Webinar: The Holy Grail of Project Team Management
Bonnie Tinder, CEO & Founder of Raven Intelligence, was recently featured on a webinar with HRMS and Moovila to discuss the three main challenges of project team management, and how businesses can use technology to help ensure more successful projects.
What Causes a Project to Fail?
When embarking on any project – from a full digital transformation effort, to a phase 2 add-on module rollout, project team management can either make or break your success. Raven Intelligence’s Q3, 2021 Enterprise Software Project Benchmarks shows nearly 38% of projects are delivered late while 35% of projects are delivered over budget. Although poor project management is one of the greatest reasons projects fail to deliver expected results, it is often avoidable.
What is the Holy Grail of Project Management?
The Holy Grail of Project Management addresses all of the challenges that affect project management including, unclear objectives, delays, and of course, your project team. Based on Raven Intelligence’s 1,300 project reviews, project teams change 47% of the time while projects with no team turnover are five times more likely to be delivered on-time.
Achieving a successful project outcome requires advance planning and accountability for all of a project’s moving pieces. Accurately predicting when project management problems will arise allows teams to act proactively instead of reactively. When a project issue is resolved early enough, teams can then determine what resources are needed to better forecast project timelines in the future. Luckily, with the use of technology, businesses can now automate processes, examine projects, and identify potential issues before it’s too late.
Before starting your next implementation project, tune in to hear from Bonnie, Mike Psenka, Founder & CEO of Moovila, and Sunshine Brown, Chief Services Officer, HRMS Solutions on how being strategic with capacity planning can create more successful projects in 2022.
