Recovery
On average close to half of all IT Projects will be troubled at some point during their life cycle. It is astonishing that less than one quarter of organizations are prepared for this by having standard procedures for project recovery.
VMC helps you be prepared, be brief, and be effective.
Knowing there is no immunity for projects becoming troubled is a reality. Being prepared for this reality provides control over project recovery efforts. Project recovery is like high octane project management. The stakes are high, senior management attention is elevated to say the least, and the demands on the project team are at a maximum. This is the moment of opportunity.
Deploying a team of skilled project recovery experts can have a rapid turnaround effect on team morale and stakeholder trust. Focused and deliberate actions provide necessary root cause assessment as well as appropriate corrective and preventive action recommendations. Detailed planning and execution precede the return of a recovery project to normal project operations.
Project recovery is the process to regain control and good project health after project baselines have been surpassed beyond agreed upon levels of tolerance. Imperative to preserving project value, maintaining stakeholder support, and improving team morale is the rapid development of a course of action to quickly restore project control. The recovery manager must be empowered to communicate boldly with stakeholders and the project team in order to properly identify problems and make effective recommendations.
VMC follows a six step procedure during project recovery based upon industry best practices and incorporating PMI® methodology as well as Six Sigma methods and tools:
- Recovery Initiation
- Recovery Audit & CAPA
- Recovery Recommendation
- Recovery Planning
- Recovery Execution
- Recovery Closure