Red Project Recovery Process
PROJECT AUDIT & ASSESSMENT
Determine the current status of the project
Review the Project Documentation
Interview the stakeholders
PROBLEM EVALUATION & ANALYSIS
Analyze every issue
Identify burning platforms
Develop recovery plans
RECOVERY PLAN NEGOTIATION
Negotiate recovery plans with strategic leaders
Create new expectations
New measurement baselines
IMPLEMENTATION
Follow project management methodology
Communicate
Celebrate achievements
Discipline
Common Symptoms of Troubled Projects
Critical issues in meeting milestones or completing deliverables
High risk of failing to deliver anticipated benefits
Inadequate allocation of resources to the project
Consistent schedule delays from original project plan
Escalating technical issues impacting project outcomes
Top Five Actions to Recover Projects
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Improving communication and stakeholder management to enhance collaboration and ensure clear project expectations.
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Redefining the project by reevaluating and reducing the scope, while re-justifying the project's financial viability.
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Adjusting resource allocation by adding or removing resources based on project needs, skill gaps, and capacity constraints.
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Resolving problematic technical issues by conducting a comprehensive analysis, identifying root causes, and implementing effective solutions.
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Engaging in project manager replacement or bringing in a consultant with expertise in project recovery to provide focused leadership and guidance.
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Improving communication and stakeholder management to enhance collaboration and ensure clear project expectations.
-
Redefining the project by reevaluating and reducing the scope, while re-justifying the project's financial viability.
-
Adjusting resource allocation by adding or removing resources based on project needs, skill gaps, and capacity constraints.
-
Resolving problematic technical issues by conducting a comprehensive analysis, identifying root causes, and implementing effective solutions.
-
Engaging in project manager replacement or bringing in a consultant with expertise in project recovery to provide focused leadership and guidance.