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Back From Red: Recovering Failing Projects

Back From Red: Recovering Failing Projects describes the key elements in recovering Red Projects. It covers:

• The prerequisites for a recovery: The Executive Management’s responsibilities in realizing there is a problem to be solved;
• The four-step process to recover a project:
  • Audit: The unbiased acquisition of data about the people and the project;
  • Analysis: Analyzing the data to determine root causes of problems and developing the new project plan;
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Most projects’ problems exist long before there is approval for the project to begin. Unrealistic expectations, misaligned goals, improper supplier involvement, and poor definition are a few reasons that projects go awry. Therefore, looking at different methods to start projects—getting engaged with the customer long before the project starts—is critical.

Risk is in everything we do in life, from going to the store to managing our projects. If we understand the risks associated with something we are doing, we can address the risks better and in many cases avoid them all together. Unfortunately, risk often scares us and as a result, we ignore it. This course identifies types of risks on projects and ways to lessen their effects. What you will cover:

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Almost every project has some form of outsourcing. It may be bringing in a contract laborer, a programming team, or someone to build the entire product. The reasons are varied and include staff augmentation, acquiring a specific talent, risk mitigation and more! Regardless of the situation, project managers need to understand the outsourcing process from all angles to ensure each party gets value from the partnership. Creating the correct business agreement is crucial to attaining the best results for your project.