Capacity and Capability
Most organizations determine their capacity and capability to produce goods or services with a relative amount of confidence. However, estimating their capacity and capability to manage work in the form of projects is another issue altogether. Determining work capacity and capability is an extremely difficult but important task that is a critical prerequisite to effectively managing the resources of the company. The following systems must be in place to accurately determine capacity and capability:
A standard time recording and reporting system
Documentation of workers' skills and knowledge
Project estimating standards
A project portfolio management system
Standard Time Recording
This is a basic requirement for developing ...