Last updated on Jul 10, 2024

Here's how you can manage a project that is behind schedule and over budget.

Powered by AI and the LinkedIn community

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.

Rate this article

We created this article with the help of AI. What do you think of it?
Report this article

More relevant reading