How to Ensure the Success of Your Company's Projects?
11 June 2014
Read by 3830 persons
All companies agree on the benefits of project-based work within their teams. But unfortunately, the gap between the manager's expectations and the actual achievements of the collaborators is often glaring.
Some pitfalls hinder the success of this mode of organization that companies seek to meet the demands of reactivity.
What are the main reasons for project failure?
- Lack of buy-in from key players
- Lack of training for those involved in the project
- Poor communication between the different people making up the project team
- Risk of implosion of the project team due to the stress generated by project-based work.
How to avoid them?
Surround yourself with a high-performing project team
Before launching a project, it is necessary to ensure that the project team in place is efficient. To do this, it must be composed of "experts" whose goal is to achieve objectives predefined in advance by management, respecting a schedule and a budget. This therefore requires a fairly high degree of trust between the different actors (leeway) and the responsibility of each person involved in the project, even if they are not a "Project Manager".
Have realistic and achievable projects
Management must therefore ensure throughout the project (which, let's emphasize, should not exceed 24 months), that the project is feasible, both strategically and economically, but above all, from a human perspective. Guaranteeing the realistic nature of a project will significantly reduce the stress generated for the manager.
Develop a "Project Culture"
Aware of the high failure rate of projects, companies are increasingly striving to create a true "Project Culture". Some even manage to prioritize them as much as objectives.
The project is no longer seen as a separate event but rather as a way of working to guarantee a faster return on investment for the company.
Implement an action plan
The guarantee of success of a project depends on the implementation of a well-defined action plan, with actions and objectives clearly defined in time. In this way, each actor will know exactly what their scope of action will be, the various tasks to be accomplished, and the potential difficulties to be avoided.
In conclusion, implementing a project-based work method within your company can only be beneficial for ensuring its profitability, development, and performance, as well as that of its employees. However, the success of this operating mode depends above all on your involvement and that of the teams concerned.
Philippe Montant
Some pitfalls hinder the success of this mode of organization that companies seek to meet the demands of reactivity.
What are the main reasons for project failure?
- Lack of buy-in from key players
- Lack of training for those involved in the project
- Poor communication between the different people making up the project team
- Risk of implosion of the project team due to the stress generated by project-based work.
How to avoid them?
Surround yourself with a high-performing project team
Before launching a project, it is necessary to ensure that the project team in place is efficient. To do this, it must be composed of "experts" whose goal is to achieve objectives predefined in advance by management, respecting a schedule and a budget. This therefore requires a fairly high degree of trust between the different actors (leeway) and the responsibility of each person involved in the project, even if they are not a "Project Manager".
Have realistic and achievable projects
Management must therefore ensure throughout the project (which, let's emphasize, should not exceed 24 months), that the project is feasible, both strategically and economically, but above all, from a human perspective. Guaranteeing the realistic nature of a project will significantly reduce the stress generated for the manager.
Develop a "Project Culture"
Aware of the high failure rate of projects, companies are increasingly striving to create a true "Project Culture". Some even manage to prioritize them as much as objectives.
The project is no longer seen as a separate event but rather as a way of working to guarantee a faster return on investment for the company.
Implement an action plan
The guarantee of success of a project depends on the implementation of a well-defined action plan, with actions and objectives clearly defined in time. In this way, each actor will know exactly what their scope of action will be, the various tasks to be accomplished, and the potential difficulties to be avoided.
In conclusion, implementing a project-based work method within your company can only be beneficial for ensuring its profitability, development, and performance, as well as that of its employees. However, the success of this operating mode depends above all on your involvement and that of the teams concerned.
Philippe Montant
