Project Management and honesty

After reading $170 Million dollars lost on a failed project at the FBI it once again clear to me that one of the key virtues of good project management is honesty.

Projects usually start with a viable idea that seem reasonable enough to implement. The FBI project was no exception. As the project continues it expands in scope in thereby in time, money or both. For example migrations need to take place and additional stakeholders and users need to be satisfied.

When you are underway and all the road signs indicate big or small trouble, it is time to recognize that major steps need to be taken. You need to go back to your objectives, get the project back on track by reshifting the balance of time, scope, quality and money.

After all a project needs an end to it. Otherwise we wouldn’t call it a project.

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