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Make Project Failure Obsolete

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In our last post, we discussed how failure is not an option in today’s business environment. This post will cover how to do the seemingly impossible of getting projects right every time.

Projects require perfect plans and flawless execution. The preponderance of project management goes toward planning, leaving a lack of emphasis on the latter. IT leaders will say that they’re investing in execution, but the investments goes toward the technical elements. Execution suffers from a lack of project management bandwidth when project managers are running too many projects to conduct flawless execution. In order to get every last detail right, leaving no breaches and no margin of error, the leadership can’t slack after creating the baselines. There needs to be enough strong leadership in place to ensure the technical resources are getting their homework done to the exact schedule, budget, and spec or there will be variances. When those variances go unnoticed, the scope creeps, and when there isn’t enough strong leadership to establish project control, the necessary adjustments aren’t made to save the project, and it goes off the rails.

In the case of Equifax, it all resulted from one software engineer missing one patch on one piece of software. Investing more in technical talent to execute IT security is not the solution, then, since any software engineer can update software. Investing more in planning is likely not the solution either, since software patches were likely already in the plan. It’s the accountability and oversight that ensures the discipline of the plan is instilled throughout the lifecycle that ensures success. In order to get everything right, every time, on-time it comes down to project leadership.

Our next posts will cover the Seven Habits of Successful Project Leaders, which will illustrate who can provide this necessary layer of accountability and oversight to ensure your organization averts failure.

Posted in General Project Management, Project Leadership, Project Portfolio Management | Tagged , , ,

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