BradEgeland.com
  • Welcome
  • Blog
  • Expertise
  • Resume
  • Software / Service Reviews
  • Contact
  • Videos
  • Books / White Papers
  • Mentoring Contact Form
  • Awards/Recognition
  • Templates & Downloads
  • Clients
  • Professional Services
  • Past Survey Results

Rebounding from a Failed Project

9/24/2020

0 Comments

 
Picture
Many studies have been conducted concerning failed projects and how many projects actually fail. Nearly all put the percent of failed projects in the majority – above 51%. Several recently conducted and well-regarded studies put the number somewhere between 62% and 75%. That’s saying that 62% - 75% of all projects fail. Ouch. But on the bright side – you’re not alone … it’s not just you. But that really doesn’t make it any easier or any better, does it?


So, going with the majority, let’s say your project has failed somehow. It may have finished over budget. It may have gone way off the timeline. It may have delivered a non-working solution for the end user. Or it may have been canceled altogether in midstream either by the customer or your own organization. At any rate, you have a project that failed to some degree and likely a frustrated customer, displeased senior management team, and a staff of project professionals that think they wasted the last 6 months to one year of their professional lives.


What do you do to rebound from that and to help others on your team rebound from that experience? And what do you do to help ensure that next time isn’t a repeat performance of this project? For one thing, we do not bury our heads in the sand or try to sweep it under the rug. That which does not kill us makes us stronger, right? Let’s learn from the past – learn from our failures and the failures of our projects so as not to repeat those same failures again and again.


Here are three key steps to take to help ensure that going forward we realize greater successes on our future projects:


#1 – Have open communication with your team on issues


Whether it’s your own budget concerns, morale issues, or rogue behaviors of a team member – make sure you discuss concerns. If appropriate, do it one on one, but for most project discussions, conduct them as a cohesive team. The more everyone is in the loop as a team the more everyone can help to rectify issues before they get out of hand.


This applies both during a project – especially a troubled one – and after the project to learn, as a team, what everyone considers to be the issues that negatively impacted the project. Consider it somewhat of a pre-lessons learned exercise. Take this information forward as you prepare to meet with your customer post-project to conduct lessons learned sessions.


#2 – Take issues to your customer early


Be sure to take any issues that arise to your customer as early as possible. If you need to discuss first with your team – as you should anyway for planning purposes – by all means do so. And if you need to discuss with your executive management to make sure they are aware and are backing you, then you should do that as well.


Always remember that the project is for your customer. They’re paying for it so they definitely have a stake in its success. They do not want you to fail – so get their buy-in and aid on issues and issue resolution. Put them to work. Build a two-sided cohesive team with the your team and the customer’s team and you’ll greatly increase your chances of project success.


#3 – Conduct lessons learned sessions


I’m in the middle of conducting the June PM survey on Managing the Project. One of the questions concerns how often do we conduct lessons learned sessions. It’s still early in the survey process, but sadly the results are not looking good. So far nearly half of the responders are stating that they conduct lesson learned sessions 0-10% of the time. Several have emphatically stated that they have never conducted lessons learned sessions.


What that tells me is that we are doing a poor job of figuring out what went wrong and brainstorming with our team and our customer as to how we can do it right next time. How can we ever fully get it right next time if we fail to figure out – or even want to figure out – what actually went wrong this time? If we don’t identify what went wrong then future successes may just be out of pure luck.


Conducting thorough lessons learned sessions with our team and our customer will help us rebound from our failed projects with new knowledge on how and why we failed and how to prevent that the next time around. After all, there are often some degrees of similarity in the projects we manage and learning valuable lessons about our failures can help us to succeed next time with flying colors.

0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Author:

    Picture

    Brad Egeland


    Named the "#1 Provider of Project Management Content in the World," Brad Egeland has over 25 years of professional IT experience as a developer, manager, project manager, cybersecurity enthusiast, consultant and author.  He has written more than 8,000 expert online articles, eBooks, white papers and video articles for clients worldwide.  If you want Brad to write for your site, contact him. Want your content on this blog and promoted? Contact him. Looking for advice/menoring? Contact him.

    Picture
    Picture
    Picture
    Picture
    Picture
    Picture

    RSS Feed

    Archives

    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012
    June 2012
    May 2012
    April 2012
    March 2012
    February 2012
    January 2012
    December 2011
    November 2011
    October 2011
    September 2011
    August 2011
    July 2011
    June 2011
    May 2011
    March 2011
    January 2011
    December 2010
    November 2010
    October 2010
    September 2010
    August 2010
    June 2010
    May 2010
    April 2010
    March 2010
    November 2009

    RSS Feed

Powered by Create your own unique website with customizable templates.