Despite good intentions and best of efforts, some projects face challenges. A project may be in trouble due to ineffective project management, scope creep or excessive customization, organizational adoption inhibitors, or a failure to meet the original requirements for which it was initiated. The decision then needs to be made as to whether the project is recoverable or not.
Over the years, we’ve found the key reasons why projects fail to be:
Unclear requirements that may be ambiguous, contradictory, and imprecise
The inability of stakeholders to agree on or prioritize features, functions, and schedules
A lack of resources, the wrong resources, resource conflicts, or the turnover of critical resources
An absence of—or ineffective—project governance with limited management involvement and ownership
Poor budget and project planning based on insufficient data with unrealistic or overly optimistic release cycles
A failure to assess and manage risks
Following a detailed assessment based on a proven methodology, our team will both identify the reasons as to why the project is failing and—if applicable—provide an actionable recovery plan. While each project recovery is unique, our detailed project recovery plan generally includes the following elements:
An assessment of the current state of the project, including:
Structure
Scope (expected vs completed)
Schedule
Governance
Resources
Risks
Change management
The identification of the obstacles or problems at issue
The development of an appropriate plan for project recovery, including:
Corrective actions required
Preventative actions required
Structured governance
Schedule for recovery
Budget for recovery
Recovery KPIs
Roles and responsibilities
If needed, we’ll stay with you until the end of the recovery project, guiding you through each step of the recovery plan and ensuring the realization of the desired business outcomes.