An estimated $50 to $150 billion dollars is lost in the U.S. every year as a result of poor project management. Hitting closer to home, a Harvard Business Review study suggests that 1 in 6 IT projects overruns its budget by 200%.
Don’t let bad project management practices obliterate your budgets.
We know you work hard, and you expect a tidy margin. Help yourself meet those profitability expectations by familiarizing your team with the top project management blunders.
Be on the lookout for these great additions to our ongoing project management series. We know it’s a topic you need to understand in order to be successful, so we’ll keep adding best practices we’ve learned in our 30+ year of experience in the technology service provider space.
Project Management posts coming soon:
Delivered in two parts, this homes in on the biggest threats to your project succeeding—poor planning, no project sponsorship, mismanaged budget, inadequate resource planning, under delivering, and scope creep.
While project management processes will need to evolve with your business, you should carefully vet new processes before you implement them. We’ll share the top 10 questions you should ask when making a project management process change.
Knowing which project advice to follow can be daunting. Don’t leave anything to chance. Put our 30 years of industry specific project management experience to work for you. We’ll share the top 4 things you should be doing to better manage your technology service projects.
With best practices like these, you’ll never have to worry about your projects being the part of the 1 in 6 that go 200% over budget. To be notified when the next part in this series posts, subscribe to our blog.