Here's how you can manage a project that is behind schedule and over budget.
Managing a project that's behind schedule and over budget can be daunting. You're tasked with navigating a complex situation, balancing resource allocation, and often dealing with team morale issues. However, with a strategic approach and effective communication, you can steer your project back on track. By understanding the root causes, re-evaluating the project plan, and engaging with your team, you can address the challenges head-on. It's crucial to maintain transparency with stakeholders and keep them informed of the steps you're taking to mitigate risks and control costs. Remember, as a product manager, your ability to adapt and problem-solve is key to overcoming these hurdles.
-
Praneeth NarisettyTeaching Assistant @ Boston University | Product Management / Data / DevOps | EX - Founder @ hackwhat
-
Ashish DubeyProject Manager| Operation| Maintenance |Controller | Estimator | Risk Analysis |Automation|Supply…
-
Toukir Tasnim ChowdhuryProduct Manager at Algorizin | CSPO® | SFC™ | Empowering Startup Growth through Streamlined Processes, Automation, and…