Project managers often face some serious challenges, all of which have the possibility of derailing the success of their project! A few of the important factors to stay on top off, include keeping track of project management resources, meeting strict deadlines and tight budgets. Keen to ensure the success of your next project? Then here are 5 powerful tips to do just that!
01. Know Your Project Inside Out!
At the very root of a successful project lies a strong foundation. A competent project manager would need to identify key stakeholders, what their key objectives and expectations are and how to communicate with them. Defining goals and objectives is also a major requirement for clarity and increased effectiveness in planning. This includes knowing what the scope of your project is, and sometimes more importantly, what is not included within the scope of your project. Establishing measurable and trackable success criteria contributes significantly to keeping your project on track.
02. Identify Project Requirements
Identifying project requirements early and documenting these is key to having a successful, smooth project. It is worth spending the time up front to fully understand the requirements and the pain points the project is expected to resolve. The next step should be to create a team capable of implementing the plan effectively, starting with defining roles and allocating the right tasks to the right people. This is also important to consider from a client/stakeholder perspective – ensure you have the right people in the room when having these discussions!
03. Communication is Key
For a project to run smoothly, effective and consistent communication needs to take place between clients and stakeholders. It is important for the completion of projects to ensure that everyone has the right information at the right time, in order to make informed decisions of the project’s key milestones. Regular project status reports are a must and a great way to keep the project team updated on project progress and any outstanding actions required of them.
04. Manage Potential Risks
Risk management has evolved to become an integral part of project management and governance. To ensure your project is a success, identify potential risks early, what might trigger them to occur, what the impact would be, and most importantly, what actions can be taken to effectively address or mitigate these risks.
05. Use a Project Management Tool
Employing the use of an effective project management tool is among the top ways to stay on track and ensure one single source of truth is reportable to all key stakeholders. The right solution acts as a central repository for all the relevant project information, communication, collaboration and feedback.
cammsproject, our award winning project management solution acts as a centralised platform to assist with establishing strategic direction, implementing projects, including operational procedures and risk mitigation, along with tracking time and budgets, among a host of other advantages.
If you would like to learn more about how our solution can assist you with the successful completion of your next project, click here to request a 15 minute discovery call.
With over 20 years’ experience in Risk Management, we have the expertise, resources and experience to meet your unique risk objectives.
Recognised as a Cool Vendor in ERM software by global analyst firm Gartner and recognised as a ‘High Performer’ for the third time in a row within G2 Crowd’s Grid Report for GRC software, CAMMS has tens of thousands of users across five continents.
Our Risk Management solution, cammsrisk, is built to comply with international standards, such as ISO 31000:2009 and the COSO framework.
For further information, interviews, images or product demonstration, please contact:
CAMMS’ Marketing Team on +61 (0)8 8113 4821 or [email protected]