Paradigm Shift | Project Management Magazine Winter 2020

Page 16

INNOVATIONS AND INSIGHTS

In these strange and changing times of

PROJECT GOVERNANCE AND WHY PROMPT DECISION MAKING IS THE NEW BLACK

COVID-19 where companies are under

HOW CAN WE APPLY THE LESSONS FROM THE CURRENT SITUATION TO THE WAY WE GOVERN OUR PROJECTS TO GET BETTER OUTCOMES AS THE NEW WORLD ORDER EMERGES?

(Source: Canva)

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threat to completely overhaul their financial management forecasts and review new and different business opportunities, there has never been a better time for those in a position of project governance to step up to the mark. One of the most interesting things for me about COVID-19 has been to see governments (state and federal) demonstrating the ability to make quick and effective decisions. When making those decisions, upon which we have been dependent on for survival and income, they have been honest in acknowledging when there have been defects along the way and not been afraid to readjust the path when needed. This has resulted in us all being ‘in this together’ and getting the majority to dance to their COVID-19 tune.

LESSON 1 – ‘TIMES THEY ARE A CHANGING’ SO MOVE IT OR LOSE IT! Things will never be the same again and hopefully nor will your organisation. If your business hasn’t changed and become more creative and innovative in the way it operates you may find yourself frozen in time. Yes, it is time for a review from strategy through to project delivery. Don’t pick up your projects where you left off. Review, revamp, and realign.


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