4 Tips To Add Value To Your Projects!

As learned in PMP Certification course–here are 4tips on how you might potentially bring value to your project engagements as the project manager in charge.

TIP 1: Improved project status reports. 

We go through the motions of creating the same report on every project using the project status reporting methodology and outcome. Not because it fulfils the customer's particular wants and desires, or because this project differs from the last one you supervised, but because that's what we've always done in this organisation, with no consideration to filling a hole, any ounce of originality, or any value added labour and information.Consider creating something more serious, such as a great dashboard report with high-level red-yellow-green status flags for each major feature for those stakeholders who want a fast look. Then look through the project's health in depth, including the timeline, budget, resource planning, problems, change orders, hazards, and so on. And don't try to construct a distinct status report for each interest group – make it a one-size-fits-all solution, and you'll know that no matter what they claim, everyone has the same information.

TIP 2: Share the financials. 

Keep the project client up to date on the project's finances on a weekly basis. Include it in the status report as a dashboard, full report, or – better yet – both. If I had done it (against my PMO director's better judgement on a handful of major federal contracts), they would not have failed and been cancelled. Don't hide the budget situation from your project customer; be transparent and show accountability. In many circumstances, if they don't see it, they will assume the worst.

TIP 3: Complete transparency. 

Be open and honest. There is no reason not to be entirely open in this age of real-time communication, news, and information exchange. As learned in PMP Certification course–all of your stakeholders require the most up-to-date information, and concealing news and information from the project client is never a good idea. When a stakeholder or client is required to make a choice, participate in a meeting, or simply participate in a key decision, you can depend on that individual having access to the most up-to-date status and information and being ready to offer what you require.

TIP 4: Focus on cybersecurity. 

Most project managers, I believe, can agree that risk management, avoidance, tracking, and mitigation receive insufficient attention. Cybersecurity has evolved into a critical issue that must be addressed on a continuing basis. Cybercrime costs the economy about $600 billion each year, thus each project involving sensitive data need a cybersecurity component, which means the CSO (Chief Security Officer) or one of his staff must be at least a peripheral part of any IT project. That also implies you'll need a CSO or someone who's been trained to fill that function. The presence of that crucial team member will be much appreciated by your project's customer. It's a win-win situation.

Want to learn more about the same? Enrol in Project Management Institute certification course today!