No one step is more important than the other and each step plays a crucial role in getting your project off the ground, through the race, down the stretch and across the finish line, before establishing a quality management system, your organization must identify and manage various connected, multi-functional processes to help ensure customer satisfaction, consequently, schedule risks mainly affect a project and finally on organization economy and may lead to project failure.
Management of a project is made easier if it is viewed as small manageable items where the dependencies are visually illustrated, parallel processes are discovered, the overall processing time determined and progress tracked, effective time management allows individuals to assign specific time slots to activities as per importance, also, review meetings and identifying and owning risks.
Regular (daily, weekly, change management forces you to slow down and make a plan, assure that you completely understand the change and its potential impacts to other corporate systems and data. Also, otherwise, you run the risk of jeopardizing your project and adding to the rich history of flawed product launches.
Start to mention the plan to write the success story to your customer already before and during the rollout, rather than trying to identify everything that is within the scope of your project, it might be easier to identify what is definitely out of scope. By the way, an issues management process gives you a robust way of identifying and documenting issues and problems that occur during a project.
The change management process is the sequence of steps or activities that a change management team or project leader follow to apply change management to a change in order to drive individual transitions and ensure the project meets its intended outcomes, project management is the application of knowledge, skill, tools and techniques to project activities to meet the project requirement and requires the effective management of the project management processes, furthermore, therefore, risk mitigation and management need to be long-term efforts by project directors throughout the project.
In fact, for any given project, it may take multiple process deliverables to produce the type of timely, high quality project deliverables that are expected and required, with visibility into all your demand, resources, and project portfolios, you can better align your efforts with your corporate strategy, work faster, and enhance resource allocation across every project. In addition, risk effectiveness can be strengthened with superior transparency, gained through better management and regulatory reporting and the greater accuracy of model outputs due to better data.
Having a well-drafted cutover plan ahead of the actual cutover helps give visibility on all the activities and tasks that need to be executed at cutover, at a minimum, include a project manager to enact changes on a day-to-day level, and a project sponsor to track overall progress and make high-level change management decisions, also, during an evaluation, information from previous monitoring processes is used to understand the ways in which the project or program developed and stimulated change.
Contribute to the establishment and implementation of risk management systems for all functions and activities of organization, between the start and the end of the project lie many pitfalls that will prevent you completing your project, and many approaches that will help you move forward, besides, implementation of the action plan should modify risk, and remaining risk has to be assessed.
Want to check how your Project Risk Management Processes are performing? You don’t know what you don’t know. Find out with our Project Risk Management Self Assessment Toolkit: