Project Management Decision Log
Project Management Decision Log
Prepared by: [YOUR NAME]
Date: [DATE]
To document and track key decisions made throughout the project lifecycle. This log ensures transparency and accountability in decision-making. It provides a reference for understanding the rationale behind each decision and its impact on the project. Maintaining this log helps in evaluating decision outcomes and informing future project strategies.
|
Date |
Decision Description |
Responsible Party |
Rationale |
Impact |
|---|---|---|---|---|
|
[DATE] |
Approved scope change to include additional features. |
Jane Doe, Project Manager |
Market research showed additional features increase satisfaction. |
Extends timeline by 2 weeks; potential 15% revenue increase. |
|
[DATE] |
Selected Vendor A for software development over Vendor B. |
John Smith, Procurement Lead |
Vendor A offers better solutions and support. |
10% higher initial cost but lower long-term support costs. |
|
[DATE] |
Revised budget to cover unexpected material cost increase. |
Sarah Lee, Financial Analyst |
Material prices rose unexpectedly; budget needed adjustment. |
5% budget increase; affects project margin but prevents delays. |
|
[DATE] |
Implemented agile methodology for the project. |
Mark Thompson, Project Lead |
Agile improves flexibility and client responsiveness. |
Boosts collaboration and iteration speed, enhancing quality. |
|
[DATE] |
Reassigned team members to align with project phases. |
Emily Johnson, HR Manager |
Realignment optimizes efficiency and addresses skill gaps. |
Increased productivity and faster phase completions. |
Notes
-
Review decisions quarterly to ensure alignment with project goals.
-
Document any follow-up actions or changes resulting from these decisions.
-
Assess the impact of major decisions on overall project progress and adjust as needed.
-
Ensure all stakeholders are informed of significant decisions and their implications.
