10 Cardinal Sins of Project Sponsorship
- Ensure that there is clarity about the aims and objectives of major projects, and there are clear criteria against which success of a project can be judged.
- Clearly articulate the business case or rationale for why this change is needed
- Communicate how this project relates to the overall vision, strategy, and mission of the organization
- Communicate strong ownership and personal commitment for this project
- Create an environment within the organization in which project management can succeed: trust, open dialog, collaboration, creativity, sharing ideas, championing issues, taking decisions, keeping promises.
- Run emotions high. Nothing affects project value more than the organisational culture. Understand the level of your company emotional maturity and constantly work to improve it.
- Don’t fail to fail..
- People over process. Create and maintain community – a unified body of individuals with common interests interacting and collaborating! Collaboration creates value.
- Consider carefully the scale and complexity of projects to assess whether they are achievable.
- Estabkish clear priority among project time, cost, and quality specifications
- Ensure realistic timelines,
- Break down initiatives into manageable projects, milestones each delivering an auditable
business benefit. - Build enough high-level review points into the project to ensure that it is not allowed to continue if changing circumstances mean that the business benefit is no longer going to be achieved cost effectively.
- Be aware of the importance of halting a project that has been overtaken by events, rather than continuing to spend money.
- The best way to finish a project quickly is to staff it optimally. Fewer projects in portfolio means more stuff completed by the end of the year, so prioritize your projects and start when you have resources.
- Make sure there are considerable benefits in introducing systems in phases, phase it
- Anticipate Surprises! Ensure project plans are sufficiently flexible to allow for the insertion of technological advances where relevant.
- Ensure decisions on projects, both prior to inception and during development, are based on rigorous assessment of costs and benefits, and a realistic assessment of risks.
- Make sure there are a risk management framework for projects, within which people are empowered to make decisions as the costs, benefits and risks change during the project’s life
- Ensure risk assessment is carried out throughout the project, in particular to assess whether the business case continues to be viable in the light of actual incurred and changing business requirements
- Establish project management as a distinct profession
- Ensure that principles of good project management are understood and followed throughout the organization
- Reward project managers for their part in delivering projects successfully
- Project managers must be encouraged to draw risks to the attention of senior management in order to alert them to problems. They must be encouraged to undertake active management of change to project agreements, costs, benefits, risks, timescales, technology and organization, and not simply adhere to organizational project plans or project management methodologies.
- Maintain a close relationship with suppliers, but avoid undue reliance on them, and maintain overall ownership of progress to achieving the intended benefits.
- Ensure that all parties have a clear understanding of their roles and responsibilities, and a share understanding of key terms and deadlines
- Make sure there is an ongoing process of agreement management during the life of the project to allow for the almost inevitable change to requirements. The aim should be to manage rather than police, project agreements.
- Seek to review the success of projects as soon as possible so that lessons can be fed back into consideration of later projects.
- Ensure reviews are undertaken in a constructive and open manner with the aim of improving future project performance.
- Make sure reviews should be undertaken from project, portfolio and organisation perspective.
PMI is the registered trade marks of the Project Management Institute, Inc.
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