As a Project Sponsor, ensuring the success of a digital initiative is crucial for the growth and competitiveness of your organisation. Attending project meetings and reviewing progress reports is not enough to ensure success.
Project Sponsors need to be involved at a deeper level throughout the project to avoid surprises and mitigate risks.
Ensuring the problem statement is well-defined is crucial. This will help ensure that the project team is solving the right problem and is aligned with the organisation’s overall goals. It’s also essential to involve the right stakeholders at the right level and ensure they take ownership of approving requirements and the solution. By taking an active role, you can help drive the project towards success.
Involving the right stakeholders at the right level will help in making the right project decisions. This level of involvement may take more time initially. However, it will ultimately save time and ensure the success of the digital project investment.
In conclusion, digital projects are a significant opportunity for businesses to grow and remain competitive. As Project Sponsors, it is essential to be involved at a deeper level throughout the project to ensure its success. By taking an active role and being part of the solution, you can help drive the project towards success, mitigate risks, and avoid surprises.