Managing Projects Over Managing Time

Posted on February 12th, 2018
Time Tracking with Due

No matter how hard you may try, you can’t control time — but you can manage it a little better. Time passes whether you like it or not.

Instead, when we discuss time management, we’re really talking about how we can make the most of the time we have. And, one effective way of doing this is by learning how to manage a project over time.

That may sound like an impossible feat, but if you try out these ten project management types, it can be done.

Establish a Project Baseline

“A baseline is the initial project scope, schedule and cost of a project. These are generally defined and reviewed at the onset of a project by the project team, although project stakeholders can be included as well,” writes Patrick Icasas for the Project Management Blog.

Project baselines provide “a standard by which actual performance can be measured.” They also can forecast the outcome of the project.

“Baselines are documented (whether on paper or electronically) and are used to keep the project on track.” They’re not “necessarily set in stone; they can be updated as the scope changes, estimates are reassessed and resources become available.”

Once the project has been completed, compare the original baseline with the actual timeline, cost, and scope. By comparing the two, you can “determine what can be done to minimize problems in the future.”

You should pay attention to this while working on the project. If there are any changes to the original scope, then you’ll need to immediately adjust the baseline.

Use Historical Information

Did you previously work on a project that’s similar to a project you’re currently working on? Go back and revisit that project. You want to see what mistakes were made, what you did correctly, and the resources you used.

This can shave off several days of your schedule since you now have a blueprint for success.

Incorporate the Appropriate Tools and Resources

Before diving into a project, make sure that you’ve aligned all of the tools and resources needed to complete the project on-time. This is obviously going to vary from business-to-business. But this would include assigning work to employees based on their skillsets. It would also discuss the tools or software you’ll need to automate workflow.

Follow the 80/20 Rule

Named after Italian economist Vilfredo Pareto, the Pareto Principle, aka the 80/20 Rule, “is the idea that 80 percent of your results are going to come from 20 percent of your efforts.”

While there may be some flaws in this method, the idea is that it can be used a starting point to determine where your priorities should be focused.

Ultimately, you’ll want to focus 20 percent of your activities that matter the most. As a result, 80 percent of your results will come from just that 20 percent. It’s not just used to help you determine where you’re effective, it also ensures that you won’t waste any time.

Make Meetings Meaningful

If you’re working with a team on a project, don’t waste everyone’s time by asking everyone to share a status update. This provides little value and is a real time-waster. Instead, your meetings should focus on problem-solving and brainstorming.

To ensure that you meetings are effective, always set an agenda and keep them short. Don’t forget to prepare in advance and giving your team actionable items that can be measured.

Don’t Micromanage, Delegate

As a project manager, there’s no need to get involved with every finite part of the project. After all, you have a talented team that you’ve selected to handle specific tasks. Instead you need to keep your eye on the ball, in this case steering the project to a successful completion.

Even if you don’t have a full-time staff, you may want to consider outsourcing and delegating certain tasks. For example, hiring a virtual assistant would handle all your administrative work, like replying to emails and planning your schedule, so that you can remain focused on the project.

Deconstruct Tasks

It’s easier to see the big picture when your breakdown the structure of your work. It also allows you to make more accurate estimates since you’re working with smaller pieces of work.

Think of the deconstruction like building a house. It’s difficult to give an exact date on when it will be completed. However, you can probably give a ballpark estimate on projects like painting the living room, installing the kitchen cabinets, or finishing the bathroom plumbing.

Keep in mind that you don’t want to breakdown the project so much that you start micromanaging. One indicator that you’ve gone too far is when you start measuring tasks by exact minutes or hours.

Create To-Do Lists

Jotting down your most important tasks for the day keeps you focused on achieving your objectives. Otherwise, you’ll end-up wasting time on tasks that don’t really influence the project.

For example, I’m addicted to Feedly. Even though I receive updates regarding my industry, they’re not assisting me in finishing an ongoing project.

Avoid Over-Committing

Sometimes this isn’t easy. However, by saying “no” you’ll be able to prevent spreading yourself too thin. For example, if you’re too busy and don’t have time for something, say “no.” If you don’t know how to do something or it’s not in your wheelhouse, say “no.”

Plan For the Unexpected and Interruptions

Life doesn’t always go as planned. You may get sick or have to deal with a family emergency. Other times your computer crashes and you can’t pick-up a new one until tomorrow. Regardless of the exact situation, you have to plan for the unexpected and interruptions.

The easiest way to do this is by having a little flexibility in your schedule. For example. Even though I block-out from  eight am to noon and then two pm to five pm for work, there are breaks in-between.

In my morning block, for example, there’s usually an hour-break between 10 and 11. While I usually use this time to take a break, recharge, and check my emails, I can also use it to take care of any emergencies if I have to.

 

This article was originally published on Calendar by John Rampton.

John Rampton

John Rampton

John Rampton is an entrepreneur and connector. When he was 23 years old while attending the University of Utah he was hurt in a construction accident. His leg was snapped in half. He was told by 13 doctors he would never walk again. Over the next 12 months he had several surgeries, stem cell injections and learned how to walk again. During this time he studied and mastered how to make money work for you, not against you. He has since taught thousands through books, courses and written over 5000 articles online about finance, entrepreneurship and productivity. He has been recognized as the Top Online Influencers in the World by Entrepreneur Magazine, Finance Expert by Time and Annuity Expert by Nasdaq. He is the Founder and CEO of Due.

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