Amazingly, doing nothing is an acceptable response in some cases….
Recently, I was quoted in Projects@Work in an article titled, “A Guy Named Murphy” about whether you should manage risk in a project: “I’ve led project teams, it is common to have unexpected events and challenges arise. But once you have established an effective project team and defined a critical path, stop risk mitigation activity, as it will be a waste of time and resources.”
Of course, we do not leave the reader hanging on “what to do”. In my experience in working with many project teams across different industries, sized companies, etc, it all boils down to the following: “First, it starts with the people. Immediately bring the project team together to understand the situation in order to brainstorm and develop plans. Then, I advise reviewing the project schedule. “Will the unexpected circumstances affect the critical path?” If not, rework a solution and remain steadfastly focused on the critical path. If yes, utilize the team to brainstorm and develop alternative critical path options.” Finally I believe it is critical to ensure that the communication channels are in place so that everyone knows what’s going on, “Ensure the critical changes to the project plans are communicated with clear next steps, project milestones and with accountabilities assigned. The only time it is too soon to communicate to the organization or relevant sponsors is before the project team is in the loop.”
Read the entire article here