Project Management

Wednesday, February 12, 2014

5 RISKS TO PROJECT SCHEDULE


1. Not Scheduling Vacations

Is anyone taking an annual vacation this year? Yes? Well, are those dates incorporated into your project schedule? It can be difficult to get this information from your project team members, especially if they don’t work directly for you, but the best thing to do is to bring it up during one of your regular team meetings. Use your normal team collaboration approaches to check the dates of everyone’s planned annual leave (including your own). Then you can incorporate this downtime into the schedule. If you don’t, there is a risk that you’ll be allocating tasks to team members when they aren't even in the country. This will delay the project overall and it could inconvenience other teams and departments that are waiting for those tasks to be completed.

2. Scheduling Everyone At 100%

Everyone is dedicated to your project and gives it their all, right? Wrong, but not for the reasons you might think! Even the most dedicated project team member won’t spend 100% of their day – 7 or 8 hours – working on your project. They go and buy a sandwich, they talk to a colleague they haven’t seen for ages, they have a doctor’s appointment… The list of things to fill up a day with (that aren't your project) is huge.
The risk here is that your schedule will suffer delays as tasks take longer in reality than you planned. The best way to handle this is to make sure that you only schedule project team resources at 80% capacity. You can do this every day by limiting the amount of hours of tasks they have to do, but it is probably easier to do it by week. Everyone’s availability per week then only becomes 4 days out of 5.
If you report or update your schedule on a weekly basis this should be manageable. If you do update your schedule more regularly than this you may have to look at scheduling on a daily or hourly basis instead.

3. Forgetting Tasks

Ideally, your project schedule should include absolutely everything from the very first day that you commit your thoughts to your online project management tool. Unfortunately, it is rare that project teams have that much clarity about project tasks, and there is normally something that has been forgotten!
Small tasks may be able to be accommodated without many issues, but if you have left out something major – well, that’s a different problem.
There’s a risk that uncovering a large task that has been missed delays your schedule to the point where you can’t achieve the published deadlines. Then you’ll have to submit a change request to your project sponsor and ask for the end date to be officially moved.
Build in a mechanism or process to deal with forgotten tasks and remember to review your schedule regularly with your team. This will at least ensure that you have the time to discuss any extra tasks with your team members, so there is less likelihood of tasks being overlooked.

4. Inaccurate Estimates

If you are doing something for the first time it can be difficult to work out exactly how long tasks will take. Even subject matter experts may not know, even if they have done something similar before.
Projects are generally unique and anything with a bit of innovative thinking may require you to plan for tasks that have never been carried out in the company before, such as the launch of a new piece of software or a new product.
Inaccurate estimates can be a risk to your project schedule because they mean your milestones and end date can change dramatically. Normally the problem comes when the estimates are too low – not many project sponsors worry about delivering a project early!

5. Scope Creep

Scope creep is when unauthorized changes slip through and make it into the project scope. This results in the team doing more work than originally planned. Scope creep normally happens when a key stakeholder puts forward a request to change something and this does not, for whatever reason, go through the change management process.
Over-enthusiastic sponsors are often the culprit! They ask for changes without necessarily understanding the full implications for the schedule, resource plan or budget, and yet the team has to make the change. The risk here is that the overall project schedule slips. Critical tasks may not get completed on time as team members are working on new changes, and that can create delays that you might not be able to make up.
The best way to avoid the risk of scope creep is to ensure that all changes go through the approved change management process. A good project schedule is the foundation for any project, and the project manager should make sure that it is as accurate as possible. All projects face risks, and risks to your schedule are no different.

5 comments:

  1. In every project management application we can easily prioritize tasks of every team member. There are a lot of such tools, but I suggest to take a look at this most popular tool - http://www.replicon.com/olp/online-time-recording-software.aspx. It is the best solution that allows you to prioritize your clients as well. To do that we've chosen a different approach for our tool to manage workflows of our projects.

    Moreover, every team member get a personal task list which is already prioritized in a proper order. And every project workflow is an advanced template which can be easily reused in a future projects.

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    1. Tag: PM201A54. Let me share all of you about #5 Tips for Project Management Success,, I hope you enjoy it

      1. Plan your day using time management techniques

      As a project manager, time management skills are essential because you are dealing with a wide range of tasks that demand a quick turnaround time. Planning your day will go a long way in keeping you organized and increasing your productivity. Assist your task planning by using project management software which helps you track the work of you and your team.

      If you are not very tech savvy, a simple to-do list can also be a great organizational tool. Prioritize your most important tasks by putting them at the top of the list and less important ones at the bottom. Having a visual plan of your daily tasks helps to keep you on track and aware of time.

      Related post: Free ebook 104 secrets to become a great project manager

      2. Include stakeholders in important project conversations

      While you will have plenty of responsibilities regarding the project, don’t neglect your clients.

      Good communication is essential is keeping both parties informed of project progression, curtailing scope creep, and apprised of changing requirements. Some clients may have different expectations when it comes to communication, so make sure to establish the frequency and type of communication (like emails, phone calls, and face-to-face conversations) at the beginning of your project.

      Establishing communication expectations early helps alleviate stakeholder uncertainty about communication frequency and delivery.

      3. Regularly communicate with your team

      Daily team communication helps keep misunderstandings and unclear requirements under control. Keeping your team informed in every step of the project is essential to project management success.

      For example, a study published by Procedia Technology found that good communication skills were the cornerstone of project management. The study examined over 300 “construction project managers, architects, construction managers, engineers and quantity surveyors” and their successes and failures on various construction projects.

      4. Anticipate project setbacks

      Even the best-laid plans often go awry.

      Remember that even with a high amount of planning and attention to detail, your project may still encounter some challenges. Pay attention to complaints from stakeholders or colleagues, and other warning signs, like a missed deadline or cost overrun, that there may be a problem.

      Preventing a crisis will keep your project running smoothly, save you a lot of time, and keep you, your team, and your stakeholders confident in progressing with the project.

      Unfortunately not every complication can be avoided. Crisis management skills are essential for dealing with the unexpected. Project managers need to be flexible and pragmatic. Improvise and make sharp decisions when needed.

      Related post: 92 free project management templates

      5. Stay focused on the details

      A common problem project managers encounter is having the project aims not aligned with the organization’s objectives. A great project manager will strategize a plan for the project to lead back to the overall success of the business.

      Know your project’s scope by heart and avoid wandering outside of the project’s requirements. It’s too easy to get lost in minor details and forget what your focus is, so a well-planned project scope is essential for success.

      And final, you should use KPI to measure effectiveness of the project, here are full list: 76 project management KPIs


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  2. Thanks Shenoi for the inputs..Appreciate !!

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