CategoriesTips & Tricks

How Project Leaders Can Tame Unpredictability

All project leaders realize that the business environment is characterized by constant change on a macro scale.

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In day to day operations, it’s often the smaller challenges that threaten to derail our projects and decisions.

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A recent study by the Project Management Institute (PMI) found that only 56% of projects meet their original goals and budgets.

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One effective approach is to embrace the principles of agile methodology.

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Agile emphasizes flexibility and iterative development, allowing teams to adapt to changing circumstances and incorporate feedback throughout the project lifecycle.

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A key agile technique for managing unpredictability is vertical slicing.

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This involves breaking down large projects into smaller, more manageable chunks, each delivering a complete, albeit limited, functionality.

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By focusing on delivering value incrementally, teams can tackle smaller, more manageable pieces, identify and mitigate potential problems early on.

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In addition to vertical slicing, project leaders can further enhance their ability to manage unpredictability by building strong relationships with stakeholders.

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Open and honest communication helps ensure that everyone is aligned on project goals and expectations.

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