We will distill and restate the problem you are attempting to solve. This is to ensure you are moving in the right direction.
Understanding the project objectives is different to the scope of what's included or not. It's about a shared understanding of the problem you are attempting to solve in detail. Any ambiguity around this dilutes clarity throughout the entire project.
We will clarify the implicit and explicit project scope and align all project stakeholders.
Scoping the project means everyone understands what is and what is not expected to be delivered. It is a negotiated balance between budget, timescale, and risk.
All scoped features and requirements should move the project closer to meeting stated objectives. Your scope sets the baseline measurement for project success or failure and should be viewed through the lens of your return on investment.
Identify technical and commercial risks and map these back to the project scope and objectives.
These risks are addressed or mitigated within the context of the impact they have on the scope, budget and delivery timescale.
It is key to identify the technical and non technical risks hidden in your project. Project risk is different for every business and project but is usually related to the team's experience and skills, the business domain and market dynamics, delivery timeframe and budget.
Within 3 months we rebuilt our product from the ground up by adopting the Threadable team model
Our new product was a key driver to increasing customer acquisition 6 fold.
Within 8 months of launching our new product we were executing entirely internally and scaling rapidly.
From initial engagement with Threadable to project conclusion took 11 months.
Healthtech Project Rescue
Read more about how Threadable partnered with Pharmapod to rebuild their team, product and software delivery process.
Establish informal and agile project management processes characterised by best in class software development methodologies. Develop a plan that demonstrates success early on with some quick wins that also trains all stakeholders how to engage with an agile shared approch to delivering product to customers.
The project team should adopt an appropriate agile methodology as characterised by all modern software development teams.
The approach to scheduling activities must be organised such that high risk activities are front-loaded and addressed as early as possible. This enables close monitoring and early mitigation of risks that materialise.
Create and communicate the real and achievable milestone based execution plan to ensure the project team are re-invigorated, risks are addressed and mitigated as they arise and the project is brought back on track.
Regular and effective communication is the greatest single contributor to project success. Communication enables innovation. Innovation doesn't stop once the project has been kicked off, it should and needs to continue throughout project execution.
Enabling the flow of ideas and feedback during the project, whether from new sales opportunities or other market developments doesn't need to impact the project scope immediately. However, it can, should and does influence the future product roadmap.
Having visibility of ideas and horizon roadmap features can help project teams to make decisions that will enable these innovative features at an optimum cost, in the next release of the product.
Where appropriate we fill skills gaps, mentor and guide your project team with our expert team of product managers, architects, developers and quality assurance personnel.
Often the best way to impart a new process or change to your team is through actively working alongside our professionals who are experts in turning around underperforming teams.
