What is Gold Plating in Project Management?
Gold plating in project management describes the process of extending a project’s scope beyond what was initially specified to include new features, functionalities, or deliverables. In essence, it entails exceeding the established parameters or specifications, frequently to provide more than stakeholders were expecting. Gold plating can make a project less successful by taking resources away from important duties, making the project more difficult, and causing conflict among stakeholders. To avoid the hazards of gold plating, effective project management requires careful control of scope, resources, and stakeholder expectations.
What Is Gold Plating in Project Management?
Gold Plating in project management refers to the practice of adding extra features or enhancements to a project that are not necessary or requested by the client or stakeholders. It’s like adding a layer of gold to something when it’s not needed. This can happen when a team member goes beyond the original requirements or scope of the project, often with good intentions but without considering the impact on the project’s timeline, budget, or objectives. Gold plating can lead to unnecessary costs, delays, and complications, and it’s generally something project managers try to avoid to keep projects focused and efficient. Project teams can reduce the risk of gold plating and improve project outcomes by concentrating on providing value within the approved scope.
Table of Content
- What is Gold Plating in Project Management?
- Causes of Gold Plating
- Impacts of Gold Plating on Project Management
- How to Avoid Gold Plating?
- Best Practices for Preventing Gold Plating
- Examples of Gold Plating in Project Management
- Gold Plating vs Scope Creep
- Conclusion: Gold Plating in Project Management
- FAQs: Gold Plating in Project Management
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