All Projects are unique. Because they are unique, the risks are often great and failure to deliver "on time" is always an option. Minimize the risks by informing your sponsor that until you are finished with your initial project planning activities you may not be able to provide realistic budget and time estimates. Once you have completed your initial project planning activities, (project planning is continuous) provide your sponsor with an estimated budget and time range, and remind him or her that as planning progresses these ranges may be adjusted to closer reflect reality.
And the correct response to "you are fired - we have to know the time and budget to start this project"....
Planning is crucial in a project as it is the only way we can have an idea of what the costs will be and which aspects will have to be considered in the project. Only then can we elaborate a budget and present it to the client.
Definitely, projects are unique because they are for different companies, lead in different circumstances and with different budgets. This is why planning is so important.
Post a Comment