Managing Troubled Projects
A Practical Approach for Rapid Assessment and Recovery of Troubled Projects
International statistics show that 2/3 of all projects face various levels of trouble.
The good news is that the same statistics show that 75% of all troubled projects can be recovered - this is almost half of all of our projects, conditioned we attempt to recover them properly.
This is why the knowledge and process in this course is very vital, for all types of projects.
This workshop is meant for those who are assigned to projects in serious trouble or which have major issues related to time, scope, cost, etc. This workshop focuses on helping project managers rapidly identify and correct major problems accruing during project activities. While the first and most important order of business is to prevent problems, we know that if you are in trouble RIGHT NOW, the first thing you want to know is how to recover. This workshop, therefore, focuses on the best practices for developing, executing and sustaining a recovery plan to get the project back on track and improve its indicators.
If you are a project manager who is in the trenches every day, sooner or later you will be staring into the face of a troubled project.
The project may be your own or maybe one you have inherited. Knowing what to do when the time comes will be critical to your success.
You will need to take action immediately-with speed, accuracy, power, balance and focus. You will have little time to think about an approach or polish your skills.
Rapid Assessment and Recovery of Troubled Projects demonstrate a proven process to project recovery.
During the workshop, participants will be able to learn the following:
- Identify and correctly define delayed and troubled projects and programs
- Learn how to monitor the main indicators of the project's health
- Practice the newly acquired skills in workshops with case studies
- Understand the common and special causes of project failure
- Define and manage the stakeholders of troubled projects
- Produce a recovery plan for a model troubled project
- Acquire and apply the knowledge required to lead a change initiative from its early steps to value realization
Below are the main outline of the workshop:
- Defining of troubled and delayed projects
- Main causes for project failure
- Developing a roadmap to recovery
- Change management models
- Project Scheduling for troubled projects
- Cost and Risk management practices
- Project stakeholders
- Reporting and follow-up activities
- Evaluation of the recovery plan results
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