Question 5
Either from your experience or by searching the internet, describe a well-planned and executed project. Describe a disastrous project. What were some of the main differences between these projects?
A well planned and execute project can be Facebook. It was a planned project, that Mark Zuckerberg planned out, hired his roommates as the project team and executed it. Great timing and the need for a clean social network also helped, but anyone could've came up with this idea (and they did i.e. myspace) but it was the well planned Facebook that made it at the end of the day. A disastrous project could be myspace. When Facebook was clear in what it was and wanted to be, myspace could have been confusing in what the site really was. At first it was a social network, then they took a more musical approach to it and now it is stuck between the two and Facebook it the clear king of social networking. While myspace was figuring out it's identity, Facebook already had one and perfected it, and could be said that they "beat" myspace.
I see where you are going with this answer, but I think looking at Facebook or Myspace as a project does not fit the proper definition of a project. Remember, a project must have a definitive beginning and a definitive end. Facebook and Myspace would therefore be made up of many projects. For example, adding a new feature to Facebook could be a project of its own.
ReplyDeleteWhere you hit the nail on the head is about having a focused goal for a company or product. When you don't, it makes it extremely difficult to choose the right projects to undertake. If you don't know where are you going, how are you going to know how to get there!
Good point Ken. Is this company strategy or a project that is temporary, has a beginning / end.
ReplyDeleteMFORMAN