May 9, 2018
The chances of a mega project or turnaround failing by going over schedule and exceeding budget runs as high as 70%. Want to reduce your odds of failure? The heart of the matter in managing risk is about people, values and communication. Set aside Acts of God, failed systems or changing business cases, doing these 5 things will assure a project pitfall.
When it comes to leading successful projects – in any industry – it seems the best thing to remember is never take anyone or anything for granted. Shared vision and commitment needs continual care and nurturing. The best possible solution is one-on-one communication. Make sure you can account for the successes as well as any challenges that might need immediate attention. If your upper management, team leaders, supervisors, and employees on down the line aren’t providing you with a steady stream of feedback, go get it. And vice-versa.Contact Us