Episode 383: Project Failure Is Not An Option (Free)




The Project Management Podcast show

Summary: Play Now: Need Project Management Professional (PMP)® training? Here's PMP Exam Prep for your phone! Kristy Tan Neckowicz, Connie Inman and Cornelius Fichtner At some point in their career, every project manager has to deal with troubled projects. This interview about project recovery with Kristy Tan Neckowicz and Connie Inman was recorded at the Project Management Institute (PMI)® Global Congress 2016 in San Diego, California. We discuss their presentation and white paper Recognize Warning Signs and Rescue Your Troubled Projects. Here are the abstract and summary: Abstract: Come to this session to hear real stories of troubled projects and recovery journeys from two seasoned project management professionals. You will learn to recognize common warning signs of troubled projects, approaches to right-sizing your project management processes, and applications of stakeholder management lessons for project success. Summary: The common theme across the case studies is a focused spirit of continuous improvement to rescue troubled projects. Although projects are temporary in nature, project management processes are always evolving. It is tempting to move on to the next project when a troubled project has been placed safely back on track. However, you will have more assurance of the project manager’s future success by conducting a lessons learned evaluation focused on the practice of project management before claiming victory. By sharing the warning signs, right-sizing approach, and lessons learned from these case studies, we hope you will leverage our experience to keep your next project “on track” to successful delivery. PDU Tip This interview is 29 minutes and 57 seconds long. This means that it is 3 seconds too short and you can "legally" only claim 0.25 PDUs for listening to it. However... if you first listen to the interview and then also read the white paper on which it is based, then you can go ahead and claim 0.50 PMP PDUs! Click to download the white paper Episode Transcript Below are the first few pages of the transcript. The complete transcript is available to Premium subscribers only. Podcast Introduction Cornelius Fichtner:  Welcome everyone. You are listening to the Project Management Podcast™ at www.pm-podcast.com . We are coming to you live from the 2016 PMI Global Congress in beautiful and sunny San Diego, California. And with me this morning here in the hallways of the Conference Center are two people. We have Kristy Tan Neckowicz and Connie Inman.    Podcast Interview Cornelius Fichtner:   Hello, Kristy. Kristy Tan Neckowicz:   Hello.     Cornelius:   Good morning. Unfortunately I can’t say hello, Connie because I only have two microphones and Kristy’s wearing it but we will bring Connie into the mix in just a bit. So, your presentation is titled “Recognize Warning Signs and Rescue Your Troubled Projects”. Have you already given the presentation? Kristy:   Not yet. We’ll be giving the presentation this afternoon. Cornelius:   Wonderful. You have an opportunity for a dry run right now. [laughs] Kristy:   Yes. Cornelius:   Excellent. Do you know how many people are going to be attending? Kristy:   I do not. Cornelius:   Yeah OK. Kristy:   I hope that it will be well-attended. Cornelius:   Have they moved you into a different room? That’s always a good sign. Kristy:   Oh no, they haven’t. [laughs] Cornelius:   If they move you into a different it means, oh, there are a lot more people than we expect to be interested in this. Alright, what is your interest in Troubled Projects? Why talk about them? Kristy:   It’s a good question. I saw Connie give the presentation on her case study back in the Spring this year and I thought to myself when I was sitting in the audience, I th