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  • Writer's pictureLaurent Miannay

8 critical success factors to keep in mind when managing a project

Updated: Apr 11, 2023

When it comes to project management, the margin between success and failure is thin. The good news is that there are some key principles that can help you secure the delivery of your most burning projects.

  1. Clear goals and objectives: The project team needs to have a clear understanding of what the project is meant to achieve, and what the desired outcomes are.

  2. Detailed project plan: A well-thought-out project plan that includes timelines, milestones, and resource allocation is critical for keeping the project on track.

  3. Effective communication: Good communication is essential for keeping everyone on the same page, and making sure that stakeholders are informed of project progress, changes, and issues.

  4. Competent project team: Having the right team members with the appropriate skills and experience is crucial for ensuring that the project is executed successfully.

  5. Risk management: Proactively identifying and mitigating risks that may arise during the project is important to avoid potential delays, additional costs, or project failure.

  6. Stakeholder engagement: Involving stakeholders throughout the project life cycle and keeping them informed of project progress and outcomes is critical for building buy-in and ensuring their support.

  7. Adequate resources: Ensuring that the project team has access to the necessary resources, including funding, technology, and equipment, is important for achieving project success.

  8. Performance measurement: Measuring project performance against established criteria and making adjustments as needed is key to ensuring that the project is meeting its goals and objectives.

We often underestimate the investment needed to successfully deliver a project. Are all the projects you are running critical? Do you have the resources and the time needed to ensure a positive outcome? Have you spent enough time with the key stakeholders to ensure your project will stay for the long term? Did you properly delegate to ensure you focus on what brings real value ?




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