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Four Responsibilities of Executives on Projects

An executive has administrative or supervisory authority in an organization. That authority is used in a number of ways on projects. An executive is typically responsible for the Business Case of a project, which is used to determine whether the project should even be started. Once the project is approved they can impact the success of your project in four key areas. 1. Sponsorship and Funding Every project within a company starts with an idea. It’s hard for that idea to go much further without backing from the right person and some money to make it happen. An executive can provide the sponsorship and funding your project needs to get off the ground. They are responsible for signing off on the project charter, which describes the project, gives you the authority to manage and, most importantly, allocates the necessary funds to keep it alive. 2. Escalations and Resolution The second role an executive plays in your projects is to be the go-to person when unresolved problems surface. An e...

Create Schedule Management Plan

The Schedule Management Plan describes the process used to develop and manage the project schedule. Not all projects need a Schedule Management Plan, but if your project has a complex schedule that requires special handling, you may find this plan helpful. The components of the Schedule Management Plan can include: Roles and responsibilities. You can describe different roles and their ability to access the project schedule. Schedule owner. This is probably the project manager. Who can update? Normally the project manager, but on larger projects it could be more complex. For instance, a Project Administrator might make the initial schedule updates based on the project status reports and then provide this draft to the project manager for final updates. It is also possible that team members will update the status of their assigned activities and the project manager will perform final analysis after those updates. Who can read? Usually the schedule is not considered confidentia...

Five Options for Project Start Dates

One of the characteristics of a project is that it is a temporary endeavor. In other words there is a start and end-date. This seems simple enough until you start to try to define exactly what these dates mean. Is it after the Project Charter is signed? Is it when the schedule is finalized? There are no universally recommended definition for either date. It depends on each organization and whether there are any implications for choosing one alternative over another. Here are some of the options for identifying the project start-date. The need/idea is generated. The definition you choose can depend on what the implication is. You may choose this definition of project start date if your company is trying to focus on the time it takes between when an idea is generated until the idea is fulfilled. Your company may be concerned that it takes too long to commercialize good ideas. If your company wants to minimize this total time span between idea and fulfillment, you might go with an early...

Seven Components to a Risk Management Plan

The Risk Management Plan describes how you will define and manage risk on the project. This document does not actually describe the risks and the responses. This document defines the process and techniques you will use to define the risks and the responses. The information in this plan includes: Roles and responsibilities. This section describes the leading and supporting roles in the risk management process. The project manager typically has overall responsibility for risk management, unless the team is large enough that this role can be delegated to another team member – perhaps a specialist. Third-party risk management teams may also be able to perform more independent, unbiased risk analyses of project than those from the sponsoring project team. Budgeting. Discuss your budget for risk management for the project. Since you may not know enough to request budget for risk management you can also describe the process that you will use to determine a risk management budget estimat...

Five Project Management Mistakes, Mistake 3

Mistake #3: Not Keeping Schedule Up-to-Date Many project managers create an initial schedule but then don't do a good job of updating the schedule during the project. There are trouble signs that the schedule is not being updated. The project manager cannot tell exactly what work is remaining to complete the project. The project manager is unsure whether they will complete the project on-time. The project manager does not know what the critical path of activities is. Team members are not sure what they need to work on next (or even what they should be working on now). It is a problem when the project manager does not really understand the progress made to date and how much work is remaining. When this happens, the project team is not utilized efficiently on the most critical activities. There are a couple other common scheduling problems. Infrequent updates. Sometimes the project manager updates the schedule at lengthy intervals. For instance, updating the schedule every...

Be Proactive Managing a Project with Unrealistic Budget

If you are a project manager dealing with what you perceive to be an unrealistic budget, the first thing you will want to do is discuss this with your sponsor to see if there are any factors that are driving the project budget. For instance, there may be budgetary restrictions. If you are a vendor, it is possible your sales people committed to a fixed price for the project. In some cases your manager or sponsor might set an arbitrary budget without much justification. It does not necessarily make your challenge any easier, but you may find that by better understanding the reason for the fixed budget, you may have an easier time getting yourself and your team members motivated to achieve it. When you have a full project management methodology you will have tools and techniques to respond to these concerns.  There are a number of responses to a project with unrealistic budgets. Reduce scope . Talk to your sponsor about reducing the project scope. See if there are features and functiona...

Five Project Management Mistakes

Mistake #2: Poor scope management practices Managing scope is one of the most critical aspects of managing a project. However, if you have not done a good job of defining scope, managing scope will be almost impossible. The purpose of defining scope is to clearly describe and gain agreement on the logical boundaries and deliverables of your project. The business requirements are gathered to provide more detail on the characteristics of the deliverables. Defining scope means that you have defined the project boundaries and deliverables, and the product requirements. These should all be approved by your sponsor. The project manager and project team must realize that there is nothing wrong with changing scope - as long as the change is managed. If you cannot accommodate change, the final solution may be less valuable than it should be, or it may, in fact, be unusable. Every project should have a process in place to manage change effectively. The process should include identifying the chan...