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Tuesday, February 09, 2010

Does your Project Still have Value (revisited)

Are you working on a project that has diminished in value?  If you or others are questioning the value of one of your projects, think about these things:

What would happen in your organization if the project were cancelled?  Would some of the cancelled project's objectives find their way into an existing project... a new project? Should a portion of your current project be de-scoped because of changes beyond your control?

Does the project still link to your organizations strategic goals and/or objectives?

Does the project still have visible support from senior management?

Does the project still generate excitement?

Is your organization still going to gain all the efficiencies or be more competitive as a result of successfully completing the project?

Are you hearing a lot of negative "buzz" about the project?

Would your project have had more value if it were implemented sooner? 

Is the project over budget, late?

Is scope creep a problem?

Has the project sponsor suddenly abandoned the project?

I'm know there are lots of other questions that could be asked. We need to keep in mind that all projects eventually end. Some end when they are completed successfully, and others are terminated early for a variety of reasons. 

The important thing to keep in mind is that you must continually communicate across, up, and down the organization to find out what others are thinking about your project, and more importantly, you muse communicate what is happening with your project.

If the project manager is the only person in the organization that thinks his or her project has value, then the project manager isn't really thinking.

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