The Effects Of The Coronavirus Pandemic On Project Delivery

What impact does this coronavirus, as well as the trend of working remotely, have on projects that are just being started or are already underway? If you’re a project manager certification holder, or work for a company that focuses on projects, you already know how important risk planning is. If you haven’t already been sent home to work, think about what the overall impact on IT projects, project managers, and teams in project-centric businesses will be now and, in the future,–

· Project opportunities will dwindle.

Without a doubt, project prospects will decline, and as a result, tech profits will dwindle as well. The IT team and organisations will have to work hard to figure out how to turn more projects into new business and expand chances for more projects from existing clients. I’m not suggesting that remote project managers make sales, but every project manager should be looking for need gaps within their clients’ organisations that they can fill with new project opportunities or change orders on existing projects that increase the revenue footprint of the projects currently in progress.

· 3rd party vendors will be closed.

Without a doubt, project prospects will shrink, and with them, tech earnings. The IT team and organisations will have to work hard to develop new methods to turn more projects into new business and expand chances for new projects with existing clients. I’m not suggesting that remote project managers make sales, but every project manager should be looking for need gaps within their clients’ organisations that they can fill with new project opportunities or change orders on current projects that increase the revenue footprint of the projects currently in progress.Have you thought about how you’ll deal with that possible problem? Will the end customers be able to get project delivery from you in the period required? When confronted with these circumstances, the schedule may need to be constructed with the mindset of “under promise and over deliver.” Don’t set too high a bar for your customers right away. Ascertain that they are aware of the dangers and that they consent to them.

· Remote work must happen.

Remote labour and remote projects will be used again when the situation is critical and individuals need to be separated from one another. Make sure you have the correct individuals on board who can manage the situation and won’t crumble under strain. In the future, organisations may want to explore staffing their teams — at least to some extent — with employees who have worked from home and been extremely productive and effective. Look for managers with a project manager certification,who have managed successful projects despite never meeting their team in person. It is not for everyone — organisation is essential, as is being a good communicator.

· Virtual teams will be the most productive.

If you already have virtual teams in place, you’ll be in the greatest position to gain instant efficiency and productivity in your project delivery. This equates to project success and customer delight. Remember that in instances like this, the consumer is also impacted and concerned. You want to assuage their fears by assuring them that your project will be a success. Having competent personnel who are already executing assignments remotely will help them maintain their confidence and become long-term project clients for your company.When things like these happen, be ready to provide. Use it as a selling point in the future. Accept that when everything is all said and done, remote projects, remote workforces, and virtual teams may become the new normal, which is a good thing. You may now hire the greatest employees without having to bring them to your office. Costs can be reduced as production increases. It has the potential to be a win-win situation.

Want to learn more about the same? Enrol in a PMP or CAPM Certification training program today!