The very concept of project management in business has seen a renaissance in recent years. New technology is making it easier for companies to identify the most optimal methods of conducting their internal operations.
However, technology—no matter how advanced—can only do so much. Ultimately, success will always depend on the people at the front lines and the tactics they employ.
PMI’s 2017 Pulse of the Profession report found that for every $1 billion invested in the U.S., $97 million is wasted due to lacking project management performance.
While this number sounds high, it’s actually a 25% decrease from last year.
Regain control with proven project management tactics
Even though the landscape of business is in a constant state of change (both inside and out), there are several tactics that have been helping brands and organizations achieve success for decades. Let’s talk about four of the big ones.
1. Transparent planning
Transparency in the workplace is by no means a new idea. But it seems like its value has been increasingly emphasized in recent years. While many project managers already realize the benefits, the trick is finding the perfect balance. Exactly how in-depth should you go?
Renowned U.S. Army General George S. Patton suggested that good managers don’t constantly try to tell everyone how to do their jobs.
“Never tell people how to do things. Tell them what to do, and they will surprise you with their ingenuity,” he is quoted as saying.
Another great Patton Project Management quote: “If everyone is thinking alike, then somebody isn’t thinking.”
Transparency in your organization should mean keeping everyone on the same page from start to finish, not micromanaging.
In my own experiences, I’ve found excessive micromanagement leads to an uncanny amount of hesitation before every single move. In turn, levels of disconnect happen all too often and result in wasted time and resources.
While many businesses strive for transparency, it’s easier said than done. Nowadays, running a company with remote workers is becoming a lot more common. In fact, a recent survey found that 68% of U.S. workers expect to work remotely in the future. This could make complete transparency much more difficult.
As more and more businesses shift toward mobility, your internal communication needs to do the same. At the drawing board, video conference and webinar tools such as ClickMeeting, Livestorm, and MeetingBurner can keep everyone in sync. With features such as whiteboards, presentation decks, screen sharing, and real-time chat translation, you can collaborate on project planning with complete transparency.
For example, at E2M, we have five employees working in San Diego in addition to our headquartered team in India. There is a 12-hour time difference between us, so we extensively use online meetings and real-time collaboration to keep our disparate teams on the same page.
Regardless of where your workers are, virtual meeting tools make it simple to be looped in on the finer details of all tasks Go to the full article.
Source:: Business 2 Community