Rapid Assessment and Recovery of Troubled Projects

Learn how to manage the transition to stability.

Course Overview

All project managers will come across a struggling project – whether it is your own or one you have inherited. With little time to hone the perfect approach, you will need to react with speed, power, accuracy and focus.

Rapid Assessment and Recovery of Troubled Projects demonstrates a proven route to project recovery. You will get everything you need (processes, tools, techniques) to perform a rapid assessment of a project in trouble, develop a solid recovery plan and manage the transition to stability.

Active participation in the case study, designed to simulate the environment and feel of an actual troubled project, will enable you to build your skills in a meaningful way. This course is essential for experienced project managers who need to know what to do when difficulty strikes.

Reminder: Participants should have a thorough understanding of Scheduling and Cost Control and Risk Management before taking this course.

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