Project World - page 4
Spearheading a project isn’t a walk in the park. You would be responsible for its planning, execution and completion, as well as the aggregation of separate tasks by teams and individuals into a cohesive whole. Grace under pressure is always an essential, but below are seven other key ingredients to lead a project to success:
This being the case, it is fair to say that managing multiple projects across different teams, all at once, is exponentially trickier. But it can be done and has been done. We list five things on how to manage effectively multiple projects simultaneously.
According to Pinnacle Management Systems, Inc. Specialists, adoption is a real challenge in implementing project management solutions. Will the workforce use the tool dependably? How long will it take before they’re truly adept at operating the software? Will it end up unused and gathering dust after all the time and money invested in it?
Some may think manually creating a project plan is easy, since it’s formulaic. But if you ask any project manager, that isn’t necessarily always the case. There are routine processes that can be done without much thinking, yes, and this is where the opportunity for more time savings actually lies, as a good number of project management tasks and activities are routine in nature.
Implementing tools and software rollouts to improve business and IT processes is a risky move, both financially and organizationally. Such implementations, when not considered with diligence and meticulous care, frequently end up providing the opposite of what management initially expects.
Case in point is the recent IT implementation problem that caused Philippine fast food chain juggernaut Jollibee, McDonalds’ top competitor and with thriving branches in the USA and other countries, to halt operations in 72 stores in Metro Manila. This botched IT upgrade, a supposed 0.5-billion peso (around $11.37 million) project, resulted to lost sales of 6% for just the seven days of August, which, in Jollibee’s 2013 revenue terms, is equal to roughly 92 million pesos.
When managing a project, it is normally expected that all processes and activities essential to the completion of a project are completed on time and within budget. It is, more often than not, the “on time” and “on budget” parts that identify success in project management.
The Project Management Institute (PMI) defines project management as “the application of knowledge, skills and techniques to execute projects effectively and efficiently.” To ensure this success and aptly consider yourself an effective project manager, should you manage and execute every little detail of the project management plan yourself?
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