Page 161 - DMGT302_FUNDAMENTALS_OF_PROJECT_MANAGEMENT

Fundamentals of Project Management

Notes 2. a rating of the level of conformance against each of the project processes including time,
cost, quality, change, risk, issue, procurement, communications and acceptance
management;
3. a list of the project achievements and failures;
4. any lessons learnt and recommendations for future projects.
The PIR is undertaken at the end of the project closure phase, after the project closure report has
been approved and all project closure activities completed. Some companies wait a number of
weeks before undertaking the PIR, to enable the benefits provided by the project to be fully
realized by the business. The PIR is typically completed by an independent person who offers an
unbiased opinion of the project’s level of success.
The PIR is presented to the project sponsor/customer for approval and is retained on file for
future projects.

Review Project Performance

To undertake a PIR, first identify how the project performed against each of the targets set
during the initiation and planning phases of the project.
Benefits

Identify any deviations between the forecast business benefits specified in the business case and
the actual benefits realized by the business, in Table 9.8.

Table 9.8: Benefit Realization

Objectives

Identify the extent to which the project achieved the objectives specified in the TOR, as well as
any shortfall, in Table 9.9.

Table 9.9: Objectives Achieved

Contd...

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