Project Management: 4 Mistakes Small Business Owners Make
The mistakes small business owners make in project management are the same basic mistakes they make when starting a business. Properly planning and understanding what makes a business work or a project reach a successful conclusion are similar. Here are four common mistakes and four accompanying solutions that occur during project management,
Setting Project Goals Supported by Clear Policies and Procedures
When starting your company on a new project the same steps that should have been taken to set up the new business need to be applied. A business or project both need clearly defined goals. To reach those goals effectively, plans and procedures need to be in place. Imagine the confusion if everyone working on a project used their own project management software, some of which had no business dashboards for project team members to refer to as the project continued. Too many business owners fail to do more than set nebulous project goals. They rarely take the time to set up project policies, standards and procedures that would allow the project to be completed more efficiently. Use some sort of project management that works for your size of company, and stick with it.
Failure to Pick Compatible Project Team Members
When starting your small business an owner must determine what jobs are necessary. Before employees are hired for the job, each employee’s job description and tasks must be clearly defined. Some business owners fail to think about the job that each team member of a project team will need to do. Every member of the team needs clearly defined tasks and responsibilities for a project to be complete on time and on budget.
Over Management of the Project
Micromanaging projects after a project team leader and members have been chosen has ruined many projects that could have been completed successfully. Set the project goals, set the procedures and policies, pick the team leader and members and then get out of the way. Do check in to see where the team is at periodically and adjust their course if necessary, but avoid being a helicopter boss.
Lack of Involvement When Asked
As much as micromanaging a project can ruin it, failing to participate when the team asks for input can be just as harmful. If you set up the policies and procedures for the project correctly in the beginning, you will know what is going on from required reports. If you see problems ask if help is needed. Step in when they need your management direction, fix the problem and leave the team to complete the task.
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