Survival Options in Case of a Failing Project
By Michael Wood
Below is a list of survival options when you have a failing project at hands:
- Re-phasing – break the project into several smaller ones i.e. a series of releases, this usually requires good negotiation and persuasion skills
- Bring in the experts to assess and recast – this is a side step technique and you can only do this once if you are lucky
- Bail out – better to jump ship than to walk the plank
Michael Wood is the Subject Matter Expert on IT Strategy and Business Process Improvement for www.gantthead.com. His “Helix Factor” book series presents a comprehensive Business Process Improvement methodology that has been used successfully since the early 1980s to help organizations achieve breakthrough results. Michael is a CPA and has served as an adjunct professor for Pepperdine and Cal Lutheran universities in Southern California. In addition he has led workshops on Business Process Improvement, Strategic Planning and System Design on a national and international basis.