Showing posts with label management. Show all posts
Showing posts with label management. Show all posts

November 22, 2017

Statistics on Project Failure


Most Common Causes of Project Failure:

  • Changing priorities within organization – 40%
  • Inaccurate requirements – 38%
  • Change in project objectives – 35%
  • Undefined risks/opportunities – 30%
  • Poor communication – 30%
  • Undefined project goals – 30%
  • Inadequate sponsor support – 29%
  • Inadequate cost estimates – 29%
  • Inaccurate task time estimate – 27%
  • Resource dependency – 25%
  • Poor change management – 25%
  • Inadequate resource forecasting – 23%
  • Inexperienced project manager – 20%
  • Limited resources – 20%
  • Procrastination within team – 13%
  • Task dependency – 11%
  • Other – 9%

source: Project Management Institute: Pulse of the Profession 2015: Capturing the Value of Project Management 2015

December 01, 2016

Stakeholder Engagement


Recently I went to a luncheon hosted by the Halifax Chamber of Commerce, which my company was proud to sponsor. (See our logo on the banner to right of stage above.)

The topic of the luncheon was “What’s Up, Halifax?” and four panelists represented major projects in beautiful Halifax.

The panelists, Alex Halef, President of BANC Group of Companies, Dov Bercovici, President & CEO, Discovery Centre, Bob Bjerke, Chief Planner and Director, Planning and Development, Halifax Regional Municipality, Steve Snider, CEO & General Manager, Halifax Harbour Bridges, were asked questions which had been pre-submitted to the moderator. Several questions were about improving our city for businesses and residents.

What struck me with the questions and answers was the emphasis on stakeholder engagement, not only from resident and business to the government and developers, but also among the city and developers.

From the answers, you could see that communication was obviously good between the city and development representatives. They communicated in front of over 100 people and were willing to answer the audience’s questions and discuss topics among themselves in the open.

It was also heartening to see that both parties were open to further increasing their communication and stakeholder engagement.

According to PMI, a stakeholder is "an individual, group, or organization who may affect, be affected by, or perceive itself to be affected by a decision, activity, or outcome of a project."

Knowing who the perceived stakeholders are can be the most difficult part of identifying stakeholders.

For the cities and towns we live in, we are all stakeholders, and I know the government is conscientious in my area to seek input from residents and businesses. But there can always be more input and improvement on engagement.

Is that a bad thing? No. Projects are continuously improving all the time, and we should expect that to be so.

I have observed over the years that, as project managers, we often don’t realize how much project stakeholders want to be involved in a project. Sometimes we might think we are bothering a client or user, other times we think they don’t really want to be engaged at a certain level of depth. Should we assume how much stakeholders want to be involved? Well, no. We should ask them. The answer might be surprising.

Involving stakeholders is a key, and valuable, tenet of project management.

November 16, 2016

Managing Projects the PMI Way


Most projects have many moving parts. When you’re in charge of all those parts, you need to stay on track and be organized.

I am very proud to have taught the three project managers referenced in the Halifax Chamber's Business Voice magazine this month. Knowing how to manage projects 'the PMI way' helps projects large and small. Continue reading this insightful article (pdf).

September 01, 2016

The Top 10 Factors for Project Success

Are your projects successful? A study determined the following factors lead to project success:
  1. Clear goals
  2. Support from senior management
  3. Adequate funding and resources
  4. A realistic schedule
  5. End-user commitment
  6. Effective leadership and conflict resolution
  7. A flexible approach to change
  8. Clear communication channels
  9. Use of lessons learned
  10. Effective management of risk
Numbers 6 and 7 are my favourites. Six because leadership and conflict resolution are lumped together. Seven because of the flexible approach. In any case, this list can give all of us who manage projects a checklist for review.

Best of luck with your projects!

July 03, 2014

Managing Summer Interns

During the summer, organizations often take on students for intern positions. I have hired a few students over the years and find that it's important to have a plan for what they are going to do. No plan means it takes a lot more of my time.

Here's an article with helpful tips for employing summer interns:

3 Tips for Successfully Managing Summer Interns

I hope your summer is off to a great start!