Identifying and Acting on Early Warning Signs in Complex Projects [electronic Resource]

Identifying and Acting on Early Warning Signs in Complex Projects [electronic Resource]
Title Identifying and Acting on Early Warning Signs in Complex Projects [electronic Resource] PDF eBook
Author Ole Jonny Klakegg
Publisher
Pages 22
Release 2011
Genre Risk assessment
ISBN

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This paper considers how project assessments may be used to identify early warning signs in projects, and how complexity influences it. This study confirms the main findings in earlier literature and gives an overview of current documented practice. Then comprehensive empirical research is performed to expand this. Results show that project professionals are not very good at detecting early warning signs and even less good at acting on them. Barriers that lead to this are identified. Identifying and acting on early warning signs is particularly important in the initiation or set-up phase of the project, but also relevant in later phases, including execution. The nature of early warning signs and the way these can be detected change over time and with the evolving situation. We see that project assessments, typically performed as part of gateways, are useful in identifying early warnings connected to the documentation and formalities of the project. As the complexity increases, the assessments have more limited use, and the project is increasingly dependent on detecting early warning signs by informal "gut-feel" approaches. This indicates the increased importance of knowledge, experience, and communication skills in complex situations. The paper concludes with a list of early warning signs.

Early Warning Signs in Complex Projects

Early Warning Signs in Complex Projects
Title Early Warning Signs in Complex Projects PDF eBook
Author Ole Jonny Klakegg
Publisher Project Management Institute
Pages 220
Release 2010-12-01
Genre Business & Economics
ISBN 1628251697

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Complex projects are often the most high-profile projects within an organization. How can early warning signs be identified and acted upon, so that problems are avoided and projects are successful in delivering the expected value for their owners and other stakeholders? What signals should we look for? Looking for early warning signs takes more than a keen eye. Collaborating with the Norwegian University of Science and Technology in Trondheim and the University of Southampton in the United Kingdom, Ole Jonny Klakegg, Terry Williams, Derek Walker, Bj&ørn Andersen, and Ole Morten Magnussen have expanded on their research of governance frameworks and guidelines as well as provided interviews with experts and case studies from Australia, Norway, and the United Kingdom. This international report identifies early warning signs in highly complex projects and offers tips on how to combat them.

The Early Warning Procedure in Projects

The Early Warning Procedure in Projects
Title The Early Warning Procedure in Projects PDF eBook
Author Sara Hajikazemi
Publisher LAP Lambert Academic Publishing
Pages 228
Release 2015-11-06
Genre
ISBN 9783659588235

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Despite the application of project management tools and techniques in projects worldwide, still a large number of projects fail to meet their objectives. Based on studies on the history of failed projects, it is obvious that projects do not result in failure overnight. With hindsight, project managers are often able to point out the most likely factors leading to project failure. One approach towards prevention of project failure or deviation from the main goal is to attempt to detect possible signs of project failure in early stages of projects. These signs are referred to as Early Warning signs. The challenge for project managers is to identify these signs and attempt to respond to them in order to prevent the negative circumstances. Although it is not a proven fact that identification of EW signals is a guarantee against project failure, there are a number of resources which consider paying attention to these signals and attempt to respond to them as a contribution to project success. This book provides better understanding of the Early Warning phenomenon, possible approaches for identifying them and the barriers against effective responses to these signs in practice.

Early Warning Signs

Early Warning Signs
Title Early Warning Signs PDF eBook
Author
Publisher
Pages 16
Release 2010
Genre Electronic government information
ISBN

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A Review on Possible Approaches for Detecting Early Warning Signs in Projects

A Review on Possible Approaches for Detecting Early Warning Signs in Projects
Title A Review on Possible Approaches for Detecting Early Warning Signs in Projects PDF eBook
Author Sara Haji-Kazemi
Publisher
Pages 15
Release 2013
Genre Project management
ISBN

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This paper provides an overview of the full extent of early warning detection approaches, which are directly or indirectly addressed in the literature. These approaches can aid project managers in taking corrective actions timely enough for preventing failures. This paper is based on a review of the current literature within the field of early warning in project management and on the authors' experiences gained from practice. It also builds upon the authors' experiences in various forms, both through advising and supervising project management teams and through observations and studies of projects. The authors extract possible approaches for early warning signs (EWS) from the literature and practical experience, and make a thorough discussion of their strengths and weaknesses. Specifically, the paper addresses these questions: (1) What approaches exist for detecting early warning signs and how can they be categorized; and (2) What are the strengths and weaknesses of different EWS detection approaches under different circumstances? The authors conclude that the choice of the most effective approach is arguably dependent on the type of project, organizational culture, and the project environment.

Advanced Methodologies and Technologies in Business Operations and Management

Advanced Methodologies and Technologies in Business Operations and Management
Title Advanced Methodologies and Technologies in Business Operations and Management PDF eBook
Author Khosrow-Pour, D.B.A., Mehdi
Publisher IGI Global
Pages 1482
Release 2018-09-14
Genre Business & Economics
ISBN 1522573631

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Businesses consistently work on new projects, products, and workflows to remain competitive and successful in the modern business environment. To remain zealous, businesses must employ the most effective methods and tools in human resources, project management, and overall business plan execution as competitors work to succeed as well. Advanced Methodologies and Technologies in Business Operations and Management provides emerging research on business tools such as employee engagement, payout policies, and financial investing to promote operational success. While highlighting the challenges facing modern organizations, readers will learn how corporate social responsibility and utilizing artificial intelligence improve a company’s culture and management. This book is an ideal resource for executives and managers, researchers, accountants, and financial investors seeking current research on business operations and management.

A Safer Future

A Safer Future
Title A Safer Future PDF eBook
Author National Research Council
Publisher National Academies Press
Pages 85
Release 1991-02-01
Genre Science
ISBN 0309045460

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Initial priorities for U.S. participation in the International Decade for Natural Disaster Reduction, declared by the United Nations, are contained in this volume. It focuses on seven issues: hazard and risk assessment; awareness and education; mitigation; preparedness for emergency response; recovery and reconstruction; prediction and warning; learning from disasters; and U.S. participation internationally. The committee presents its philosophy of calls for broad public and private participation to reduce the toll of disasters.