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10 tips to rescue a problem project

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10 tips to rescue a problem project

Published in: Technology

10 tips to rescue a problem project

  1. 1. The resulting mindset for the project effort can often besingularly focused on getting the project back on track to theexclusion of any real consideration given to the fact that theproject may very well be failing. Be open to the possibility thatthe project effort could be failing.
  2. 2. Early warning signs can be seen in just about every aspect of the projecteffort. It is always easier to get projects back on track that havent driftedtoo far off course. Recognizing the project early warning signs helps toprevent projects from failing.
  3. 3. Often times, project managers fall victim to the "last mile syndrome." Thatis, it takes ninety percent of the project time to finish the last ten percent ofthe project scope.This can occur for many reasons from poor project requirements and scopeplanning to ad hoc development rather than process-oriented iterativedevelopment. The end result often is the extension of the project for justone more month, and again, and again.
  4. 4. Many project organizations continue with failing projects instead of takingaction, corrective or termination, early. Often, project managers are skilledat managing project difficulties and have the confidence to think that theycan project manage their way out of any bad project and in many cases theycan.When you identify the reluctance to admitting there is a problem, thenrescuing the project becomes much, much easier.
  5. 5. Pausing the project creates an opportunity to regroup, establish a new plan, andrestore integrity to the project baseline. By continuing a failing project, you arelikely to burn time and money against the project not knowing where you aretruly headed or if you are on the path to completion.
  6. 6. Even an experienced project manager can have great difficulties deliveringa difficult, complex project.After pausing the project, assemble the appropriate members of theorganization to conduct a project audit. The purpose of the project audit isnot to place blame or to fix or re-baseline the project. Rather, the purposeof the project audit is to first find out the root causes for why the project isfailing.
  7. 7. Restore the integrity of the project by assessing the effort, both schedule andbudget, to complete the project.Establish and maintain a historical estimating database within the PMO so thatfuture projects can be estimated more accurately.
  8. 8. Ask yourself, “Is it worth continuing the project?” It is possible that the projectis no longer important or a priority for the organization. Additionally, external factors such as new technologies and alternativesolutions may render the initial approach of the project obsolete. Beforeproposing that the project be restarted, validate the projects business case.
  9. 9. Look at the value of the project and compare it to other competing projectalternatives and initiatives. Perhaps previously the project was a priority,but now the project scorecard may rank quite differently. Use thegovernance process to gain formal understanding, approval, and supportfor the project.
  10. 10. Now that you have a new and approved project plan and new estimates, re-launch the project.Have the executive sponsor for the project communicate to the team howimportant the project is and take steps to ensure that the project team isprepared and mentally positive about restarting the project effort.Be mindful of all of the past project difficulties and be prepared to deal withpotential roadblocks.

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