Project Management

Voices on Project Management

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Voices on Project Management offers insights, tips, advice and personal stories from project managers in different regions and industries. The goal is to get you thinking, and spark a discussion. So, if you read something that you agree with--or even disagree with--leave a comment.

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5 Strategies Equipping 2025 PM Success

By Peter Tarhanidis, Ph.D.

Many leaders accept failure as part of their learning to enhance their future and mature outcomes. At the beginning of a new year, we must reflect on the past year’s successes and failures. Reflecting on project failures in 2024 offers leaders valuable insights to foster success in 2025. Understanding these challenges, supported by data and examples, is crucial for leaders aiming to enhance project outcomes in 2025.

Here are some notable quotes and perspectives on failure and resilience:

  • Failure as the stepping stone to success: "Only those who dare to fail greatly can ever achieve greatly." — Robert F. Kennedy.
  • The power of perseverance: "The secret of life is to fall seven times and to get up eight times." — Paulo Coelho
  • The need to take risks: "Risk is not to be evaluated in terms of the probability of success but by the value of the goal." — Ralph D. Winter

Leaders should reflect on 2024 project failures with a focus on identifying root causes, assessing systemic issues, and implementing actionable lessons. Below are examples of challenges organizations and leaders faced or continue to struggle with:

  1. Poor resource management: Inefficient allocation of resources led to project delays and budget overruns. TeamStage’s 2024 survey cites 60% of respondents identified poor resource management as their biggest challenge. Prosymmetry illustrates this impact; the Denver International Airport's automated baggage handling system faced severe delays and budget overruns due to inadequate resource allocation and management.
  2. Lack of defined project management methodologies: The absence of standardized processes resulted in inconsistent project outcomes. Plaky’s 2024 survey indicates that 42% of project managers do not follow a defined project management methodology, making their projects 15% less likely to meet goals and stay within budget. Prosymmetry 2024 shares an example of when the Ford Edsel project failed due to the absence of a clear project management methodology, resulting in misaligned objectives and market misjudgment.
  3. Unrealistic deadlines: Setting unattainable timelines leads to compromised quality and team burnout. Tempo 2024 states that 31% of project managers reported unrealistic deadlines as a top challenge. A key highlight noted by the Project Management blog is when the FBI's Virtual Case File project was abandoned after four years and $170 million spent, primarily due to setting unattainable deadlines that led to incomplete and faulty deliverables.
  4. Insufficient budget: Unsurprisingly, underfunded projects struggled to procure necessary resources, affecting deliverables. Exploding Topics 2024 survey notes that 17% of project managers cited insufficient budget as a significant challenge. ProjectManager blog cites the California DMV's IT modernization project was canceled after $135 million was spent over nine years, largely due to chronic underfunding and budget mismanagement.
  5. Poor project quality: Without the voice of the customer, deliverables failed to meet stakeholder expectations, necessitating costly revisions. This was noted by the Exploding Topics 2024 survey by 13% of project managers, who identified poor project quality as a major issue. ProjectManager blog notes the Healthcare.gov website launch in 2013 suffered from numerous glitches and downtime due to inadequate testing and quality assurance, leading to a poor user experience.

2025 Strategies to Ensure Success

  1. Implement defined project management methodologies: Adopt a standardized framework like agile or waterfall to provide clear guidelines and improve project outcomes. Tempo 2024 confirms projects are 15% more likely to meet goals and stay within budget when following a defined methodology.
  2. Set realistic deadlines: Engage stakeholders in setting achievable timelines based on resource availability and project scope. Leaders will reduce the risk of team burnout and maintain quality standards.
  3. Ensure adequate budget allocation: Conduct thorough cost estimations during the planning phase to secure necessary funding. Leaders can prevent resource shortages and maintain project momentum.
  4. Enhance project quality: Implement quality assurance processes and continuous improvement practices. Organizations can deliver products that meet or exceed stakeholder expectations, reducing rework.
  5. Invest in resource management tools: Utilize project management software to optimize resource allocation and track progress. This will aid leaders in improving efficiency and in meeting project objectives.

By addressing these challenges with targeted strategies, leaders can build project maturity and drive more successful outcomes in 2025. What project challenges did you have in 2024, and what actions will you take to ensure success in 2025?

 

References

  1. https://teamstage.io/project-management-statistics
  2. https://www.prosymmetry.com/blog/4-famous-project-management-failures-and-what-to-learn-from-them
  3. https://www.tempo.io/blog/failed-projects
  4. https://plaky.com/learn/project-management/project-management-statistics
  5. https://www.projectmanager.com/blog/failed-projects
  6. https://explodingtopics.com/blog/project-management-stats
Posted by Peter Tarhanidis on: January 28, 2025 01:57 PM | Permalink | Comments (2)

Increasing the Impact of Lessons Learned

By Lenka Pincot

Project management affords a great opportunity for professional and personal learning with the identification of lessons learned as one of its standard practices. Discussing the lessons learned within the team or sharing them with other colleagues outside of the project is all about looking for ways to do things better next time. But what can be done to maximize the use of lessons learned?

There are numerous examples in which the ability to identify opportunities for improvement and put them into practice falls fully within a team’s autonomy. These may be, for instance, suggestions on how to prepare for a kick-off meeting, tips on how to onboard new team members faster or how to better engage project stakeholders. But there are also points that can’t be addressed within the project, because they are in the hands of teams outside of the direct project manager’s influence. The team may be challenged to stay motivated during the lessons learned session while they express doubts that any change will occur.  

I came across the aforementioned frustration when discussing the topic of lessons learned during one of our PMI chapter events. When I recalled my own experience and efforts to maximize the benefits of identifying lessons learned, I realized there are three focus areas:

  1. Adjust the frequency and format

Lessons learned sessions are no longer expected to happen only after the project is delivered. Learning is a continuous process and, as such, should be encouraged by frequent lessons learned gatherings. But it is also important to note that we learn when we need to learn—when it is useful. And when we need something, we take the path of least resistance to get the piece of knowledge we are looking for.

When we say lessons learned repository, we probably imagine an Excel file or database. Is there a way to make the content more visible and instantly accessible? To have it in front of our eyes and updated frequently so we have a rough idea of what information we can find there?

At present, I mostly work with teams using agile project management methods, for which lessons learned sessions are replaced by frequent retrospectives. We look back at a specific short time frame and are expected to agree on what experiments the team will try in order to achieve improvement. Outcomes of retrospectives are written on white boards, then placed either in a physical team space or a digital space (their interactive wiki pages.)

  1. Practice Kaizen principles

Kaizen comes from Japan and is a term that refers to good change, continuous improvement or change for better. Kaizen is based on a reflection of the team’s performance, addresses inefficiencies and is delivered in increments.

When you discuss the lessons learned, empower your team to make a difference by translating the areas of improvement into smaller steps that are within the team’s influence and can be delivered. Encourage them to execute these steps. As they are less complex and more achievable in short time frames, the team can experience benefits sooner and realize that the change is in their hands.

  1. Reach across the organization

Projects do not exist in a vacuum. The way they are delivered is highly influenced by the entire organizational setup. In order to change the determining environment, look for ways to use the power of project learning to influence the organizational environment. In my experience, it only works when you are able to identify the value that the change brings to the other parts of the organization.

In one of my assignments, I had often heard complaints about insufficient testing and training of users of a new information system that was the outcome of IT projects. The lesson learned was that users were not involved soon enough, the training materials did not meet expectations and that it should get more attention next time. We identified a solution that we applied to our project with positive outcomes. How could we prevent this situation from happening with the other projects that were coming down the line? What was needed was to make our approach an organizational standard so that other projects could benefit.

If you don’t have the mandate to make a change, use your influencing skills. Raise awareness of the topic, use success stories collected throughout your project to demonstrate that there is a way to solve the issue, make allies by delivering good work and network to spread the good news. When the decision-makers start to get curious, have your recommendations at the ready.

How do your project teams use lessons learned to grow?

Posted by Lenka Pincot on: June 03, 2020 09:28 AM | Permalink | Comments (24)
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