Hi all
Is there a general rule of thumb for how much PM time should be added to a project, e.g. for a consultancy project? For example, for a consultancy project of say 50 days, shall we assume 10% PM time, i.e. 5 days or?
Thanks for replies in advance.
How Much Project Management Time?
Hi Jeanette,
This is a question that has come up before:
Percentage Cost of Project Management
For me, project management falls between 10-20 percent of the total project effort. This is not very scientific, just from my years of experience. I think you need to look at every project on a case by case basis.
Duncan
This is a question that has come up before:
Percentage Cost of Project Management
For me, project management falls between 10-20 percent of the total project effort. This is not very scientific, just from my years of experience. I think you need to look at every project on a case by case basis.
Duncan
I agree with Duncan - 10-20% is the general rule of thumb for most of the more "structured" organizations I've worked in. The last organization I worked with estimated all PM activities at 20% of the overall project effort. Reality may have been a bit different, but that was the plan :)
Brad
Brad