Cemeteries are filled with projects that went out of control. Below are several

Question

Cemeteries are filled with projects that went out of control. Below are several causes that can easily develop into out-of-control conditions. In which phase of a project should each of these conditions be detected and, if possible, remedied? a. Customer’s requirements not understood b. Project team formed after bid was prepared c. Accepting unusual terms and conditions d. Permitting a grace period for changing specifications e. Lack of time to research specifications f. Overestimation of company’s capabilities

Explanation / Answer

The listed out of control conditions are all needed and are interlinked with each other however one should ensure that these situations are properly monitored before they go out of control. Customer requirements not understood is the main cause of failure one needs to do the market survey and research before they launch the product. One has to ensure that we work in all the marketing parameters and make the product recognizable in the market so that the product does not go through bad phase or into losses. One needs to understand what the customer needs and wants are they need to also understand how these needs will be solved and the most important take the feedback from the customers and then work on the betterment of the product. Yes this is a major drawback we form the project team when the bid is placed its not correct this process has to take place before the product is launched in the market. The terms and conditions need to be minutely studied incase the correction is required we need to ensure that the correction is done so that at the later stage the product does not go through a bad patch. if their is any requirement of altering the terms and condition or addition and deletion of points we need to immediately do it without any delay.Yes their should be a grace period or the time frame for changing the specification before the product hits the market. Sometimes the time is very less to study the specification which results into failure of the product one should study the specification in detail so that right specification is pitched into the market for customers. Overstimation or overconfidence leads to the failure of the product.

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