Just finished reading the book «Performance-Based Project Management»
The 5 principles of project success
14. März 2018
Kategorien
Newsletter abonnieren
Das könnte Sie auch interessieren
The Five Elements of a Strong Governance Structure for Critical Projects
16. Januar 2025
Every executive has nightmares about that project—the one that spirals into an unmitigated disaster. In general there are four ways a project can end up in a boardroom-shaking failure that can destroy value, reputations, and trust in one fell swoop. 1. The Titanic Failure: The project chugs along, oblivious to the iceberg ahead, burning millions
WeiterlesenWhy Every Critical Project Needs Board Supervision
15. Januar 2025
Projects are like icebergs—what you see above the surface is just the tip. Below lies the complexity, risk, and opportunity that can sink your ship if ignored. Too often, boards treat projects like black boxes, leaving management to deliver results without sufficient oversight. This hands-off approach might work for routine initiatives, but when it comes
WeiterlesenWhy Every Critical Project Needs Independent Reviews
14. Januar 2025
«Trust, but verify.» That timeless adage applies as much to critical projects as it does to diplomacy. Without an independent review, even the best-run projects can veer off course, leaving organizations blindsided by delays, cost overruns, or outright failures. Here’s the uncomfortable truth: internal stakeholders are often too close to the project to see the
WeiterlesenWhy Every Critical Project Needs an Executive Sponsor
13. Januar 2025
Launching a critical project without an executive sponsor is like sending a ship to sea without a captain—good luck steering through the storm. Projects don’t fail because of bad intentions. They fail because of a lack of alignment, authority, and support. That’s where the executive sponsor steps in—not just as a figurehead but as the
WeiterlesenWhy Every Critical Project Needs a Dedicated Project Manager
12. Januar 2025
Far too often, organizations assign critical projects to people who already have full-time roles or, worse, delegate management to a loosely organized team with no single point of accountability. The results? Missed deadlines, blown budgets, and a whole lot of finger-pointing. Here’s the hard truth: if the project is important, it deserves a dedicated project
WeiterlesenWhen $100 Million Technology Projects Fail, It’s the Board’s Fault—Every Single Time
2. Januar 2025
In Switzerland, rumors suggest that both Bank Julius Bär and Raiffeisen Schweiz are grappling with failed technology projects, each costing over $100 million so far. Bank Julius Bär is reportedly trying to replace its existing core banking system for the Swiss booking center with Temenos, while Raiffeisen Schweiz is attempting to build a modern e-banking
WeiterlesenTop Ten Leading Indicators of Troubled Projects for Executives
5. August 2024
If you are a senior executive or a board member in the role of executive sponsor, project sponsor, or steering committee member it is key to recognize potential issues before they become critical. Recognizing early warning signs can make the difference between a project’s success and failure. Whilst lagging indicators are metrics that reflect past
WeiterlesenWhy Every Critical Project Needs a Steering Committee
28. Juli 2024
Critical projects are like Formula 1 races—you don’t just need a driver; you need a pit crew, strategists, and decision-makers ready to adapt in real time. That’s your steering committee. Big projects come with big risks, competing priorities, and high expectations. Without a steering committee, those challenges turn into roadblocks. Decisions get delayed, alignment falters,
WeiterlesenThe Most Important Role on Any Large Transformation Project
22. Juli 2024
The most important role on a large transformation project is the project sponsor. Not the project manager. According to the Project Management Institute (PMI)’s 2018 Pulse of the Profession In-Depth Report, «1 in 4 organisations (26%) report that the primary cause of failed projects is inadequate sponsor support«. By contrast, «organisations with a higher percentage
WeiterlesenProject Trouble Assessment for Executives
17. Juli 2024
Is your project headed for trouble? Find out! If you are a senior executive or a board member in the role of executive sponsor, project sponsor, or steering committee member it is key to recognise potential issues before they become critical. Recognising early warning signs can make the difference between a project’s success and failure.
Weiterlesen