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Project Management
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How to Fail in Project Management without really
trying
Analyzing Mistakes No matter how successful the
organization is, it is bound to make a mistake
Where there is a failure there is potential for learning
If you wish to ruin your project do the following…
Ignore the Project Environment To manage the project without regard
for the organizations external, internal environment including project stake holders.•DHABOL CASE
Push a New Technology too quickly When a company pushes a new
technology the company cut corners , safety factors or make quality trade offs•TEREDYNE JAGUAR CASE
Don’t bother to build fallback options Successful project managers are those who
are best able to adapt to the new situation with flexibility, look for opportunities and bring their projects back up to spend rapidly
Managers who spend time doing the “What if” scenarios are more successful than managers who operate reactively•A&D CASE
When problem occur, Shoot the one most visible Fix the problem not the blame
Let new ideas starve to death from interia Allowing new projects to remain in a
holding pattern indefinitely
Don’t bother conducting feasibility studies Feasibility study is required for a
project to be successful Euro-tunnels failure to generate
revenue•HANDSTAR CASE
Never admit a project is a failure
To recognize the circumstances when it’s no longer sensible to continue
Ego and personal stake in the project Throwing money at a sinking project will not
buy success Willingness to acknowledge an error is
required
Over manage Project managers and their teams
Large corporations, loaded with layers of
oversight and bureaucracy, are
increasingly becoming some of the worst
settings for achieving cutting-edge
innovation
Some of the big spending innovations
never found their way to the market
Never, Never conduct post failure reviews
Inclination to sweep the whole failed
project under the rug and move on as
though nothing has happened.
Mistakes are a natural side effect of many
new ventures. Learning from them, is a
trait much more difficult to acquire
Never bother to understand project trade-offs
Willingness to sacrifice money in exchange
for schedule, and vice versa
Balancing acts among rival demands
Implications of crashing the project
Allow political expediency and infighting to dictate crucial project decisions Need to reshape strategic focus
Political decision-making is often at the
expense of overall organizational
effectiveness
Make sure the project is run by a weak leader Weak leaders are unhelpful and
counterproductive Good project leader is the one who
has to marshaling the resources , motivating team personnel
Conclusion Failure is often a by-product of risky ventures Projects upset the status quo of organizations Past failures need not discourage us from future efforts Two natural reactions from project managers in sight of
failure• To brush aside with as little thought as possible• To become so focused on failure that it handcuffs an
organization from taking new steps There are lessons to be learnt from failure- if only we
are willing to learn