LBC Wise Counsel provides comprehensive and up to date legal information covering:

  • A suggested approach to project management

  1. Structure the project. The initial project definition should be contained within a terms of reference document and agreement to this document should be obtained to avoid any ambiguity. If this is not done, key issues essential to the viability of the project may be omitted or given inadequate attention.

    The project terms of reference is the document that defines what the sponsor expects from the project and the reasoning behind the chosen options and strategies. Typical details contained in a terms of reference document will be:

    1. project sponsor—the person requesting the work and who has budgetary control/authority

    2. project manager—the person to whom the project has been assigned

    3. background/context—a brief description

    4. overall aim—a statement of the direction in which the project will focus its efforts

    5. objectives—in measurable terms the target to be achieved

    6. anticipated costs and benefits—a list of expected costs and benefits identified during project scoping

    7. scope—extent of the project, eg organisational and functional boundaries

    8. deliverables—a list of the project outputs such as reports

    9. milestones—key events in the project that signify completion of deliverables

    10. success criteria—a statement of the critical success criteria

    11. constraints—statement of known restrictions that may inhibit progress, eg resource limitations

    12. assumptions—details of assumptions made in order to progress the project activity