When multiple sub-teams and cross-functional groups are working on the same project, there is a risk of disparate project plans popping up. These are typically fractured and incomplete, and they create all sorts of trouble for PMs and the organization’s leadership. One key to project success is avoiding this proliferation of different plans and schedules, particularly when executing large, complex, or high-visibility initiatives that are strategically important to the company.
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With numerous stakeholders to support and ambitious corporate goals to achieve, project teams sometimes fall into the trap of over-committing themselves as they try to make everyone happy. Some agree to aggressive schedules in hopes they can shave time off along the way. Others begin projects with a too-lean budget expecting they will somehow keep expenditures below normal levels. In each case, the team usually ends up looking bad in the end, as the project’s target completion date encounters delays and requests for additional funds pile up.
In the early phases of project planning, there are many things the Project Team doesn’t know. But as the process gets underway, the team needs to make it their mission to ensure they get the information they need to understand where risks exist, to determine the most efficient and effective scope and timeline, and to make the best decisions as they move forward. If the data being used by the Project Team is incomplete or inaccurate, the project could go over budget or even fail to achieve its goals.
Every project is comprised of a number of individual tasks. Some tasks can and should be executed simultaneously, and at other times one task must be completed before the next activity can begin. Unfortunately, there’s a lot that can go wrong with these task chains, and the potential for problems grows along with the scope and complexity of the project. For example, the Project Team might not realize that one delayed task doesn’t just impact one other activity, it actually affects the execution plan for many other tasks that are scheduled to happen later in the project.
Information is one of the core pillars underpinning every successful project. With the evolution of technology and more compute power available than ever before, there’s little reason centers of excellence should continue to rely on data that may be days or even weeks old when it comes to identifying potential issues, forecasting activity schedules, making strategic decisions, and pouncing on opportunities in the marketplace.
Several factors can create challenges for manufacturing project teams. For example, among the many concerns for PMs today are unexpected supply chain issues related to ramping up after a prolonged downturn. It can be tremendously difficult to juggle increased manufacturing needs—often with time pressures as primary drivers—against potentially decreased bandwidth across suppliers and producers.
Ongoing education is a critical part of maintaining a Project Team’s base of skills and expertise. Using internal team members to train others in the group is often an attractive option—it doesn’t entail the typical hard costs associated with outside training and classes can be conducted with little advance planning. This takes good advantage of downtime while keeping everyone up to date on best practices. However, though the cost savings and flexibility may be tempting, there are some challenges that teams need to be mindful of if they want to get the most benefit out of their internal training opportunities.
Project teams often utilize a number of strategies when making difficult or high-impact decisions. Communication channels, workflows, the use of external experts, even the Project Team’s reporting structure—they all play a role in helping PMP®s evaluate the available options and choose the best possible solution. It’s a system project teams refine as their portfolio matures…
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