Tackle Your Next Big Business Project the Right Way

By Dana Sellers on February 8th, 2016 / Comments

Successful entrepreneurs are usually good at project management. They are great with the process of planning, organizing, motivating and controlling resources and procedures to achieve specific goals.

As we all know, projects are endless as a small business owner. So if you need to brush up on your project management skills, follow these tips to help you successfully setup and manage your next project:

1. Identify Your Project’s Goal
When you know the real purpose of a project, things get clearer, and you will establish guidelines for keeping you on the right path.

2. Identify All of Your Contributors
Make sure you identify all team members and keep their interests in mind when you create a project plan. Meet with them to discuss their needs, expectations, and roles and establish guidelines for project’s scope, budget, and timeline. This is an important first step. Make sure every team member knows what is expected from them.

Then document your discussion, finalizing the details of the project. This will get everyone on the same page, which will ultimately reduce the chances of costly miscommunications.

3. Establish Milestones and Checkpoints
Identify crucial moments throughout the project. It is hard to know if your project is successful if you don’t measure success. Create milestones and checkpoints, especially for a long endeavor, to determine if you are on track or straying from the project’s goals.

4. Use Project Management Software!
Behind every successful project is a stable and comprehensive software solution with essential features. Make sure your software includes: project templates, project tasks, budgeting and milestones, project planning phases, tracking schedules and communication modules. Another thing to look for is software that integrates with other applications. BasecampAsana, Trello, and Wrike are some common software applications used.

5. Develop the Project Schedule
Look at each deliverable and checkpoint and determine the amount of time it will take, the necessary resources, and who will be responsible for completion. Involve your entire team in this planning process. The people doing the work have valuable insight into how tasks get done, how long they’ll take, and who’s the best person to tackle them.

6. Test Your Progress at Every Milestone
Deliverables should be checked at every critical checkpoint. The final product must meet project requirements so before you move forward on the next phase of your project, be sure the product is coming along as planned.

Use these tips and you will end your project bringing beneficial change and added value. Moreover, don’t forget to evaluate your success, even if it is only for internal purposes, so you can establish the best practices to use in future projects.

For more small business tips and resources, go where small businesses go to grow.

About the Author

Dana Sellers

Dana Sellers

Dana is a Business Growth and Development Consultant and the Founder of Gray Capital Solutions. Through Gray Capital Solutions, Dana provides consulting, strategy and coaching to help small businesses grow. You can learn more by exploring www.graycapitalsolutions.com or follow @graycapsolns.