“Can I see some data to back that up?” and “You can’t manage what you don’t measure.”
If I had a nickel for every time I heard these two sayings, I could at least buy a grande triple latte at Starbucks. (Possibly even a scone.) There are many tools, formulas, and calculators out there to measure sustainability?. Many of which are very good. When it comes to project management however, none quite fit. One challenge is that you can’t dictate a standard for measuring sustainability as it pertains to projects because there are no two that are the same. How then do you quantify the value of integrating sustainable methods to project delivery unless you can set baselines and develop metrics to set targets for improvement?
Our P5 Model looks at the triple bottom line from an integration standpoint. The graphic below illustrates how we correlate a project’s product and process impacts to each triple bottom line category, sub-category, and element. If this table looks familiar, it is because it is an adaptation from the sustainability checklist that was developed at the 2010 IPMA Expert Seminar ‘Survival and Sustainability as Challenges for Projects”. (Silvius 2010)
A calculator for projects must have the ability to establish baselines and provide clear metrics that project stakeholders could easily digest and needed to be flexible enough to adapt to what is important to a variety of organizations and project types. Based on feedback from GPMs who are actively using our PRiSM methodology, our training providers, and course participants, we put our collective heads together and have released GPM® Calculator 1.0
Our tool, which we expect to refine and improve on a regular basis, measures the impact products (based on deliverables and objectives), processes and recourses against the eleven categories and three base bottom lines to deliver a six point rating system that can be translated into base scores. The executive dashboard (shown below) shows a simple pie chart that shows direct impact of a single project, while the two line graphs a the botttom show the measure of process and product.
The P5 dashboard displays in real time, nine charts that measure economic, social, and environmental impact that the user defined objectives, deliverables, processess have.
The easy to use interface, uses a six point color coded scale and custom inputs to allow for ease of use and configurability to all project sizes and types.
This tool has been made available to our training partners and to our subscribed members. This measurement tool along with our partner Objective World’s xD Sustainability Manager, which uses our PRiSM methodology are just a couple of the ways that we are raising the bar.
Sustainability starts with project management!
The original article was posted in Treading Lightly and tagged with Green Project Management, Sustainabilty in Project Management, Triple Bottome Line, Project Processes, PRiSM
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