Size DOES matter

As a company defined by our research based pragmatic models and approaches, we work hard at CITI to stay ahead, focusing on current industry challenges that we find interesting. The more difficult the challenge, the more interesting we find it!

Our latest research looks at using industry benchmarks as the basis for a smart approach to correctly sizing the management overhead for projects, programmes and even portfolios.

This is tricky; there are many factors that can affect the size of a project organisation during its lifecycle. So we are proud to be working with some of the world’s most prestigious engineering, defence and infrastructure organisations. We are analysing their actual project data to understand these factors in different environments and get the benchmarks correct.

Over 20 years of research already underpins our practical tools used to right-size governance and project management capability. This latest study extends that work by looking at additional factors to consider in sizing project management overhead. This addresses a very real issue for any company running large projects, where even small percentage errors can represent millions of pounds in overspend.

The research analysis is currently being perfected but already we have a tool that translates the many inputs into a ‘benchmark’ organisation chart with the right staffing levels for all functions and roles connected with the project, which can be tailored using business rules for any organisation’s specific environment.

For further information about this research study, please contact Simon Peach speach@citi.co.uk or call 01908 283600.