The first thing to say is OK no-one wants to be in a position of project rescue and recovery. The plan was sound and objectives clear, but somehow and somewhere along the way something has gone wrong. The question now is what to do about it and the key to project rescue and recovery is PRIORITISATION.
If you would like to discuss project rescue and recovery, please make contact using the Online Form. Remember at PACE-Consulting.co.uk all services are offered at extremely competitive hourly and daily rates or as fixed priced packages to ensure you get the maximum return on your investment.
Whilst you consider your next steps the following tips are designed to help you decide where your focus should be for project rescue and recovery by prioritising either: –
– Delivering the project on-time
– Keeping the project within budget
– Maintaining the same scope and quality
Delivering the project on-time: It might be running late but that doesn’t mean it has to be delivered late, and if delivering the project on-time is your priority you have two choices when in recovery: –
- If you have the budget, increase the resources working on the project whilst accepting the associated increase in costs.
- If not then phase the project, reducing its scope at initial launch whilst accepting you won’t deliver everything on day one.
Keeping the project within budget: Finances are tight and there is no more cash, it needs to go live, but there is not an opportunity to simply throw money at it, once again here are your two choices when in recovery: –
- Reduce the scope of the project whilst accepting you won’t get all the functionality and ultimately benefits you originally committed.
- Go for cheaper options, whilst accepting a lower quality standard than originally planned.
Maintaining the same scope and quality: There is no way the project can go live if it is not going to meet certain standards. If this is the case then when in recovery, either: –
- Increase the resources working on the project whilst accepting any associated increase in costs.
- Delay the project going live and spend the time getting things right, whilst accepting any criticism of it being late as well as the increased costs associated with keeping the project team on for longer.
Making these decisions isn’t easy, but surely far worse to pretend that everything is OK and it’ll all simply work itself out in the end. If you find yourself in recovery I sincerely hope you do manage to rescue something from your project and find the guidance on this page useful. Also, when managing projects it is always worth keeping in mind where such focus would need to be, just in case you ever need to call upon it. Because although everyone would like all projects to be 100% successful all of the time, that is not possible. Always remember what is really important; delivering on-time, to cost or the agreed scope and quality.
Remember at PACE-Consulting.co.uk all services are offered at extremely competitive hourly and daily rates or as fixed priced packages to ensure you get the maximum return on your investment. To discuss any of the services offered, including partnership working oppotunities, please make contact using the Online Form.