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Additional resources for Harvard Business School - Project Management Manual
The risk management plan directly promoted project success. Key Actions for Develop a Risk Management Plan PY CO • Identify and prioritize project risks. • Create a risk management plan that includes preventive actions and contingency plans. • Assign someone to manage project risks. 32 Project Management Manual 697-034 3. 2 Plan and Take Adaptive Action DO Staying on track once a project begins is an even greater challenge than developing the initial project plan. The purpose of the Track and Manage steps is to focus the project manager’s and team’s attention on the areas that provide the best information about project progress.
Key Actions for Close-out the Project Conduct a formal debriefing. • Complete paperwork and archive the project file. • Acknowledge and reward team members’ contributions. • Celebrate project completion. T NO • PY CO References Bowen, H. , The Perpetual Enterprise Machine, Oxford University Press, Inc. , 1994. Boznak, R. , “When Doing It Right the First Time Is Not Enough”, Quality Progress, July, 1994, p. 75. , “Reengineering the Organization: A Step-by-step to Corporate Revitalization”, Quality Progress, February, 1994, p.
35 697-034 Project Management Manual • Celebrate the project’s completion. In particular, the assessment of effective and less than effective practices, possible improvements, and the celebration often have a direct impact on efficiency in the next project. DO Example: A project team at a paper company conducted a one-day “close-out” workshop during which members captured key learning on flipcharts, discussed options for improvement, generated an action plan, and had a great party. As a result, during the following week team members were feeling quite positive and began to systematically implement their process improvements.