I use PP in my work in a similar way - with newcomers (not necessarily unexperienced pragrammers). Usually this is one week period. After this all the goals listed below are usually met.
Goals:
- Period of familiarization of a newcomer with the code base will be significantly reduced. When you need a man to be involved in your project and to get a result in two weeks this works perfectly.
- You as a manager will understand how a man thinks. This will help you to work out an approach to work with him.
- Newcomer will have an introduction of a coding culture of the project.
- Unexperienced guy will catch how an experienced one works during coding. This will help to understand where to improve.
- Experienced guy will teach you a couple of nice how-to's.