Overview:
Have you ever had your budget cut, or headcount reduced in the middle of a project?
What are your options to respond? Is there a way to snatch victory from the jaws of defeat? Are there opportunities in an economic downturn?
Why you should Attend:
The economy threatens rough waters and hard choices ahead:
- Does your organization have the information needed to make them intelligently?
- What proactive steps can you take to prepare for further "belt tightening"?
- How does a tight economy affect the risk profiles of your projects?
Let's take a short mental vacation Someplace sunny and warm. Gentle breezes waves lapping at the shore, lapping at the bow of your ship. Imagine you are the captain of a ship a 3-masted sailing ship. Not a pirate, not a warship a trading ship. You spend time in the waters of the south Pacific Central America, South America, Tahiti your good ship and crew lead a happy and carefree life the work is hard, but the pay is good, there is plenty of adventure and the scenery is wonderful. You see the benefit of your work in the places you go trading steel and beef for pearls and worked goods. Project management is the furthest thing from your mind
No, it isn't. Guess what as captain, you are a project manager. Each voyage is a project. You have a goal (get cargo to next port), a schedule (before goods spoil and before the competition gets there), and resource constraints (do it profitably with the boat and crew you have). You may be part of a larger shipping company, you have a boss/sponsor who tells you where and when to go and what to do leaving day to day decisions to you but setting your agenda.
Financial or human resource constraints represent a storm for project managers and project sponsors:
- What can be done to prepare?
- What opportunities might present themselves?
- What challenges can you anticipate?
Areas Covered in the Session:
- Understanding resource constraints and how they affect projects in progress
- Project Manager perspective
- Project Sponsor perspective
- Resource optimization
- New and changed risks
- Summary
Who Will Benefit:
- Project Sponsors
- Project managers who face uncertain resource constraints