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- Title
From Re-Covering to Recovering Projects that Went Bad Projects do not fail. People fail them.
- Authors
Bokor, Charles Villanyi
- Abstract
No matter who is counting, too many projects are made to fail. According to most estimates, one out of two projects is made to track behind the original schedule, cost more than the original budget and deliver less functionality than defined or more than needed. While the foregoing is significant, what is more significant is that such projects will also produce less value to the organization than what was estimated in the Business Case. Without making significant changes to the way failing projects are developed and governed, they can only be expected to go from bad to worst. When the problem(s) with a failing project is(are) reluctantly examined, the ensuing reaction is predominantly to accentuate the close tracking, finger pointing and the command and control procedures that may in fact have produced the problem. Maintaining the same mindset, methodology and project governance prolongs the destructive cycle. This research paper is a summary of the 0+2 Steps Project Recovery© methodology (a body of practices, processes, and rules) that proved effective when used to get a bad or failing project back on track. This innovative project development methodology is not instead of but in addition to and totally compatible with other project management best practices. It is a guide for the experienced Recovery Project Leader and project stakeholders involved with implementing and deploying a large project in a difficult organizational environment or with significant constraints. It reviews a handful of sine qua non requirements and the imperative to have the organization's resolve. Learning Objectives: • Bad projects are created; • To recover a sizeable project, executives have to acknowledge the problem and resolve to recover it; • To recover a sizeable project requires leadership, a new governance framework, and a new methodology.
- Subjects
PROJECT management -- Failure; PROJECT management; LEADERSHIP
- Publication
PM World Journal, 2016, Vol 5, Issue 10, p1
- ISSN
2330-4480
- Publication type
Article