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

Reference

Written on February 7, 2023