How to Build Synergistic Teams?
As a project manager, resource manager, or a team lead, it can be difficult to build highly cohesive teams for new projects. Appropriate project management will allow managers to take control of the organization of the project, use effective software to assign tasks to the right employees to ensure synergy, and supervise the efficacy of the entire project. According to scl.org, a survey conducted of over 5400 IT projects found that 33% of these IT projects with a budget of over $15 million had a schedule overrun and 66% of those projects were exposed to significant cost overrun. Data projects and software projects are then considered “high-risk” projects due to the variance and unpredictability.
How to prevent project delays and cost overruns?
Preventing project delays and cost overruns is crucial to a company’s operations as the client will request additional resources to compensate for financial losses and costs due to the delay in the project, assuming the project manager is responsible.
To combat project delays and cost overruns, a great manager must not overload themselves with projects. They should delegate tasks to their employees so they can focus on other operations such as innovative improvements to the workplace, to the business, and attend meetings to coordinate with other managers – But how do they pick the right employees to do the right jobs?
To prevent project delays, it is important to know the team you will be delegating to a project. A great manager will want to choose the right employees with the right skills to work together in effectively completing projects in a timely manner. It is vital for managers to learn the strengths and weaknesses of their employees so they can coordinate who should be on what project, at what time.
How to find the best employee for the right task?
With 77% of high-performance IT projects implemented with the support of project management software, ideally, a great manager will want to track these skills and the employee ability. Luckily in today’s society, there are a wide variety of software products that can help with project management, and a few products that can track skills of their employees for optimal employee delegation. Utilising one of these software products and having access to a skills database to make decisions, is a business decision that will separate a good manager from a great one.
What are the Consequences?
According to Achievers, a survey they conducted found only 19% of employees are very engaged with their company and plan to stay for a long period of time. When you stagnate employee skills or poorly manage the tasks they partake in, they begin to disengage from the company and may eventually seek employment elsewhere. Not only will you lose a member of your team but you will need to retrain new employees for tasks, which can be mitigated by keeping employee retention up.