How to Ensure the Success of Your Company's Projects?

 
All companies agree on the value of project-based work within their teams. But unfortunately, the gap between manager expectations and actual employee achievements is often striking...
Some pitfalls hinder the success of this organizational approach that companies seek to meet reactivity requirements.
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 project team implosion due to stress generated by project-based work.

How to avoid them?
1- Build a high-performing project team
Before launching a project, you must ensure that the project team in place is high-performing. To do this, it must be composed of "experts" whose goal is to achieve objectives predefined in advance by management, respecting a schedule and budget. This requires a high degree of trust between the different actors (leeway) and the responsibility of each person involved in the project, even if they are not the "Project Manager".
2- Have realistic and achievable projects
Management must therefore ensure throughout the project (which, it should be noted, should not exceed 24 months) that it is achievable, from a strategic and economic point of view, but above all, from a human point of view. Guaranteeing the realistic nature of a project will significantly reduce the stress generated for the manager.
3- Develop a "Project Culture"
Aware of the high project failure rate, companies are increasingly striving to create a true "Project Culture". Some even manage to prioritize them on par with objectives. The project is no longer seen as a separate event, but rather as a way of working to guarantee faster ROI for the company.
4- Implement an action plan
The guarantee of a project's success depends on the implementation of a well-defined action plan, with actions and objectives clearly defined over time. This way, each actor will know exactly their scope of action, the different tasks to be accomplished, and the potential difficulties to avoid.
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, CEO ReKrute.com