Recover projects

How do we recover Projects

10/15/20241 min read

white concrete building
white concrete building

Project Recovery services are aimed at rescuing projects that are at risk of failing or have already failed. The scope of these services can be quite broad and typically includes several key areas:

  1. Assessment and Analysis:

    • Project Health Check: Reviewing the current status of the project, including scope, schedule, cost, and quality.

    • Root Cause Analysis: Identifying the underlying reasons for the project's issues or failures.

    • Stakeholder Interviews: Engaging with stakeholders to understand their concerns and perspectives.

  2. Planning and Strategy Development:

    • Recovery Plan Creation: Developing a detailed plan to address identified issues and bring the project back on track.

    • Risk Management: Updating or developing a risk management plan to handle current and potential risks.

    • Resource Planning: Assessing and reallocating resources as needed to support the recovery efforts.

  3. Execution and Monitoring:

    • Implementation of Recovery Plan: Executing the recovery plan, which may involve re-baselining the project, adjusting timelines, or revising scope.

    • Monitoring and Reporting: Tracking progress against the recovery plan and providing regular updates to stakeholders.

    • Issue Resolution: Addressing any new or ongoing issues that arise during the recovery phase.

  4. Stakeholder Management:

    • Communication Strategy: Developing a communication plan to keep stakeholders informed and engaged.

    • Conflict Resolution: Mediating disputes or conflicts that may impact the project’s recovery.

  5. Change Management:

    • Process Improvements: Implementing changes to project management processes or practices to prevent future issues.

    • Training and Support: Providing training or support to the project team to help them adapt to new processes or tools.

  6. Documentation and Knowledge Transfer:

    • Documentation of Recovery Efforts: Keeping detailed records of the recovery process, decisions made, and lessons learned.

    • Knowledge Transfer: Ensuring that any improvements or changes are effectively communicated and integrated into the organization’s practices.

  7. Post-Recovery Evaluation:

    • Project Closure: Finalizing and formally closing the project once recovery objectives are met.

    • Review and Reflection: Conducting a post-mortem or retrospective to evaluate what went wrong, what was done well, and how similar issues can be avoided in the future.

The specific scope of Project Recovery services can vary depending on the nature of the project, the industry, and the particular challenges faced.