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ASSESSING AND RECOVERING TROUBLED PROJECTS

Header ASSESSING TROUBLED PROJECTS

With between 50% and 70% of projects failing, it is critical for Organizations to rapidly recognize when their project (and investment) is in trouble and to quickly reposition that project on a successful trajectory. The “Assessing and Recovering Troubled Projects” course outlines a proven process for identification and rectification of failing projects in easy to understand and practical terms. Attendees will be taken through the key steps of:

  1. How to know when your project is failing
  2. Audit and Report on the actual project problems
  3. Determine the root causes for the problems and develop a solution
  4. Negotiation of recovery proposal
  5. Final project re-execution and implementation

In addition the program will conclude with “What to do right the first time”. Many of these points will be apparent throughout the main part of the course but a summary is critical. Attendees will receive useful and usable advice for setting up robust, successful projects.
The course will cover the three main areas of project problem-cause namely People, Process and Technology thereby providing a rounded and thorough overview throughout the key steps defined above.

Key benefits of attending Assessing and Recovering Troubled Projects:

  • Understand and implement key triggers that identifies when a project is failing
  • Ensure key stakeholders are valuable contributors to all phases of identification and recovery
  • Understand the root causes commonly occurring in failing Projects
  • Review the key Auditing process to establish symptoms and root causes of the failing project
  • Identify short-term remedial actions to properly re-align a project while the recovery analysis is being performed
  • Rapidly build a brand new Recovery Plan that fully meets Management and Customer requirements
  • Identify the difference between a failing project and a failed project
  • Manage and execute a revised project that meets requirements and remains on-track
  • Avoid problems that lead to problem projects in the first case. “Do it right the first time”