Everyone would agree that unless something brings a benefit to a company it’s not really worth doing. Unfortunately, this philosophy is not always observed, especially when it comes to projects. Projects need to be aligned with your company strategy otherwise they are a waste of time and money. Here’s why.
When you first started your business you probably chose your suppliers because they provided the best possible products and service for a price you could afford. And if they did a good enough job you most likely stuck with them. But are they the right suppliers to keep long-term?
If you’ve ever heard of scope creep, you know of the importance to state the scope of a project as clearly as possible. Scope creep is defined as adding unauthorised additional functions or requirements within a project with the end result that the project either does not finish on time or within budget (usually both!).
When you first started your business, you probably had to do everything. You got stuck in working on all the day-to-day details and kept everything in your head. As your business grows this has to change. If you keep running your growing business the same way as your small business, you are in danger of becoming the biggest bottle-neck for growth. You simply run out of time, energy and even brain space.
Many businesses operate under the motto “If it ain’t broke, don’t fix it” and stick with existing systems for as long as humanly possible. Worrying about cost or organisational upheaval are probably the main factors for this behaviour on this text to edit it.
Poor communication can derail the project at every stage of the project delivery life cycle. From uncertain goals and badly formulated requirements at the beginning of the project, to disenfranchised stakeholders, bad planning and completely missing the outcome of the project. Let’s have a look at what you can do to get this important part of your project right. What do you need to consider?