When The Going Gets Tough…
In our projects, we seek to provide benefit to our business, by delivering a product at the required quality, on time, and on budget. Now, when economic times are tight, and budgets are being squeezed, we need to start looking how we can deliver on another, bigger project: keeping our business in business.
It is too easy for a project manager to only look at their project, and only think about how to deliver that. In normal times, this is probably what a business wants, but now we need to raise our sights a little.
Be sensitive to what is going on in the business more generally:
- If they are looking to save money, proactively look at which parts of your project could be cut. It is better to achieve most of the benefit at a lower cost, rather than risk delivering no benefit, because the company has run out of money. Effective planning should mean you already have an idea of what the impact would be, in terms of time, features, and budget.
- Don’t be afraid to speak up. If you see inefficiencies in your business that could be solved quickly with a new project, with the application of a bit of project management, speak up about it.
- Make sure your projects stay focused on their customers, the stakeholders. Encourage your business to stay focused on their customers too.
- Encourage frequent and vigorous examination of all projects to check they are still relevant in changing circumstances – there’s no point delivering your project perfectly if the end product no longer helps the business!
- Most importantly, deliver. Now more than ever, we have to make sure we only promise what is possible, but challenging, and that we then go on to deliver it.
What about you? How are you reacting as a project manager to lean times? What opportunities do you see? What challenges do you face? Let me know!