How can you keep your projects from getting out of hand?
Planning a project may seem very simple at first glance. You may say or think: “it’s just a to-do list”. No, far from it! People who are experts in project planning really squirm at such a notion.
Indeed, if you don’t have a good procurement and work schedule, it would be difficult to deliver your projects on time.
A project schedule should be seen as a tool to express what needs to be done, by when? And in what order?…Do you think it is always simple?
Given the complexity of many industrial projects, it is a reality that teams will face challenges during execution: methods, processes, interfaces between lots, priorities…etc. These challenges will require the analysis of deviations from the project baseline. Therefore, it is critical to have the appropriate planning techniques, processes, and tools in place to quickly remedy this hiccup and ultimately bring projects to completion. Unfortunately, this level of standardization and rigor in planning is not always addressed.
According to the Project Management Institute (PMI), ineffective project planning and management procedures cost companies around the world $1 million in lost revenue every 20 seconds. In addition, because of these errors, nearly half of all projects fail to meet their deadlines and more than one-third fail to meet their objectives.
1- Inexperienced project personnel
The number of inexperienced project managers and planners continues to grow in all industries due to general turnover and competition for talent. This lack of basic knowledge and business acumen often results in difficulties communicating project challenges to stakeholders or, worse, they go unnoticed, which can lead to very costly delays.
