In a previous post, we focused on “How implementing CII best practices helps improve project delivery.”
Now let’s focus on the Project Definition Rating Index (PDRI), a simple yet powerful tool from the Construction Industry Institute (CII) that enables quantification of scope definition and can be integrated throughout project delivery to add value and certainty to project selection and approval, risk management, and lessons learned.
CII benchmarking has determined a savings of $25 per $1 spent on the PDRI process, consistent with our experiential learning that earlier and better scope definition leads to fewer changes and lower costs to correct later, as shown in the following graph.
Figure 1. Influence and expenditures curve for the project life cycle (www.construction-institute.org)
There are eight versions of the PDRI, and each includes scripted elements for cross-functional teams to consider and evaluate qualitatively. Those qualitative assessments are converted to an overall score, or measure of scope definition, based on CII research conducted by member practitioners with rigorous academic oversight.
The versions of the PDRI include:
This quantified measure of the maturity of project definition deliverables is a great input to assess the estimate using the Association for Advancement of Cost Engineering classification matrix.
Because the PDRI is designed and intended to be administered multiple times throughout the project lifecycle, users can see estimate classifications evolve over time as teams work through their phase gate/project approval process and further remove unknowns.
As a CII member, Oracle has taken the proactive step of configuring the PDRI in Primavera Unifier. This configuration not only ensures consistency and visibility. It also provides project teams integration benefits, including:
If you would like to learn more about the PDRI configuration in Oracle’s Primavera Unifier, or if you are curious to know more about the value of CII and potential membership, please don’t hesitate to contact us.
We are always excited to share with others in our industry how CII’s research, network, and tools can enable a tangible improvement in project delivery.
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