LearnShareProsper logo Boosting Business Performance Adele Sommers
by Adele Sommers, Ph.D.
 www.LearnShareProsper.com Adele@LearnShareProsper.com 
In This Issue

October 20, 2005
Quarter 4, Issue 3

“How-to” tips and advice on increasing business prosperity, published every other Thursday.

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Greetings!

- Feature Article: Don’t Be Snared by These 6 Common Project Traps

- Note from the Author: I Love Fall Weather!

- Special Message: You Have Some Great Insights!

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Note from the Author

I Love Fall Weather!

Fall leavesAutumn is absolutely my favorite time of the year! October almost always offers a balmy, colorful respite from the hot summers we experience in the inland areas of the California Central Coast. Soon, the air will be crisp and clear — and a wonderful stimulant for starting new projects and hatching powerful, creative ideas.

I hope you enjoy today's feature called “Don’t Be Snared by These 6 Common Project Traps.” As always, I value your comments.

Here's to your business prosperity!

Adele
Adele Sommers, author of the “Straight Talk on Boosting Business Performance” success program

P.S. If you missed the last issue, here's the October 6th edition.

Special Message

You Have Some Great Insights!

Many thanks to another listener of my ongoing, no-cost 8-Week Teleseminar Series, who asked: “What are some good project models to follow?”

Projects often have highly changeable requirements, and that leads to iteration — a lot of it! As you may have noticed, defining project requirements and then designing, developing, testing, and rolling out whatever a project produces is not a clean, linear process. That's why the more traditional “waterfall model” (that shows each stage of a project's life cycle stopping cleanly and cascading neatly into the next stage) tends to get derailed early on.

In contrast, more adaptable models have been becoming popular over the last few decades. These models often entail a looping or spiral process, not a single, straight path. They recognize the difficulty people have trying to envision what their projects should create. Most of these models encourage people to mock up and critique their design ideas repeatedly (as in the “rapid prototyping” and “spiral” models) so people can see more clearly how their ideas will play out. Some models are more suited to certain types of undertakings than others, and each has its pros and cons, but all offer flexible ways of handling the dynamic nature of projects.

Feature Article

Don’t Be Snared by These 6 Common Project Traps
by Adele Sommers

When your enterprise decides to undertake a new endeavor — whether it’s designing a new training program, planning a new service, or revamping an existing product — this endeavor is called a project. It involves people, funding, resources, schedules, requirements, testing, fine tuning, and deployment, plus a host of other activities.

You may have seen this phenomenon by now: projects are risk magnets. Why is that?

Risk magnetThere appear to be several factors involved. Managing project risk is a process that seems to be poorly understood by business owners and project managers. As a result, projects frequently experience problems with understaffing, schedule overruns, cost overruns, and unmet requirements. This article (the first of a series) explains six common traps that, when not fully recognized, can lead to unpleasant surprises.

This is what I’ve observed over many years as both a project leader and participant:

1. Each project is different in some way, shape, or form from the last one.

If all your projects were exactly the same, you could simply use a cookie-cutter approach to crank ‘em out without losing any sleep at night. Although projects may share some similarities, a new project could very easily introduce several new, unfamiliar elements that can completely throw off your sense of balance — often without your even realizing it until it’s too late.

2. Projects are often constrained by finite conditions.

Person constrained by limitationsInitially, you might hear limitations such as, “We only have $1,200 and three weeks to have you complete all 18 training modules for this project.” (What? You’re thinking that based on the requirements you’ve heard so far, this project should take a year and a half and cost three hundred grand!)

Speaking of constraints, it’s not unusual for project sponsors or clients to ask for:

1) low cost and
2) fast completion and
3) high quality
and
4) many features
in the final project deliverables.

Although it’s understandable to want the greatest value for the funding, unless the project is blessed with an infinite schedule and a limitless budget, tradeoffs become necessary. Usually it’s only possible to achieve two or three out of four of these goals on a typical project. The tradeoffs might constrain the number of features, limit the quality, or both.

3. People chronically underestimate their time and effort.

Person who underestimated timeWhether it’s because of a perceived social stigma or a cloudy crystal ball, people typically have a difficult time deriving realistic project estimates. Given the number of project unknowns, coming up with accurate predictions can be tricky. (Smart project managers know this and frequently add buffers derived from records of actual past experience, commonly known as “fudge factors,” to project bids.) To complicate matters, people often feel pressured to further “reduce the truth” — that is, to minimize whatever their already low calculations tell them it should take when they put together a bid.

Whenever management pushes people to underestimate this way — perhaps for fear of losing the project — the risks can easily overwhelm and even destroy the project’s success.

4. Project requirements are typically fuzzy at the beginning.

Whether you’re talking to a client, your boss, your colleagues, or your clients to figure out what the project should produce, whatever they say initially may sound as clear as a bell in some areas but very sketchy in others. Getting clarification on the fuzzy parts might entail many conversations with many people, and much more time than anybody ever imagined.

5. Requirements invariably shift over time.

The minute after you’ve cemented the requirements with everyone’s agreement, “scope creep” begins. This means that the project needs may expand, shrink, or morph into something altogether different! These situations arise because the very act of creating something new can produce a result (or a series of results) that may exceed or differ from what people were capable of imagining at the start. And even when the team guards against it, pressure to include “add-ons” can stretch the scope beyond its limits.

6. Nearly everything else about the project is dynamic!

Running to keep up with dynamic conditionsAside from the requirements changing, many other things can stop, start, or fluctuate during the project. Experienced people may leave and new people may come on board. Budgets could get chopped. Schedules might get slashed or — sometimes even worse — delayed. Resources may evaporate or not materialize in the right forms. Politics can sneak in and remove support, or require skipping critical steps such as testing. The list goes on and on.

Studies of failed projects have revealed how difficult it can be to detect all of the red flags in advance. Unbridled optimism can block everyone’s ability to see clearly. Yet turning down an iffy project may be better than letting egos rule.

What to do? As we’ve seen, projects can involve several highly dynamic variables. They often operate under firm budgets and schedules. People tend to miscalculate time, effort, and resources. Requirements frequently expand, shrink, or change. And shifting circumstances can pull the rug out from under everyone’s plans. Add these together and many projects will cook up a recipe for failure.

But it doesn’t have to be that way. You and your team can learn to avoid project pitfalls by paying close attention to the cause-and-effect relationships among these six important keys!

Copyright 2005 Adele Sommers

Want to publish this article in your newsletter or Web site? Be sure to include: Adele Sommers, Ph.D. is the creator of the award-winning “Straight Talk on Boosting Business Performance” success system at LearnShareProsper.com.

The Author Recommends

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On the next 2 Fridays, Oct. 21st and Oct. 28th, I'll be sharing my “insider tips” on the topic of Product and Service Value, as we start the final stretch of my information-packed, 8-week teleseminar series. Best of all, you can still sign up, and there is absolutely no cost!

About the Author

"Straight Talk" Special Report
"Straight Talk" Workbook

Adele Sommers, Ph.D. is the author of “Straight Talk on Boosting Business Performance,” an award-winning Special Report and Workbook program.

If you liked today's issue, you'll love this down-to-earth overview of how 12 potent business-boosting strategies can reenergize the morale and productivity of your enterprise, tame unruly projects, and attract loyal, satisfied customers. It's accompanied by a step-by-step workbook designed to help you easily create your own success action plan. Browse the table of contents and reader reviews on the description page.

Adele also offers no-cost articles and resources to help small businesses and large organizations accelerate productivity and increase profitability. Learn more at LearnShareProsper.com.

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7343 El Camino Real, Suite 125, Atascadero, CA 93422, USA. For information and Customer Service, call 805-462-2187, or e-mail Info@LearnShareProsper.com.

 
 
 

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