The art of project management grants companies the flexibility in decision making and job organization. There are many different approaches and methodologies that help organize personnel and teams in projects, so today businesses can set up and change their project management culture much easier than earlier.
Author: Eric McConnell
Planning is vital to success. A well-planned project makes 80% of successful product delivery, while the rest 20% are achieved by effective control and execution. However, good planning doesn’t mean that a project manager needs to spend most of his/her time on creating and polishing a project plan. Instead, this executive must proportionate the time spent on the planning stage to the time expected for project implementation to ensure that valuable resources aren’t wasted and real progress is made.
An attempt to overcome previously failed projects and succeed in future initiatives can be challenging. If your project has been launched before but failed for some reasons, most likely your team and other stakeholders have a negative mindset towards the failure reasons can be addressed and a new project will be successful. The customer or/and the sponsor of the failed project may even convince themselves that they no longer need the outcome that was expected for delivery and so they’re not going to give a new try. Meanwhile, a thorough analysis of failed project management (PM) can greatly help understand what was done wrong, develop feasible solutions, and remove any barrier for future success. Below I give a 6-step approach I personally use in my organization to overcome project failure and succeed in PM.
Each specific kind of report takes some time and effort for development, reading, analysis and follow-up. Obviously it would be much faster and cost-effectively for a company if standard types of project reports could be implemented in the reporting process. Several standard report formats would definitely simplify the process, while minimizing waste of time and effort and avoiding misunderstandings between managers and performers.
The baseline of a project is a performance metric for comparison that enables all stakeholders to have a shared and consistent set of data against which to evaluate the work done as the project progresses.