With so much at stake, fast action is the key to avoiding losses associated with project failures.
At Weir & Associates our Project Managers (PM's) begin by reviewing the project's current state to identify the areas of risk. Common areas of concern often include issues with scope, resource availability and/or capability, roles and responsibilities, and project monitoring and control. We will present our assessment to the senior leadership team recognizing the project's accomplishments to date, while calling out the major issues that caused it to veer off track. A corrective plan is provided as part of this presentation.
Once the plan is accepted by the organization, our PM's will lead the turnaround initiative, or you may choose to have us mentor your project team through the recovery process.
Common Symptoms of Troubled Projects
Critical issues in meeting milestones or completing deliverables
High risk of non-delivering anticipated benefits
Resources are not fully allocated to the project
The project is consistently behind its planned schedule
They are critical and/or significantly growing technical issues with the project
Top 5 Actions Taken to Recover Projects
Improving communication, stakeholder management
Redefining the project—reducing the scope, re-justifying the project fi nancially
Adding and/or removing resources
Resolving problematic technical issues
Replacing the project manager or bringing in a consultant to manage recovery project management pmo business and management consultant
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