The first step in project management is understanding if your project is actually a project, or just an idea. The project may seem interesting, and your executives may want it, but that doesn’t mean you dive in head first. If you start a project without the proper structure, it usually results in chaos. We’ve created an easy set of key components to self-diagnose whether you have a project worth investing time in.
6 Key Components Necessary Before Starting a Project
- Understand the strategic direction. Think about how this project achieves overall corporate goals.
- Identify project sponsor. Determine who is sponsoring your project and the extent of their commitment. Make sure you have the right level and sponsor for the needs of the project.
- Align on key success factors. Make sure the problem is being solved is understood, and how you will measure your desired outcomes.
- Decide on stakeholders. Understand who is responsible for achieving the benefits of the project.
- Allocate resources. Examine whether or not you have the capabilities on your team to implement this project.
- Identify key issues. Keep in mind the issues related to the ongoing operations of this effort.
Until you identify these six components, you don’t actually have a project. At least not a successful one.
These six aspects help drive overall goals and objectives in a successful manner.