Effective Project Management
Challenge
One
of our client companies was losing millions of dollars each year due to
project restarts. The client held project kick offs and invited all of
the relevant players. Oftentimes, the executive sponsors were too busy
to attend. So, the project teams moved forward with their own plan and
vision. The challenge came in when the executives decided to join a
later meeting and would want to rethink the direction, thus moving
backwards in the project completion cycle. This rework was costing the
client millions of dollars.
Action
5 Dynamics®
worked with the company and taught them the 5 Dynamics®
language. We also shared the 5 Dynamics®
process model. We helped the executives to understand that they needed
to join the meetings during the Explore phase of the project completion
cycle and not wait until the teams had moved into Examine or even worse
Execute. The organization now uses 5 Dynamics®
flashcards to indicate what phase of the project completion cycle they are in at any given time.
Results
Just
this simple change saved the company millions of dollars. It also
provided a framework for running effective projects and it made it safe
to discuss project completion cycle stages.
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