Today I am pleased to introduce a guest post by Aileen Galsim, who works for Comss, who offer Lean software for Lean Businesses. She writes about project management mistakes and how to avoid them to be successful.
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If your
business has just been awarded a project that you’ve worked hard to obtain,
congratulations! It’s a great feeling to be selected over your competitors, and
it can be a big step forward for your business.
But don’t go
celebrating just yet. Before you can call this project a success, you actually
have to complete it. And to do that, you need to make sure you avoid major
mistakes that can cause a would-be successful project to become a failure. Here
are five deadly sins of project management, and the remedies that will allow
you to avoid them:
1. Poor Planning (Or Lack Thereof)
Quite simply,
this is the biggest and most avoidable of all the deadly property management
mistakes. It’s the biggest because if you do not plan adequately, the project
has almost no chance of succeeding at the highest level. And in a lot of ways
it’s the most avoidable because, well, you often have the opportunity to plan
ahead without having to deal with the minute-by-minute issues that a project
might throw at you when you are in the midst of it. The best way to deal with
this mistake is to not make it. Plan ahead… then plan some more. You obviously
need to be adaptable to issues that come up during the project, but if you
don’t a have both a template to adapt from and an overall strategy, you will be
lost.
2.
Unrealistic Timelines
Whether you
are bidding on a project for a new customer or trying to keep a current client
happy, it is often tempting to provide the shortest timeline imaginable.
However, committing to timelines that you cannot keep will do your company a
lot more harm than good in the long run. Will saying you can complete a project
in a shorter timeline than your competitors get you new work? Maybe. But once
you fail to meet the deadline on your first project, it will be significantly
harder to get the next one. A solution to this is to spend time getting to know
the process before committing to a timeframe You can also use project
management software to come up with a realistic estimate.
3.
Micromanagement
As the boss,
you can sometimes feel like if you don’t do something, it won’t be done right.
But in reality, this attitude is counterproductive. Spend more time working on
the overall direction of the business as opposed to babysitting each project
yourself. That’s not to say that you shouldn't establish appropriate ways to
assess the project at different stages, but in general your focus should be on
the big picture.
4.
Using the Wrong Project Manager
This goes
hand-in-hand with number three. Since you are not going to micromanage the
project, you’d better make sure you assign a project manager with the
appropriate skillset to make the right management decisions on a day-to-day
basis. Having a project manager you
trust will allow you to focus on other things, and will ensure that the project
continues to move forward efficiently and effectively.
5.
Over-extending Your Business
This is a
major sin that many businesses realize but ignore. Over-extension can apply both
to taking on too many projects at once, and to committing to a project that is
too big for your current abilities. As a business owner, it is often very
difficult to turn down work because you don’t think you can handle it. But just
like with offering a timeline that’s too optimistic, if you are unrealistic
about your business’s capabilities, the costs will far outweigh the benefits.
About Author:
Aileen Galsim
is a business blogger from Comss. Comss is a
software company with a difference – their products are designed by business
people to be used by business people. They offer Lean software applications for
construction, distribution, retail and project-driven businesses.
The factors you have mentioned in the post are the deciding factors of any project that they are going to get success or not and to manage a project the most important thing is the powerful management, which accompanies lots of burden which is not a matter of one or two people it requires lot of efforts, This raises the need of efficient management software as they enables you to perform efficiently by keeping track of employees, projects etc. Here I am sharing a blog http://www.advancesystemsinc.com/blog/time-and-attendance/2013/07/29/monitor-employee-time-theft/ which will give you an idea that how small problems can be solved easily using management software.
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Thanks
ReplyDelete