How do you introduce risk & issue management into your project?
• Stage 1 Set-up a Project Organisation
- Designate a Project Sponsor
The first thing to do is designate someone as your project sponsor who will ultimately be responsible for the success or failure of the project, and as such will have authority over all the participants involved in the project, whether they are IT or business related professionals.
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This is a question, which I have rarely seen properly answered in any PRINCE II manual.
As with many things in life, the theory and the practical application of a concept are often two distinct sides of the same coin, which can lead to some serious difficulties. Over the years, I have audited many projects /programmes of work and most, if not all, of those which were subsequently discovered to be failures were characterised by poor /non-existent risk & issue management.
More often than not the project /programme managers responsible for these process failures, when challenged, refuse to accept that they had been running a project /programme of work with little, if any, risk and issue management present.
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Please click on the following links and download your FREE Risk Log & Issue Log
These template logs contain sanitised content from a real project so that you can get a feel for how to use them as part of an effective set of risk and issue management processes.
During the rest of this week, I will be putting up a number of posts explaining the mysteries of Risk and Issue management (with reference to these useful project artefacts) and why it’s so important if you intend running a project for success and not failure.