On Project Critical Success Factors
Notes on critical success factors :
- Sponsor is your number #1 stakeholder
- You should have an open, transparent, honest, and effective relationship with your sponsor determines the success of your project
- Have a structured approach when you meet the sponsor for the first time and talk about the following topics
- What is the definition of project success?
- what is the big picture? End result? Big why the project is happening?
- Rules of engagement: How will you work with the sponsor?
- How often do you meet the sponsor? Frequency based on the risk of the project
- What info to be included in the report?
- Protocols for escalation - agreement as to when you can call the sponsor. How fast do we need to solve a problem
- There are potentially about 7 dimensions of success in any given project
- Stakeholder engagement: Have an engaged client/stakeholder group
- Scope/objectives - meet the projects objectives/requirements
- Time - deliver the product on time
- Budget - Meet the agreed budget
- Benefits - deliver benefits / add value
- Quality - Meet quality requirements
- Team Satisfaction - have a sense of professional satisfaction for the team
continue
Written on February 7, 2023