I’m a PMP and CAPM Certification holder. I was recently asked to speak at the PMI National Conference in the US, where there were over 1500 participants and several fascinating speakers, some of whom were experts in their fields and others who had reached the pinnacles and from whom we could all learn a lot.
The presenters and attendees had several fascinating points of view, which drew my attention. The PMI award went to L & T, a huge construction business whose whole crew joined their customer on stage and went crazy over the project they had accomplished. They were recognized for all of their efforts in the project, which they referred to as a "great effort!"
The following day, another prominent speaker debunked the myth that project management requires flawless execution. Failures, he emphasized, are the foundations of any successful initiative. The faster we recover from failures, the better we get at completing projects.
As a PMP and CAPM Certification holder, I agree with this speaker that failures are a necessary part of every successful effort and that you learn and unlearn from each project you do. Failures, on the other hand, cannot be tolerated, as they may result in the project's irreversible termination.
As a result, as competent project managers, we should try to predict failures and prevent them as much as possible, and this, in my opinion, is the cornerstone of any successful project. But the million-dollar question is how to predict a failure, or is it even possible to do so in projects?
Anticipation necessitates a working knowledge of how to apply and cope with scenarios in projects.
When I say "knowledge," I'm referring to the "work" you perform on a project as opposed to the "management" of the project. The job necessitates industry expertise, such as how things function in the IT, construction, or pharmaceutical industries. When it comes to project management, however, the limits of the domain become unimportant, and we focus on the experience and notions of project management. As our buddy stated, experience comes from failures; but, if project management skills or principles are gained early enough, they can come in helpful in preventing costly mistakes.
Learning project management principles and strategies will help you manage projects more effectively. Applying it to help projects operate more smoothly may go a long way toward finishing projects on time and under budget.
As I previously stated, project failures may be costly, and the sooner we recognize them, the better our project delivery will be.
Want to learn more about the same? Enroll in a professional certification course such as PMP, CAPM, PgMP, ACP Certification course, etc.
Comments