PM Solutions is a project management firm helping organizations execute, govern, and measure their portfolios to improve business performance.
Project Recovery Resource Center
The consequences of failed projects can be grim. According to findings from PM Solutions' Research nearly half of an organization's projects are at risk at any given time, no matter the size of the organization. With so much at stake, early detection and action is key to avoiding the substantial losses associated with troubled projects and project failures.
To help address these challenges, we’ve compiled a number of our best writings and thinking on the subject to help you identify, recover, and turnaround projects while gaining valuable lessons learned.
On-Demand Webinar
Blog Posts on Project Recovery
Services
PM Solutions' addresses project recovery at both the organizational and individual project levels, depending on your specific needs. We provide three distinct service offerings to help your organization turn troubled projects around quickly. More…
Project Recovery Q&A
In our recent webinar on project recovery, Kent Crawford, CEO of PM Solutions, received more questions than he could answer. Here are the overflow questions with Kent’s answers. Take a listen.
- How can you demonstrate that a project has actually been successfully recovered?
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- My company has a desire to utilize and develop internal staff. One project has a history of delays but the key resource will not be hurried and does not deliver to schedule. Management will not push either, so a complex project has lurched for years ... any suggestions?
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- Does project size matter? It seems projects are getting smaller … or more iterative ... to improve project performance. Do you see this trend? Are recovery projects typically larger projects that lost their way?
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- With regard to the information you shared on resource recommendations, can you give an example of effective on-boarding and off-boarding processes for this type of project?
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- What if the project sponsor doesn't see that the project is at risk? How do you create awareness?
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- What if we require some finances/money for project recovery but we are already used up with available budget, what should be the strategy then?
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- How do you approach management without committing career suicide? It’s easier said than done …
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- In some cases would it be beneficial to give the PM assistance if needed rather than replacing the PM? For example, adding a project controller or admin may give the PM more time to manage the project.
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- What would your advice be for an organization too small for a ''formal'' recovery process? We have the same common issues such as too many projects, too few resources, lack of decisions, and poor communication. Can we start by building a culture for project recovery, rather than a process?
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- Are there standard methodologies for quantifying risks of project failure to the overall business strategy?
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- Which lean techniques or tools can be used to identify troubled projects and/or assist in project recovery?
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Recover Troubled Projects
Strategies for Project Recovery