Lifecycle Variables
I have written a couple of posts now (here and here) about the new PMBOK v4 guide due out soon. One of the new graphs included helps describe how project characteristics change over the project life time. The top blue line of the graph is used to illustrate how Stakeholder Influence, Risk and Uncertainty start off high and then reduce as the project progresses. The Escalating orange line illustrates how the Cost of Changes increase dramatically over the project timeline. Quite a lot has already been written on flattening the Cost of Change curve within agile, so I will leave that for now and focus first on the top line. Before discussing ideas such as how ongoing business input in, […]
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