Why do so many projects fail? Most reports from reputable publications claim that anywhere from 25% to 65% of tech projects end in failure or no return on investment. Almost none of these reported failures are due to tech problems but a direct result of some combination of poor planning and project management. Despite these statistics on project failure, firms continue to minimize or even disregard the importance of proper project planning when developing a timeline and budget for an upcoming project. At BCS Management, we spend as much time as our timeline will allow on proper project planning and initiating.
“Fail to plan, plan to fail.”
Project Planning Activities
As the lead or support on projects, BCS Management project staff ensure that project planning is a focus for all internal and external members of the team.
Defining the Overall Goal
Sometimes the overall goal is too vague and unclear. We help define what the goal is and help keep that at the forefront of all forward progression. This also helps define the scope of the project.
Keeping that goal in mind, we strategically outline and implement an actionable plan to achieve the goal and stay within the scope of the project.
Validations and Assumptions
As project managers we find it important to best identify risks as we plan the scope of a project and have a strategy in place should our assumptions be invalidated.
Validation and “Buy-In”
Project Initiating Activities
By utilizing an initiating process we help clarify the project's objectives and what is needed in order to achieve those objectives. Initiating activities help all understand what the project is going to do, how it will be funded and who will manage and perform the work to execute the end goal.
Kick Off Meetings
The kick-off meeting serves as a formal notification to all involved in the project (team members, clients, and stakeholders alike) that the project has begun. This also serves as an opportunity to be sure that everyone is aware of their role in the project.