They say failure to prepare is preparation for failure. But even after all the planning is done, success will come down to effective management. Lack of vigilance leads to the failure of many projects.
Proper project management maximizes the chances of achieving positive outcomes from a project.
See below to boost your chances of optimal delivery.
10 project management pitfalls to avoid:
- Mismanagement of budget and scope
One of the most common examples of poor project management is the neglect of budgeting guidelines. In a desperate or careless act to reach brand objectives, some managers may take on tasks that were never meant to be completed, spending money that they can’t afford to spend.
- Misuse of project resources
For the success of any project, careful planning out to be coupled with more careful resource management. Be mindful wasting valuable assets, strive to maximize the utility of resources at your disposal.
- Lack of communication amongst stakeholders
Some projects my involve more unique teams than others. The more interests are involved in a project, the more a need for effective communication otherwise disarray may decay the chances of achieving desired outcomes.
- Inability to manage difficult stakeholders
Not every stakeholder is easy to work with. Some defy managers every step of the way, others can be downright disrespectful and some just aren’t disciplined enough to stick to a plan. It is the challenge of project managers to ensure a seamless execution of a project regardless of unreasonable behavior.
- Irresponsible estimates that sabotage a project
Budget and resources ought to be accurately estimated (as much as is possible) to ensure the effective delivery of the project. Otherwise, the project may be in jeopardy before it begins.
- Lack of attention to project risk management
The project ought to be continuously scrutinized for threats to a positive outcome.
- Lack of support
Staff and relevant key members ought to trained or supported when required to meet the standards set for the project.
- Mishandling of staff responsibilities
Often times stakeholders may get carried away with their involvement in a project, some may assume management and leadership roles that are counter-productive to the success of the project.
- Lack of team planning sessions
It’s important to carve out time to plan and get all stakeholders on the same page.Without preparing a plan, the project prepares to fail.
- Lack control and monitoring
Effective project management is more than checking off milestones, it’s also important to gauge the ecosystem of a project to ensure that all aspects are interacting and functioning as the should.