Managing expectations can be one of the most challenging aspects of project management. Unrealistic expectations can play havoc with a project’s schedule and budget.
There are ways to mitigate the risks however. These include: putting together the right team to work on your project; documenting your plan and expectations to include major milestones and timelines to include contingencies; reviewing performance against the plan and reporting that performance to clients and stakeholders.
Finally, it is also important to accept that things will go wrong and mistakes will be made. Be ready to present a plan for dealing with conflicts, be honest about any mistakes and present solutions, not just the problem.
Key Takeaways:
- Creating realistic parameters for a business endeavor is crucial, as unrealistic expectations can decimate a project’s anticipated timeline and budget.
- To ensure quality and on-time delivery, it’s essential to get a team that brings together people with the needed skills and the personalities to work well as a unit.
- Instead of rushing to finish, it’s a good idea to build in a period of discovery, in order to explore the scope of the endeavor.
“Demos allow decision makers to see for themselves if the project seems on track, ahead of schedule or behind schedule.”
Read more: https://www.cio.com.au/article/625696/8-project-management-tips-setting-managing-expectations
