Project Assurance: When Is The Right Time?


If you are overseeing a Program or Project, is there a right time or a wrong time to perform Assurance?

To answer that question, we have to consider a few things, such as:
This results in four criteria that we use to influence recommended timing for our clients:
  1. Governance Requirements.  If you need to obtain approval from Project Owners, Sponsors or others than that will dictate some timing.  This could be approval to release funding, authorise the engagement of a supplier or some other governance authority.
  2. Resolve in Due Course.  Depending on what the objectives of the assurance, if you review too early, you will largely identify things that are yet to be done but will be done if you would have performed the review later.  A review like this is largely a waste of time for all involved.
  3. Address Recommendations.  Again, depending on the objectives of the assurance, if you review too late, you may come up with some very valuable findings and recommendations, but there is simply insufficient time to address them without causing some other delay or other impacts occuring. If this happens you just end up being very knowledgeable about your risks but more limited in options as to what to do about them.
  4. Peak Load.  To perform an Assurance review, it takes investment of time by key members of the Program or Project team, plus others across the organisation. If this happens at a peak load time, it may impact on the engagement and availability of those stakeholders you want to gain input from.  It could also take them away from completing critical tasks at a crucial time, resulting in the Assurace Program itself creating risk.  Obviously this is not a good outcome.
Making these assessments does take some know how of how Programs and Projects work, and the causality and dependency linkage between the various parts.  It can also require some sensitivity to the specific needs of each organisation.
As described in the first dot point, above.  All of this is predicated on one thing.  And that is defining the purpose and objectives of the assurance.  And knowing how to best define that is well beyond this post.
Do you have any other criteria that you use?  If so let us know in the comment section below.



Article Written By: Mark Nicholls.

Managing Director, Information Professionals. 
Mark is one of Australia’s most trusted IT Change Management advisors. He also has other entrepreneurial business interests that he operates through MaidenVoyages.








 If you liked this blog check out our other material at Informpros.com
Don't forget to post your thoughts and comments below...

Labels: , , , , , , , ,