Rapid Assessment and Recovery of Troubled Projects

Learn how to react with speed and focus and manage the transition to stability.

Course Overview

All project managers will come across a struggling project, whether it is their own or inherited. In order to rescue the project, with little time to hone the perfect approach, project managers need to react with speed, power, accuracy and focus. Through this course you will learn all the processes, tools and techniques you need to perform a rapid assessment of a project in trouble, enabling you to manage the transition to stability. Learn to develop a secondary project to rescue an existing project, using solid project and recovery plans as well as learning how to develop future preventative measures. Case studies designed to simulate the environment of a real project in trouble will allow you to build up your skill set and know what to do when trouble strikes.

Course Topics

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1. Introduction to Assessment Methodology
   1. Identifying the early warning signs of troubled projects
   2. The role of the assessment sponsor
   3. Overview of the Rapid Assessment Model
2. Planning the Assessment
   1. The role of the charter in developing an assessment plan
   2. Bridging the gap between the project team and the assessment team
   3. Evaluating project history through critical documentation
3. Conducting the Assessment
   1. Developing the interview strategy
   2. Using interviews to determine project reality
   3. Analysing and validating project data
4. Developing the Stabilisation Plan
   1. Stabilisation conceptual overview
   2. Recovery strategy options
   3. Develop plan for stabilisation
   4. Addressing people, processes, products, and timing
5. Stabilising the Project
   1. Steps to conduct stabilisation plan
   2. Techniques for prioritising threats, opportunities, and problems
   3. Rebaselining the project plan
   4. Implementing project control metrics
6. Preventive Measures
   1. Avoiding classic mistakes
   2. Establishing a plan for continuous improvement