Project plans as a cure for fear
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The document discusses how to manage project risks and fears through effective project planning. It notes that an effective plan balances scope, quality, time, and resource constraints while minimizing risk. It also explains that transparency, integrity, and allowing breathing space in a project can help cure client and vendor fears about timely delivery, quality, and changing requirements. The document advocates establishing a regular rhythm or cadence for the project to help manage risks and build trust between clients and vendors.
Project plans as a cure for fear
- 1. Project plan as a cure for fearConsult your doctor before taking
- 2. BasicsThe point of a plan is to balance:The scope, and quality constraint againstThe time and resource constraint,While minimizing the risk.
- 3. Perception of riskTRUST – the more we trust, the less afraid we areCONTROL – the more we feel we can control the outcome of a hazard, the less afraid we are of the riskRISK vs. BENEFIT – The more we perceive benefit from the risk the less fearful we are of it.
- 4. Client’s fearsWhat do clients fear the most?
- 5. Client fearsThey won't deliver on timeThey will deliver something of very poor qualityThey will deliver not what I wantThey are charging me a lot more than it really costs?
- 6. Vendor’s fearsWhat do we fear the most?
- 7. Vendor’s fearsWe’re not gonna make it We’ll never get clear requirementsThey’ll never give up changing the scopeThey won’t accept what we deliver ?
- 9. Integrity
- 10. Transparency
- 12. Rhythm
- 13. Integrity
- 14. Integrity
- 15. Transparency
- 16. Transparency
- 17. Breathing space
- 18. Q&A