Monthly Archives: April 2016

Resource risk: The right skills at the right time throughout the project lifecycle

Risk mitigation requires surfacing and identifying a broad range of possible risks and applying appropriate risk mitigation handling options based on potential consequences and impact, plus prioritization and implementing accept, avoid, control, transfer, or monitor approaches.
 
Strategy: Design the project organization early
 
• Consider all initial roles, how roles may change, or start work later in life-cycle
• Create visual to aid integration review and communicate scale, opportunity, and commitment
• Ensure everyone sees and acknowledges their part in the project early
 
Consider:
 
• Is there sufficient definition of each role and responsibilities, criteria?
• Reduce risk of insufficient skilled labor, time, or inadequate competencies to complete tasks to meet quality and schedule requirements.
• Consider roles where there must be a single owner who must deliver a finished product as part of the project scope and deliverables.
• Benchmarking against similar organizations that execute this category or class of project
• Confirm future availability of resources at individual and management levels
• Contingency planning for critical resources/roles
 
This work is especially important if the current project is similar to past projects, and assumptions of how things will progress can be biased based from recent experiences.