23.05.2016 -
This is a guest post by Elizabeth Harrin, author of Social Media for Project Managers and the blog A Girl’s Guide to Project Management.
The average large company, running around 150 projects at any one time, loses £13 million a year by not stopping projects that are failing. It’s not always management’s responsibility to cancel projects: if you’re working on something that you know isn’t going to deliver the proposed benefits, you need to speak up. Quickly.
Keith Richards, one of the UK’s Agile experts, said, “If you are going to fail, fail fast.” Mistakes happen. Things go wrong. It is how you deal with it that counts. A project manager who makes mistakes and owns up to them early will find people willing to help to get things back on track. These projects are late at the beginning but tend to make up the time later.
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