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Lessons Learned 

Lessons Learned Report

 

Prepared by: Dipti Joshi                                                        Date: February 1, 2005

Project Name: Coding Performance Improvement 

Project Sponsor: Mary         

Project Manager: Wu Kim Har       

Project Dates: 22/09/2004 – 09/02/2005      

Final Budget:  $ 400,000.00  

 

1.   Did the project meet scope, time, and cost goals?

We did meet the scope and time goals, but we went a little overboard with our budget as we had spent an additional $ 100,000.00, with the approval of the project sponsor.

 

2.   What was the success criteria listed in the project scope statement?

“Our goal is to complete this project within 6 months with the given budget of $300,000.00. The primary sponsor of this project, Mary, has stressed on the importance of succeeding in this project. This is in light with the company’s objective of minimizing costs and maximizing profits. To achieve a financial break-through, a thorough review must be done to the previous codes to determine the root of the problem. At the same time, we must develop another method of utilizing the computing power efficiently while new codes are being developed and tested.”

 

3.   Reflect on whether or not you met the project success criteria.

Our sponsor, Mary, believed in this project as much as we did so she was not reluctant when she had to fork out an additional $ 100,000.00 in making this project a reality. We have received good feedback from the top management because although this project went a bit over budget, it was still deemed as an excellent investment.

 

4.   In terms of managing the project, what were the main lessons your team learned?

The main lessons we learned include the following :

  •       Having a good sponsor was vital in ensuring the project met success. Although we ran into a couple of difficult situations, Mary was there to aid us in solving the problems.

  •       Teamwork and cooperation from the team members was extremely important. Also, one should accept the fact that although for a project you can sometimes hand pick members to form a dream team, it is not necessary that your “dream team” would be able to perform as you would have expected them to. So one should always be prepared to accept changes and also be able to work with new faces within a short time span. Other than that, developing the team contract helped us be on track of the project.

  •       A good project manager is essential in seeing to the success of a project. I had to accept the fact that I was not as capable as I thought I would be in managing this project. So when Kevin took over as the project manager, I had the option to leave the team and save my pride, but I chose otherwise. I chose not to be disheartened and instead I seized this golden opportunity to learn as much as I could from someone as capable as Kevin.

  •       Project management software was very helpful throughout the project.

5.   Describe one example of what went right on this project.

Although this project went a bit over budget, we managed to meet our time and scope goals. Indeed these criteria are often difficult to achieve and I am glad we managed to be on track.

 

6.   Describe one example of what went wrong on this project.

Due to lack of experience, the members that were handpicked by me did not turn out to be the right choices. This somewhat disrupted the execution of the project and instead of cutting short on time, we ended up wasting time.

 

7.   What will you do differently on the next project based on your experience working on this project?

I would be lying if I said that I did not gain an eye-opening experience working on this project. I have learnt that it takes more than just being a project manager to make any project a reality. After having worked with Kevin, I have learnt the various ways in which you should be able to handle any situations, especially tricky ones. Also there is an art of communicating with your team members, so that they too believe wholeheartedly in a project and are willing to give their all in making the project a success.

With this invaluable experience in hand, I will definitely see to it that the next project is more successful than the current one, in terms of meeting all three scopes, which are time, cost and scope goals.

                            

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