Knowing When to STOP a Project
Based upon feedback from thousands of project post mortem participants, the number one project management skill most requested by project teams is knowing when to STOP a project! When project parameters shift, effective project leaders and project teams STOP the project!
The Balance of Speed and Reflection
Managing a complex and highly visible project can feel like walking a tightrope without being able to slow down. Internal and external pressures to faster, better and cheaper results can push the best project teams to make unnecessary mistakes.
Use the Iron Triangle
You need to keep on track while trying to juggle the three parameters of the project management iron triangle
Various stakeholders often have competing needs. When you conduct your project post mortem, be sure you don’t have to list “we never strategically adjusted” as your big mistake. This could spell a big “zero” for your project and threaten your very job.
Knowing When to STOP a Project
Here is how to adjust when ANY project budget, scope, resources or timing parameters shift: STOP! It is actually that simple. The difficult part is knowing when to STOP a project ini a way that makes sense for your culture and strategy.
The Best Project Teams Ruthlessly Manage Expectations
The best project teams:
The Bottom Line
Stopping a project often means figuring out an acceptable trade-offs or making major concessions with powerful stakeholders. That is OK. The key is getting and keeping everyone on the same page with the new plan instead of just working harder or faster without properly regrouping with the team or project sponsors.
Remember, hope and avoidance are not strong project leadership strategies.
If you liked learning about knowing when to STOP a project, download 5 Steps to Align Project Teams to Pull in the Same Direction
Corporate Change Is Personal
We value our relationship with LSA Global. We came to LSA because we wanted to improve overall behavioral based interviewing capabilities of our managers to increase the probability of both hiring top talent and future leaders. LSA designed a highly customized solution for our business and culture. We are currently rolling out this solution to our leaders. I would highly recommend LSA Global as a top quality resource.
HR Project Manager - Training & Development, PHR
LSA’s Employee Engagement Consulting and Survey work has provided critical visibility into: how well our people are holding up under the general economic environment, as well as, the specific challenges that face biotechnology companies in their efforts to discover and develop new medicines; their level of alignment and commitment to XOMA’s Vision and mission critical strategies; how leadership practices and management systems support an environment that engender commitment, and the specific actions that our leaders can take to improve on areas that are important to our people. I highly recommend LSA’s employee engagement solutions.
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I consistently look to LSA Global when I need custom programs put together for my client groups. I can always count on LSA to do a thorough needs analysis and to put together spectacular programs that are well received. Their management development and performance management expertise and professionalism make them one of my top-rated learning and development partners.
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We partnered with LSA to pilot a customized behavioral interviewing program to help ensure that we continue to hire the best and brightest as we continue to rapidly scale. LSA’s ability to understand our business and our unique culture combined with their desire to ensure that the best practices framework truly fits our performance environment and is highly adopted by our people is a real blessing. Most other firms want to just ‘give you training.’ Not LSA, they are focused on helping me hit our hiring forecasts and attract A players.
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LSA is an instrumental training outsourcing partner in helping us to build management capacity and strategically invest in our people. Their flexibility, depth, and breadth of expertise allows us to deliver top quality solutions that are directly tied to key business plans. Their ability to custom design, deliver, and evaluate our Management Curriculum has been excellent. They are true business partners and a pleasure to work with.
Margaret M. Mader
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LSA’s approach and ability to bring the best resources to eBay has been a great asset. They really focus on helping us succeed in any way they can and are very flexible in meeting our management and talent needs.
Learning & Development
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I have worked with other training companies and found it to be more of a seller/buyer relationship than one of matching the right expertise to our business issues. That’s what LSA does – ask the hard questions, listen, and understand our business needs. We receive the benefit of their expertise from assistance with personal development plans to enhancing team performance, to looking at enterprise-wide challenges. It’s all about helping our business succeed as we grow. Right now, LSA is providing great ideas, a fresh approach, and valuable guidance as we develop our management team and accelerate our client relationship management results.
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Senior Marketing Manager
We recently partnered with LSA Global to offer our Supervisors and Managers a customized two-day management training program. Everyone who attended said it was by far the best management training program they had ever attended. The content was rich and highly interactive. The case studies were relevant. Each participant walked away from the training much better equipped to lead their teams.
Director of Human Resources
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