Expensive Mistakes: Lack of Communication with Project Stakeholders

19 April 2018
1 Star2 Stars3 Stars4 Stars5 Stars (3 votes, average: 3.67 out of 5)
Loading...

Mistakes happen everywhere and all the time. Some can be minor without serious consequences, but others can be fatal. When it comes to project management, a small mistake can sometimes cost a whole project. Among the mistakes with some more serious consequences is the lack of communication with project stakeholders because, read carefully, IT MAY COST YOU A LOT OF MONEY.

Understanding Stakeholder Management

29 August 2017
1 Star2 Stars3 Stars4 Stars5 Stars (1 votes, average: 5.00 out of 5)
Loading...

Project managers often face numerous conflicts when managing both internal and external stakeholders in a project. The difference in the perspective of how stakeholders work drives the behaviors that can create challenging situations for project managers in which indirectly, may even derail a project. This article provides insight on how to manage and understand both internal and external stakeholders to ensure a successful project. Introduction Stakeholder Management is one of the key aspects in a project that requires special attention from the project manager. The term special attention is used due to the various differences in opinions coming from each […]

4 Best Practices for Stakeholder Management to Remember

3 October 2016
1 Star2 Stars3 Stars4 Stars5 Stars (3 votes, average: 5.00 out of 5)
Loading...
Stakeholder management

When managing a project, the root cause of its success or failure is often misunderstood. Yes, project managers are the drivers of project success, but more often than not, the outcome is determined by its stakeholders. So it’s important that project managers and their teams employ the best means to optimize stakeholder communication. The challenge is in the ability to incorporate an effective stakeholder management methodology and tool set in their existing project and portfolio management initiatives. Although the intentions may be there, the framework to support stakeholder management typically falls short. Most organizations would agree that many project management […]

Project Managers Beware! It can take less than a minute to kill your entire project

6 April 2015
1 Star2 Stars3 Stars4 Stars5 Stars (2 votes, average: 5.00 out of 5)
Loading...

In a world where overnight fame or infamy can happen to anyone with a webcam and internet connection, more than ever project managers need to carefully design a communication and collaboration strategy that will positively impact their projects while preventing the damaging effects of a potential negative broadcasting of information that can instantly shut them down at a moments notice.  Social media can  be used as a powerful tool to help drive a project quickly to success. Leveraging Twitter-like functionality and social collaboration can help quickly move your project by instantly shoring up the necessary support from your stakeholders to […]

Proper Stakeholder Management – The Key to Preventing Employee Strikes

3 November 2014
1 Star2 Stars3 Stars4 Stars5 Stars (2 votes, average: 5.00 out of 5)
Loading...

“A Fair Day’s Wages for a Fair Day’s Work!” “A Fair Day’s Wages for a Fair Day’s Work!” One needs to only look at international news on any given day to realize that strikes are a worldwide phenomenon that can occur in almost any country. At the time these words were written, 14,000 home daycare workers across Quebec hold a 1-day strike to pressure government on wages and hours while over in British Columbia, an agreement is finally reached with IKEA after 17-month long strike by its workers. Meanwhile, on the other side of the pond, strikes by both Train […]

The FIFA World Cup 2014 Project: “All in one (Brazilian) rhythm”

13 June 2014
1 Star2 Stars3 Stars4 Stars5 Stars (3 votes, average: 3.67 out of 5)
Loading...
Fifa-World-Cup-Brasil-150x150

Millions of worldwide fans eagerly await this year’s top football event, the FIFA World Cup 2014 in Brazil, which is currently on its way. To understand this gigantic project, we don’t have to look to far, to recognize that the planning and organization of the project conforms to this World Cup’s slogan: “All in one rhythm” – although a Brazilian rhythm. From the perspective of a Project Manager, the project is a disaster, especially when considering the fact that the opening match on June 12 in Sao Paolo will take place in an unfinished stadium with the budget increased by […]

The International Space Station Project: Where no project manager has gone before

25 April 2014
1 Star2 Stars3 Stars4 Stars5 Stars (3 votes, average: 3.67 out of 5)
Loading...

Any one of the seven wonders of the world can claim the title of most famous project on our planet, however probably the most famous project out of this world would be the International Space Station (ISS).  Although to be honest with you, there is not much competition beside the many orbiting satellites and their space junk friends which can qualify as potential candidates.  The ISS completion is a true example of an international project in which the vision, execution and outcome has evolved as the needs and wants of the many stakeholders involved has changed over time. The IIS […]

Good Project Managers “Don’t play the odds, they play the man.”

7 January 2014
1 Star2 Stars3 Stars4 Stars5 Stars (2 votes, average: 5.00 out of 5)
Loading...

I recently got hooked on to the TV show “Suits.” Set at a tier-one Manhattan law firm Pearson Hardman, the series centers around Harvey Specter (the firms  “Closer”) and his prodigy associate Mike Ross (the College drop out with a photographic memory) power brokering under the leadership of Jessica Pearson.  The show not only draws you into the high pressure lifestyle of well-dressed attorneys, but provides an interesting glimpse into the genius minds of professionals that deliver superior results by demonstrating the importance of effectively leveraging stakeholders to win cases and improve their position in the firm they serve.  The […]

New Orleans, host city to PMI Congress 2013, can teach you a trick or two in the value unified goals can bring to successful projects

18 November 2013
1 Star2 Stars3 Stars4 Stars5 Stars (1 votes, average: 5.00 out of 5)
Loading...

This year’s Project Management Institute (PMI) Congress was hosted in the “Big Easy” combining highly informative sessions and thought leadership in project management along with the party atmosphere the City of New Orleans is famous for.  As it was my first trip to New Orleans it quickly became apparent to me that the city’s economy is highly dependent on tourism with Mardi Gras at the center of it all.

Beating the “Cat in the Hat” project syndrome. How to get Thing 1 and Thing 2 back in their box

30 August 2013
1 Star2 Stars3 Stars4 Stars5 Stars (2 votes, average: 4.50 out of 5)
Loading...

It is not uncommon for project managers to experience their project’s trajectory to suddenly shift from being on the right track to getting turned on its head.  The manner in which project managers handle negative change sets the good leaders apart from those that crack under pressure.  Most project managers can master the techniques that help plan schedules, load resources and track costs.  Where many fall is in the area of managing change and the ability to effectively communicate and reset expectations to help move a derailed project back on track.  Succeeding in this respect requires real-life experience and natural […]