Blog: Fixing Problem and High-Risk Projects
Estimates are a pain in the... er... butt. Everyone hates doing them. The reason? They are always wrong. They are either too optimistic, when we think we know more than we do, or they are overly padded, trying to account for the unexpected. Other times it is much more subconscious. Some little voice in the back of our heads is working on our conscience to change the perception of the work required. We can be our own worst enemies when it comes to creating estimates and do even more harm when we go to work the task. For now, let us look at a couple factors that influence how we determine the length of time it takes to do simple tasks and save the effects of that estimate for another article. With a little audience cooperation, we will produce a fun answer from a simple mental exercise.
People, who know me, are aware I am less than enamored of certifications and titles. Therefore, when I got my PMP many were taken aback, some laughed aloud, and, since I seemed to get it overnight, all asked why and how I got it. However, it is not just my situation, this is a perennial question in online forums and groups and it is a common topic at local project management meetings. In many of those discussions, people try to analogize the PMP to a CPA or MBA; without question, the requirements to get a PMP have none of the independent educational rigor of college level degrees. The PMP's worth is visceral and personal—it depends on each individual's goals and their project management experience.
The costs of failing projects are huge. Roger Sessions estimates the cost in the US alone to be $1 trillion annually. The impact, though, goes beyond monetary; it includes reputation, the organization's morale, consumption of resources, and missed opportunity by postponing other projects. Fortunately, there are also many unrealized benefits to glean from troubled projects. To reap those rewards, companies must adopt a culture to exploit failure and learn from it. More often than not, people just want to get the project behind them.
Negotiation is at the heart of every recovery. Once the problems are determined, you must get everyone to concur on the solution. Achieving agreement, however, is inextricably bound to culture—from Asia's polite bows and constant "yeses," to the fist pounding demands of the Middle East. The distinction hit me in back-to-back projects. Culture shock abound. Little did I know, I would find solace and guidance in a favorite Monty Python flick.
After being a project manager for a couple decades, the Procedure Police finally caught up with me and I had to get my PMP®. No, not for a job, for marketing. My publisher's marketing department made a PMP a requirement for publishing my new book. My wife was aghast that after teaching courses to PMPs so they could get their educational credits and recovering multiple projects that PMPs had led down the red road to failure, that I would have to go through any process to get this certificate. In her mind, my record of accomplishment should have stood for itself. I realized the bureaucracy of the whole affair and trudged forward.
Filling Execution Gaps
Rescue The Problem Project
- New PM Articles for the Week of November 9 – 15, The Practicing IT Project Manager, November 9, 2015
- The Argument for Disbanding Your PMO, Accellerated IT Success, Nov 13, 2015
- New PM Articles for the Week of September 28 – October 4, The Practicing IT Project Manager, October 4, 2015
- Episode 332: Project Sponsor Challenges and Solutions, PM Podcast, Cornelius Fichtner, September, 2015
- New PM Articles for the Week of December 1 – 7, The Practicing IT Project Manager, December 7, 2014
- How to buy Project Management Consulting Services: Service as a Product (SaaP), Guerrilla Project Management, Samad Aidane, December 2, 2014
- Episode 275: Your Project Statement of Work is Missing a Comma!, PM Podcast, Cornelius Fichtner, June 14, 2014
- State Invites 10 Firms To Shift Cover Oregon To The Federal Health Insurance Exchange, Oregonian, Portland, Nick Budnick, May 28, 2014
- Decision To Scrap Or Salvage Cover Oregon Health Insurance Exchange Poses Risks Either Way, Oregonian, Nick Budnick, Portland, April 9, 2014
- Cover Oregon Consultant: Fix For Health Insurance Exchange Could Take $40 Million, 21 Months, Oregonian, Nick Budnick, Portland, April 4, 2014
- Episode 205: Rescue The Problem Project, PM Podcast, Cornelius Fichtner, June, 2013
- Episode 206: How to Keep your Project out of Trouble, PM Podcast, Cornelius Fichtner, May, 2013
- How to identify, prevent, and recover from project failure, Accellerated IT Success,April 2, 2013
- Episode 260: The Seven Steps to Rescuing the Problem Project, PM Podcast, Cornelius Fichtner, January. 2014
- New PM Articles for the Week of August 6 – 12, The Practicing IT Project Manager, August 12, 2012
- New PM Articles for the Week of June 11 – 17, The Practicing IT Project Manager, June 17, 2012