The Project Development Pyramid© is a proprietary web-based tool designed to guide project teams through proven "Best Practices" for developing capital projects. It assists the decision making process for new capital investments by providing senior management with an objective check on a "holistic" set of performance drivers. These leading indicators are empirically proven "Best Practices" that drive superior project outcomes. In addition to evaluating status, The Project Development Pyramid© also measures the level of project team alignment around the status of project development activities.

The following are some of the value features of The Project Development Pyramid©:

  • Promotes team integration and involves the right people at the right time
  • Improves communication between project teams and senior management
  • Identifies uncertainties and readiness to move forward
  • Reduces cycle-time (prevents re-work, re-cycling)
  • Facilitates the sharing of knowledge across the company
  • Systematically identifies weaknesses to deploy resources where appropriate
  • Provides a consistent language to develop project

Ideally, the Project Development Pyramid should be initiated early in Feasibility stages of project planning for maximum opportunity to build early alignment and close gaps. Follow-up sessions can occur towards the end of Feasibility stage, as well as during the Conceptual Planning and Definition stages, as shown below.

 
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