Should We Also Focus On Milestones Management?


Projects are delivered when planned milestones are achieved. Interestingly the bigger picture is always on the project management. The performance is measured at the project level and reported to senior leaders. Milestones that have challenges are highlighted with solutions being professed and worked.

However, could projects be delivered faster, if projects resources are pulled together to delivered milestones by milestones especially milestones on the critical path? Can projects come more on stream if there is more focus on milestones management rather than the level of energy being placed on project management?

The proposed methodology for milestone management:

  1. Just as you appoint a project manager, allocate milestones to specific members of the project team and designate them as Milestone Leaders.
  2. Identify specific challenges relating to each milestone and what is to be done to unblock the issues. Hold the milestone leader responsible.
  3. Identify the related technical risks and non-technical risks. Put in place the mitigation plans and ensure they are well funded. Track action. Hold the milestone leader responsible.
  4. Identify the specific resources e.g. the contributions/actions expected of the different support teams (e.g. Finance, Contracting, and logistics).
  5. On monthly basis, celebrate success. Also, hold accountable the action parties for failures. Encourage learning and cascade across the project.


Can we begin to have new project teams made up of project managers and milestones leaders?

Working the methodology can be intriguing but it can lead:

  1. Faster decision making.
  2. More quality information being made available.
  3. Opportunity to start glooming milestones leaders with the soft skills, experience, social perceptiveness and behavior flexibility necessary to operate at the level of the project manager.


The goal is to get projects early on stream and developing the next generation of project managers.

Caring for the trees rather than just the forest.

For more insights on finance and strategy operations, click this link for a free e-book.

Just some thoughts.

This piece is contributed by:

Leesi Gabriel Gborogbosi

The author, Leesi Gabriel Gborogbosi, CEO of Gabriel Domale Consulting, is an expert in finance and strategy with emphasis on finance transformation, project finance, strategy implementation, performance management, corporate governance, and collaboration.

Contact
Please contact us and let’s discuss how we can collaboratively create value.
 You can reach us at leesi.gborogbosi@gabrieldomale.com or +2348070322373

 To know more about me, please visit:

https://www.linkedin.com/in/leesigborogbosi/
www.gabrieldomale.com
Finance Leader and Strategy Consultant

Labels: