Guest blog: Five keys to win at project management | Business … – Business & Finance (blog)

There are many ways to succeed at project management. A few ideas to help you get started include making Agile a part of everyday methods, Benefits Realization Management, executive sponsors,talent and strategy. Agile methods will help you adapt to shifting needs and abilities. Benefits realization management is an important measurement tool for decided whether a project has value. A quality relationship with executive sponsors is key to success, this is accomplished through clear communication and defining of expectations. Experienced project managers are going to be in short supply coming years, working to have the right talent in these positions is also essential to success. Finally, having a clear vision and good management strategy will make all the difference in the quality and success of a project.

Key Takeaways:

  • Project delivery, at its most basic, should cover the objectives of timely inception, cost-effectiveness, and functionality as defined by the project.
  • Research suggests that companies that go with proven management practices tend to waste 28 times less money, because their objectives, budgetary constraints and scheduling are well-clarified.
  • For an enterprise to succeed, managers and executive sponsors need to engage well with each other and understand each one’s responsibilities and expectations, as regards the other.

“Having the right people in the right roles is integral to project success, and so, development of technical and leadership skills is a high priority.”

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