Project Peer Review Process is a series of strictly defined and ordered procedures to evaluate a proposed project against certain criteria by people experienced in project management in order to maintain or enhance quality or performance of the project.
The peer review process is usually performed by people involved in one and the same project. These people are stakeholders of their project so they are interested in higher quality and performance of the project. Through analyzing and reviewing the project they try to detect errors or issues in documentation and processes as well as provide a basis for making decisions about rewards or punishments. In this content, peer review is a great way for achieving project excellence.
The peer review process entails examining the following items:
- Project concept and problem
- Feasibility and cost-effectiveness
- Goals and deliverables
- Organizational structure and team composition
- Resource base and estimates
- Project plan
- Project controls and administration
- Deliverable acceptance criteria
- Change management
- Feedback and reporting.