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Republic of The Philippines

Polytechnic University of the Philippines


COLLEGE of ENGINEERING and ARCHITECHTURE

FACULTY MARKED
ASSIGNMENT NO. 3

MITIGATION STRATEGIES FOR COMMON


CAUSES OF PROJECT FAILURE
Common causes of project Mitigation Strategies
failure
There seem to be no concrete  Require weekly status updates that
connection between the project and contain the project's start and target
the organization's main strategic completion dates, the percentage of the
goals, including an agreed-upon project that has been completed, current
measure of success. threats and possible hazards to the
project's anticipated timetable,
manpower or equipment constraints, and
budget status.
 Set a realistic timeline that must be
committed to, as well as planned
solutions for the presence of evaluated
hazards and risks that might cause
project delays.
 In project management, establish
specific and explicit target planning.
Lack of clear senior management  Before making a choice that will have
and the higher-level ownership and an impact on your project team, listen to
leadership what they have to say.
 Encourage the project team and
stakeholders to engage and work
together, considering the interests of all
parties before settling on a compromise
and making a final decision.
 Work with the project team to inspire
and encourage them to achieve a project
objective or vision.
Lack of effective engagement with  Early in the project, do a stakeholder
stakeholders analysis to determine each stakeholder's
interest, requirements, concerns,
closeness to the project, and
expectations.
 Know how much of a value each
stakeholder has on the project and how
they could engage with the project team
indirectly.
 To avoid complaints, identify
probable stakeholder triggers.
 Look for possibilities; people that are
enthusiastic about the project can
provide advantages.
Lack of skills and proven approach  Stick to the original plan to avoid
to project management and risk project delays. Accept no unexpected
management modifications to the plan.
 Using collaborative tools, keep the
project team informed.
Have a defined set of project objectives,
such as milestones or a quality test.
 Early in the project, identify risk; the
earlier you recognize risk, the easier it
will be to manage.
 Categorize the project's risks and
determine their severity; prioritize the
risks that will have the greatest influence
on the project's development.
Lack of understanding of, and  At senior levels, maintain
contact with, the supply industry, at connectedness, excellent
senior levels in the organization communication, and relationships with
the industry.
 Ensure that the project's strategy is
properly coordinated and discussed with
the supplier sector, as well as that the
agreed-upon contracts are attainable and
that the initiative will generate adequate
competitive interest.
 Create a clear strategy for engaging
with the industry, based on a thorough
grasp of its dynamics, to guarantee that
acquisition requirements are satisfied
despite conflicting demands in other
sectors of the economy.
Too little attention to breaking down  Hold project meetings on a regular
development and implementation basis. Project meetings are the primary
into manageable steps means of addressing issues and finding
solutions, agreeing on a course of action
for the project, and exchanging critical
information.
 Consider your company's objectives.
After you've decided on your goals,
you'll need to figure out what skills,
knowledge, and competencies you'll
need to achieve them.
 Consult with your colleagues.
Speaking with your colleagues can help
you gain a better understanding of their
abilities and, as a result, you will be able
to identify areas where you should
concentrate your efforts.
Evaluation of proposals driven by  Confirm that its business case is
initial price rather than long term legitimate and corresponds to the
value of money (especially securing business proposal.
business benefits)  Projects are aligned with the
company's strategy, aims, and
objectives.
 Keeps track of project developments
to ensure the project's viability.
 Defines the project success criteria
and how they relate to the entire
business.
 Assess those risks and changes are
properly managed.
 Throughout the project's phases, you
are responsible for the project's quality.
Lack of understanding of and  Creating strong supplier partnerships.
contract with supply industry at Meet the individuals who will oversee
senior levels in the organization your account and make sure you can
reach them easily.
 Service level agreements should be
issued. SLAs are agreements or contracts
with suppliers that describe the service
they must offer and the degree of service
that must be supplied, as well as duties
and priorities.
 Examine the performance of your
providers. Monitoring the performance
of your suppliers is a smart practice. If
you have a SLA, it will support you in
evaluating the business/supplier
relationship objectively. You can notify
your suppliers if you discover that they
are not fulfilling certain elements of your
agreement following the review process.
 Study your own accomplishments. It's
also useful to identify your own
practices to ensure that you and your
supplier are on the same page or that
you're fulfilling specific elements of the
contract.
Lack of effective project team  Invite your customer and other
integration between clients, the stakeholders to your project management
supplier, and the supply chain system so they may engage to the
project's design and feedback.
 From the beginning of the
construction planning process, keep all
internal and external stakeholders
informed.
 From the initial stages of the project
planning process, keep all internal and
external stakeholders informed.
 It's essential to evaluate new suppliers
and keep a careful eye on those that are
already a vital component of your supply
chain.
 Require some time to do a risk
research to assess where your supply
chains' weakest connections are. This
will allow you to concentrate on the
areas where you need to discover
alternatives.

References:
Info Entrepreneurs. (n.d.) Manage your suppliers. Retrieved from
https://www.infoentrepreneurs.org/en/guides/manage-your-suppliers/
Meyer, S. (n.d.). Combatting Ecommerce Supply Chain Disruptions and Steps You Can Take to
Minimize Impact. Retrieved from bigcommerce: https://www.bigcommerce.com/blog/supply-
chain-disruptions/#5-types-of-supply-chain-disruptions
KissFlow Inc. (2021, August 9). 9 Project Management Challenges and How to Overcome
Them. Retrieved from: 9 Project Management Challenges and How to Overcome Them
(kissflow.com)
Kumar, V. S. (2009, October 13) Essential Leadership Skills for Project Managers. Retrieved
from: Essential Leadership Skills for Project Managers (pmi.org)
Callister, L. (2021, May 06). 10 Ways to Improve Risk Management at Work. Skillcast.
Retrieved from: 10 Ways to Improve Risk Management at Work (skillcast.com)
Malsam, W. (2019, August 27). What Is a Project Sponsor? Defining This PM Role. Retrieved
from Project Management: https://www.projectmanager.com/blog/what-is-a-project-sponsor
Phllipsgroup. (2018, July 24). 5 strategies for effective stakeholder management. Retrieved from:
5 effective strategies to manage stakeholder engagement - Phillips Group

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