The 23 Critical Steps Most Project Management Leaders Miss
Paul A. Tedesco [email protected]
In my book "Common Sense in Project Management," I cited a Department of Defense study of 8,000 projects completed in 350 companies.
Only 16% are considered successful...only 2% of these are used as first delivered!
Projects in bioengineering and pharmacology run similar risks. Why? In my long career leading advanced engineering and business application projects, I've observed that projects fail because project teams and their leaders miss one or more of the following elements. I've set them as a worksheet table for you to use in your next project.
CRITICAL STEP | NEED TO DO |
Identify critical Features that would make this project worth doing
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Identify critical supporting technology/architecture that make this project possible
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Identify alternatives that would satisfy making this project worth doing
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Identify the supporting technology/architecture alternatives that make this project possible
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Identify the Business Management, Technology personnel that are to participate in the project
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Determine the Senior management personnel that support the project
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Determine the Customer benefits
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Select elements for immediate implementation
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Determine What of the business can be resused for other business functions
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Determine what of the technology/architecture can be reused for other business/technical functions
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Determine the business benefits applicable to each specific business alternative
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Determine the business and technical benefits applicable to each specific technical alternative
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Determine how the business and technical alternatives can best be combined for the benefit to the business
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Describe the benefits of the combined business and technology alternative
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Select the best of the alternatives for implementing the project
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Identify how the selected alternative and the other alternatives would satisfy the corporate requirements
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Describe the new business opportunities that are created through the technology
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Describe the new technology opportunities that the business goals have unearthed and therefore the new business opportunities that the new technology will provide
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Provide an estimate of the value of the created business value
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Determine if the new business and technology opportunities should be placed in a new company division or should form a new corporation that benefits your corporation
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Properly handle inspiration
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Describe how the created ideas alter business and create new business competitive advantages
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Identify and take advantage of new business and technology insights
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