Post Project Evaluation

Post Project Evaluation

Post Project Evaluation

Post Project Evaluation is a critical process in the Project Closeout Lessons Learned phase. It involves a comprehensive review of the project's performance against the planned objectives, budget, and timeline. This process is strategically important to BEC Arabia as it helps in identifying areas of improvement, enhancing future project planning, and maintaining a high standard of professionalism and efficiency.

Steps for Post Project Evaluation

1. Project Performance Review: Compare the actual project outcomes with the planned objectives. Identify any deviations and their causes.

2. Financial Review: Analyze the project's financial performance against the budget. Highlight any cost overruns and their reasons.

3. Timeline Review: Evaluate the project's timeline performance. Identify any delays and their causes.

4. Quality Review: Assess the quality of the project's deliverables against the set standards.

5. Stakeholder Feedback: Gather and analyze feedback from all project stakeholders.

6. Lessons Learned: Document all the lessons learned from the project for future reference.

Compliance and Regulations

The Post Project Evaluation process aligns with KSA laws, BEC Arabia’s internal compliance policies, and international construction standards. It ensures:

• Compliance with KSA's mega project requirements.

• Adherence to BEC Arabia's project management standards and workflows.

• Alignment with international construction standards for mega projects.

Metrics and KPIs

Key Performance Indicators (KPIs) for Post Project Evaluation include:

• Project Performance Index (PPI): Measures the project's performance against its objectives.

• Cost Performance Index (CPI): Measures the financial efficiency of the project.

• Schedule Performance Index (SPI): Measures the efficiency of time management in the project.

• Quality Performance Index (QPI): Measures the quality of the project's deliverables.

Collaboration

Effective collaboration is key in the Post Project Evaluation process. Here are some guidelines:

• The project manager should lead the evaluation process, with active participation from all team members.

• The finance department should assist in the financial review.

• The quality assurance team should assist in the quality review.

• All stakeholders should be involved in providing feedback.

Additional Notes and Templates

• Always document the lessons learned in a structured format for future reference.

• Use BEC Arabia's standard templates for project evaluation.

• Regularly update the project management knowledge base with new insights from each project.

• Continuously improve the evaluation process based on feedback and lessons learned.