Without stakeholders’ buy-in, a project cannot be successful. Understanding stakeholders’ priorities through the use of active listening is the key to developing relationships. There also needs to be engagement, open communication, mutual trust, and respect. Buy-in leads to ownership of the effective and efficient delivery of the project. Effective delivery includes specific activities required to enable adjusting and aligning behaviors and taking actions towards the targeted and desired business value outcomes.
Proactive project management methodology should be used from day one as it avoids failure and sets up a project for the best possible chance of success. Each project has an active sponsor with a strong business case defining the value as listed on the realization schedule. Project plans are structured for scope, cost, quality, schedule, and value. Monitoring and managing the progress of tasks are performed through frequent and consistent check-ins with teams. Weekly and monthly status reports are created to inform the executives, stakeholders, and other leaders of updates. Daily communication on progress maintains stakeholder engagement.
Failing projects can be recovered before they are canceled. Recovery must be executed consistently and with repeatable processes. Start with confirming senior leadership’s commitment. Then conduct an assessment with analysis on all project aspects: resources, deliverables, and project variables. Report and share these results along with resolution options. Complete the re-plan and restart of the project. Finally, drive to a successful implementation.