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Identifying Points of Vulnerability in a Feasibility Study

By Olivier Mesly October 7th, 2015, 11h15

PMI Montréal Symposium

Olivier Mesly is professor at Université Sainte-Anne in Nova Scotia and

associate professor at UQO

Note: Toutes les photos de la présentation entière sont la propriété exclusive d’Olivier Mesly et ne peuvent en aucun

cas être utilisées sans son autorisation écrite.

TODAY’S PRESENTATION

Speaker

Introduction

Points of Vulnerability

The 4 P’s of project management

Conclusion and questions

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SPEAKER

Author

Professor and consultant

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Introduction

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Note: Toutes les photos de la présentation entière sont la propriété exclusive d’Olivier Mesly et ne peuvent en aucun

cas être utilisées sans son autorisation écrite.

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WHY POV’S?

SEA CREST FISHERIES

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“ We’ve had to expand our plant every

year for the last five years, It’s a good

problem to have. Business is good.”

Brian Saulnier, president of SCF

WITH GROWTH…VULNERABILITIES

Sea Crest Fisheries Ltd. Herring Mink food

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A NEW PROJECT

HERRING MINK FOOD

SEA PRODUCTS LAND PRODUCT

EXPORTS LOCAL SUPPLIERS

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POV’S

inputs

output

Transformation

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fish, poultry, pork and grain

FOOD (MINK)

inputs

output

Transformation

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contamination

POV’S

RISKS

SOCIO-CULTURAL (EXTERNAL)

Environnemental

Technological

Marketing Organizational

Politico-legal

Financial

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RISKS AND VULNERABILITIES

RISKS

POV’S |

U (DP)

RISKS = K / POV’s

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RISKS AND VULNERABILITIES

RISKS

POV’S |

U (DP)

A

B

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RISKS AND VULNERABILITIES

RISKS

POV’S |

U (DP)

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RISKS AND VULNERABILITIES

RISKS

POV’S |

U (DP)

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RISKS AND VULNERABILITIES

RISKS

POV’S |

U (DP)

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CALENDAR

COSTS

NORMS

V

P

M

D

R

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4 P’S

inputs

Plan

Power

(…) Processes

People

Mechanical

Human

PMBOK FRAME

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CRITERIA P

A CHANGE PROCESS PROCESSES

A SCOPE PLAN

METICULOUS PLANNING

GROUP OF MANAGERS

POWER

MEASURES OF SUCCESS

CONTROL SYSTEM

PMBOK FRAME

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CRITERIA P

A CHANGE PROCESS PROCESSES

A SCOPE PLAN

METICULOUS PLANNING

GROUP OF MANAGERS

POWER

MEASURES OF SUCCESS

CONTROL SYSTEM

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PROBLEMS IDENTIFIED BY MANAGERS % 4 P

LACK OF COMMITMENT 59

PERSONS AND

POWER COMMUNICATION MISHAPS 54

CONFLICTS 35

INSUFFICIENT RESOURCES 69 PROCESSES

AMBIGUOUS GOALS 67

PLAN

NON REALISTIC DEADLINES 63

POOR PLANNING 56

INAPPROPRIATE CHANGES 42

Sourc

e: M

ered

ith e

t M

ante

lé (

2009

)

4 P’s

extrants

Transformation

Ceilings (costs)

Floors (Norms of Q)

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CLOSED DYNAMIC SYSTEM

Walls (calendar)

4 P’s

extrants

Transformation

Ceilings (costs)

Floors (Norms of Q)

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Walls (calendar)

POV’S

FPnc

extrants

Transformation

Ceilings (costs)

Floors (Norms of Q)

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Walls (calendar)

POV’S

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INNOVATIVE

UNIQUE

STAKEHOLDERS

TECHNICAL CHALLENGES

CALENDAR

OPPORTUNITY FOR PROFIT

POV’S

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PROJET

BOK

o PRODUCT

o SERVICE

o PROCESSES

o RESEARCH

IMPACTS (+ OR -)

TANGIBLES

POV’S

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Plan and

Processes

Impacts

Products

BOK

Transformation

People and

Power

Mechanical

aspect

Human aspect

POV

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A model

FEASIBLE ?

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• FRAMES OF ANALYSIS

• 4 P’S

• QUESTIONNAIRE

FRAMES OF ANALYSIS

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• DEFINITION

• CONTEXTUAL FRAME OF RISKS

• POTENTIALITY

• PARAMETRIC

• KSF AND KFF

PROJECT

PEOPLE

PLAN

PROCESSES

POWER

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Control

Transparency

Fairness

Trust

Collaboration

Commitment

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Collaboration

Distance

Fairness

Commitment

Control/

Transparency

(I +)

(I ±)

(I +)

(I +)

(T)

(T)

Costs

NQ Calendar Project

(C+)

Trust (t)

Questions

THANK YOU !

Olivier Mesly 36