“Learn from the mistakes of others. You can’t live long enough to make them all yourself.”
- Eleanor Roosevelt
Mistakes are an inevitable part of life, but some slip-ups are a bit more dramatic. For example, it’s not every day that NASA loses a $125M Mars orbiter like it did in 1999, when Lockheed Martin engineers used inches instead of centimeters to calculate its orbit. The result? Navigation information for the orbiter (and hence the orbiter itself) was lost. That’s a pretty big mistake.
And while most project managers aren’t tasked with tracking objects in outer space, they’re no strangers to making mistakes. Let’s take a look at three of the worst.
This one might seem obvious, but you might be surprised at how often this occurs. Here’s a real-life example of how missed objectives can completely derail a project that has fantastic intentions:
Tim lives in Eugene, Oregon, a beautiful city where many of its 168,000+ residents enjoy the outdoors nestled between two mountain ranges. To help bring the community together, Tim and some other Eugene residents came up with ideas for community projects and youth services.
Excited about the possibilities, they hired and paid a consultant $10,000 to help them manage the project by addressing some of its’ aspects, including their mission and their vision. And after the consultant left they had a beautiful mission statement, but they were missing something crucial: a way to measure and demonstrate the impact their project would have on the community. So getting grants? Not likely.
The Eugene residents’ failed project gets to the heart of one of the three of the worst mistakes project managers make: setting unclear goals and objectives. So what could they have done to help correct that and what can you do to avoid that project problem?
While setting a clear goal seems like step number one, it doesn’t always happen. In fact, 37% of projects businesses undertake fail due to unclear project objectives. And that can be costly when roughly 10% of every dollar a business spends is wasted on project management objectives alone—whether or not a project fails or succeeds. That’s a pretty heavy hit for businesses looking to be truly effective with their money and efforts. It’s also a major morale blow to teams—nobody wants to be on a project that fails.
And it might surprise you to know that only 23% of organizations take the time to put standardized project management practices in place—even if they have reliable (and well earned) success and failure metrics that they could use to guide them.
Here are a few more practices you can implement to make sure your objectives are clear to everyone involved and get your team aligned:
Without effective communication the chances of a successful project aren’t great. In fact, 30% of projects fail due in part to inefficient communication of communication between teams and leadership.
So how do you avoid this common mistake?
When a project starts to add additional components and tasks until your original deadlines are now unrealistic, you know you’ve made this common and costly mistake. And the larger they get, the more challenging the project management. In fact, nearly 50% of business projects experience scope creep, and 29% of projects fail due to inadequate cost estimation.
So how can you avoid scope creep? Take the time to plan out the deliverables carefully and be vigilant of potential new requests as they come in. Management, clients, or even vendors are known to add requirements to a project after it is already underway. But with proper tracking and perhaps a little research, you can tell which add-ons are realistic and which ones require additional time or budget. Don't be afraid to say no, especially if that ever-growing list of new tasks will throw off your entire project schedule.
And as for keeping your time and budget estimates as realistic as possible, here are a few different types of cost estimation to help you out.
Utilize past and similar projects to design a rough estimation of what your project may cost and how long it will take. This is typically the quickest type of estimation, but it can have some inaccuracies.
This works by identifying the relationship between variables and cost or duration. In this type of estimation, you use past data to calculate the time and cost for different components of your project—basically, analogous estimation with a bit more math.
Include as much low-level detail as you can when creating an estimate. It requires breaking down each project task into smaller components, such as individual deliverables. This type of estimate can be time-consuming, but it's the most accurate and can curtail potential risks.
Even if your project doesn’t involve a potential $125 million dollar mistake, the small ones can add up quickly. One way to help reduce them is to automate the error prone parts of the project—like sending alerts when one step of it is complete.
And Kintone has the workflow management tools to support efficient project management while improving team collaboration, so you can avoid the three worst mistakes project managers make a little more easily.
Learn more about Kintone for project management here.