Download PMW_0030_Rescuing_Part2.mp3 (16.5 MB)
Most project managers would agree that the downward spiral of a project can be attributed to poor stakeholder management and communication strategies. Moreover, the negative momentum troubled projects take on are often due to the inability to identify who are the influencers of the project and what are their level of involvement and expectations. In many cases, project managers have the most difficulty communicating the right objectives to all the stakeholders involved. This is especially true when managing external stakeholders (e.g. implementers) in which project managers in many cases have a minimal understanding of their dynamics, leading to the ultimate reality of a troubled project. Consequently, when faced with a troubled project, highly-skilled project managers excel in quickly assessing the root of a project’s problems and leveraging the best people, processes, and tools to rehabilitate a project that his heading for failure.
For August, we examine the human element that impacts troubled projects and how to ensure stakeholder buy-in to rescue a sinking project. Today, we bring you part two of a two part series on rescuing troubled projects.
To do this we're sitting down again with industry insider, Mark Hall who is an executive with 20+ years experience applying Project Management Best Practices to business operations in the Aviation and Semiconductor industries. He is President and co-founder of William George Associates and a leading speaker on the application of Project Management tools and techniques. Additionally, he sits on the Board of Directors of the Massachusetts High Tech Council. Today Mark shares his experiences in managing stakeholders to get troubled projects back on track.
Music Notes
1. The opening of the episode – “Offroad”
2. Interview with industry insiders – “Redondo Beach”
3. The closing of the episode – “Greasy Wheels”
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