Project Management Institute

Think Fast! (But Carefully)

Snap Decisions Can Sink Or Save A Project; Deliberate Preparation Can Ensure Teams Won't Skip A Beat At Crunch Time

Project professionals can't afford to flinch in today's fast-paced business environment. Nearly 4 in 10 managers say there's an expectation to finish project quickly and stay agile, while 24 percent say they are making decisions about unfamiliar issues, according to a 2017 Forbes Insight global survey. That combination signals growing pressure on project managers to make snap decisions that don't introduce new risks. Whether it's promptly managing a budget increase request or knowing when it's okay to contact the sponsor to resolve a crisis, making the right call is easier said than done. And unless there's a decision-making game plan in place that accounts for rapid-response scenarios, project teams might do more harm than good in crunch time.
registered user content locked

Log in or join PMI to gain access

or Account Registration

Advertisement

Advertisement

Advertisement

Publishing or acceptance of an advertisement is neither a guarantee nor endorsement of the advertiser's product or service. View advertising policy.