26 Feb Prepare before kicking off a Project
If you are in a project based business and already know that many things could go wrong between you and completing your project successfully, from the budget to the bureaucracy, anything can become a feasible threat to the project you are working on. However, the most damageable threat can be not knowing when you will successfully complete a project.
Project management is a multifaceted process which involves a lot of risk factors. This calls for a wide-ranging as well as collective attention to a number of budgetary and technical variables.
Projects will often include specialized factors which are critical to the success of your project and will need to be addressed properly implemented.
Many people will ask, is it when you completed the scope of the work, or perhaps when the client pays you?
In most scenarios, businesses that have not pre-defined their success criteria when they kick off a project, and many have the wrong set of criteria when they start off. There are cases whereby everyone working within the project has their own definition of success.
Below is a Few hits to kick off your project:
Define your objectives:
The first thing will be to understand what you will be needing out of the project. Tip – Read the “Statement of Work”. This is where most projects fail because project managers fail to see and understand the importance of the objectives and scope.
Research and show due diligence:
Your research needs to include everything from marketing opportunities to challenges that could occur.
Below is a few factors you need to answer or have a look at when researching:
- Look at your current market trends.
- Who are your target market?
- What your audience’s needs.
- What your competition is doing?
- Latest trends
- How to address challenges.
- Solving problems/challenges.
What is your Plan of Action?
When looking at your plan of action this is defining the roles and responsibilities.
What if your plan A fails?
Always remember to have a plan B in mind. Remember to include emergency funds etc.
These are important factors to understand and get in order when starting a project and if all fails, we have just reminded you to always have a Plan.
What are your thoughts. Feel free to comment.