What Happens To Strategic Projects When Executive Sponsors Aren’t Available (And What To Do About It)
Putting an executive sponsor’s name on a strategic project isn’t just about increasing recognition or showcasing the effort’s value to the business. These senior stakeholders also help facilitate support from groups across the organization, participate in high-level decisions, resolve conflicts, secure necessary resources, and keep the work aligned with the
Test Your Year-End Project Readiness
Assess Q1 Project Readiness Before the New Year Companies often launch new projects in Q1. Budgets have been refilled, new headcount approvals are moving into recruiting, department heads know the latest goals, and everyone is eager to get a fresh start. But before your Q1 plans are complete, your project
How to Keep Strategic Projects Moving Through Business Cycle Disruptions
Major market events or operational upheavals aren’t the only things that can change the conditions around your strategic project. Every organization has a normal refresh cycle, including budget allocations, staffing requests, and new goals, and these routine realignments can also create project disruptions. How your project team and sponsors manage
How to Minimize Shared-Resource Risks Across Your Strategic Project Portfolio
Businesses often have several strategic initiatives active at any given time. Some are in planning, others are in execution, and still others are wrapping up or in post-project analysis. Across those different phases, multiple projects may simultaneously draw from the same shared resource pools, whether they involve sessions with a
What to Do When Your Project Team Is Busy but Progress Is Slower Than Expected
Strategic projects bring full workloads, but a busy team isn’t always a guarantee that the effort is on track. When activity is high but progress is lagging, it’s important to figure out where everyone’s putting their time. If your project’s progress doesn’t seem to match the full calendars and long task lists, consider these steps that can help
Tips To Prioritize And Manage The Must-Haves in Your Strategic Project
Strategic projects are inherently necessary. They may enable the organization to remain competitive, meet compliance mandates, or maintain fiscal sustainability. However, many strategic projects elicit a long list of requirements that stakeholders believe are essential. When everything is a must-have, it becomes difficult to determine what truly belongs in the