Project management Flashcards
(9 cards)
Flyvbjerg et al.
2009: Why do so many projects fail? E.g. Large infrastructure projects - they’re a once in a career decision, can’t learn from mistakes.
Delusion and deception hinders the manager.
Take an outside view with reference class forecasting - know the multiples you’re working with
Smith & Keil
2003: People problem - reluctance to report losses up the hierarchy - psychological, social (e.g. falling out), organisational problems
Whose responsibility is it?
Icaovou & Dexter
2004: “Runaways” - repeated delays and overspending
Good managers prevent problems (e.g. build in contingency), and cure them when they arise
Problems of involvement, politics, history
- E.g. public projects - know they can be renegotiated, quote them cheap to get them started*
- Depends how you define failure - meeting cost/time/initial scope, or meeting customer satisfaction?*
Browning
2010: Not like business - something new, once, which you can’t see all the way to the end
* Uncertainty - can’t forecast for everything*
* E.g. what if the market isn’t ready for the product yet, as with Apple Newton? Lots of successes have failed before*
Purpose-view alignment of processes should increase success - help communication, surface assumptions
But something may be percieved as a failure but win business in another area - e.g. Channel Tunnel, HS2
Grenny et al.
2007: Overcome crisis of silence through five crucial conversations
- Plan around facts
- Support from sponsor
- Follow process
- Assess honestly
- Everyone commit
Pitsis et al.
2003: Future perfect management - when planning is impossible things need constant revision and a “best for project, no blame” culture - reduces problem of limited information / lock-in
Close down what the future is like
Schmidt & Calantone
2002: Escalation of commitment - managers reluctant to abandon failing projects, get entrenched in thinking, means greater costs later
Those that start a project are the most committed (but can’t always see it through)
DeFillippi & Arthur
1998: Temporary organisations for projects - independent film-making
Challenges tenets of strategic management - competencies, resource power, success
The role of the project manager
- Technical role - process models
- Social - HR, crucial conversations
- Future perfect management
- Don’t get entrenched in thinking
- Be aware there’s no second chance
- Manage trade-offs - set deadlines