Project managers must manage multiple factors to deliver projects successfully.
Here are some of the top tactics for tough times. Can you come up with other recommendations?
1. Scope: separate needs from wants; focus on the needs
2. Time: defer non-essential deliverables to the “next” phase
3. Cost: check the estimates twice and stick to the budget
4. Quality: finish tasks correctly on the first try to avoid rework
5. Human Resource: balance training costs with screw-up costs
6. Communications: use videoconferencing to reduce travel costs
7. Risk: minimize or eliminate the probability and/or impact of risks
8. Procurement: always ask for discounts; add penalty clauses
With the project stakeholders, mutually set the expectations, relentlessly manage the deviations and ruthlessly make the tough decisions.
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Tags: top tactics, tough times