Vince DelPidio

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Vince DelPidio, CQEMBA '14

May 24

Written by: Vincent DelPidio
5/24/2013 8:09 AM  RssIcon

On a day when I was going to come out of EMBA Blogger hibernation to post about Visa/Mastercard and Antitrust, I had an email conversation that I just can't help but get into the MBA Blogosphere.  No names, to protect the ignorant. 
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I was curious to know how many hours per week you all typically allocate for each project stage? For a new project, our Project Manager is breaking down the budget and planning the projected hours per week, and we weren’t sure what the typical time commitment is for my role throughout the project life cycle.

Thanks!

XXX [name redacted]

There’s no right or wrong answer to this. It’s whatever meets the needs of the project at the time. It’s flexibility that is important.

YYY [name redacted]

I really think we need to get out of the habit of attributing everything to “it depends”.  I know we need latitude to deviate in most tasks, but I still think we can take a quantitative approach.  If I were doing the resource allocation, I would look at the hours spent on previous projects, decide on an index, look at the mean allocation of hours and determine confidence intervals that are acceptable for T&M and fixed price work.

Vince

There are too many variables and outside influences to be able to take an arbitrary quantitative approach. We’re not in a ‘one size fits all’ environment… YYY [name redacted]
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My apologies go out to Roger Wright and Andrew Davis, who surely felt a unusual disturbance in the Modeling Force.  I have failed you.

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Categories: Student, CQEMBA
Location: Blogs Parent Separator Vince DelPidio

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