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An executive has administrative or
supervisory authority in an organization. That authority is used
in a number of ways on projects. An executive is typically
responsible for the
Business Case of a project, which is used to
determine whether the project should even be started. Once the
project is approved they can impact the success of your project
in four key areas.
1. Sponsorship and Funding
1. Sponsorship and Funding
Every project within a company
starts with an idea. It’s hard for that idea to go much further
without backing from the right person and some money to make it
happen. An executive can provide the sponsorship and funding
your project needs to get off the ground. They are responsible
for signing off on the project charter, which describes the
project, gives you the authority to manage and, most
importantly, allocates the necessary funds to keep it alive.
2. Escalations and Resolution
2. Escalations and Resolution
The second role an executive plays
in your projects is to be the go-to person when unresolved
problems surface. An executive needs to be on the escalation
path, and more importantly on the resolution path of your
projects. There are going to be times when others are
unresponsive to the project’s needs, or in a dispute about the
best direction to take. An executive can use his position to
break through these bottlenecks. Here’s a hint: shorten the
escalation process as much as possible. Rather than go through a
gradual escalation of layer after layer of management, take it
to the highest level of management and get it resolved in a
fraction of the time.
3. Monitor Projects
Executives sponsor and fund
projects. They should also be interested in how the project
progresses. They should be interested in ore than when the
project starts and when it finishes. They should monitor the
project. This includes reading and understanding status report,
approving major deliverables and being involved in gate reviews.
Of course, the projects that are of interest will vary based on
the level of the executive. Senior managers should monitor the
larger and more strategic projects. Middle managers monitor more
tactical projects.
4. Coach Project Managers
Let’s face it: despite the
stereotype, most executives are talented, skilled, and
experienced people. Tap into their knowledge. You’re going to
run into rough patches on your projects from time to time or
will need to make decisions when answers are not so obvious. Sit
down with a respected executive and bounce some ideas off of
them. At the very least, they may validate that you are on the
right path or give you the encouragement you need to keep going.
More often than not, they will provide you with a fresh
perspective to help make your project a success.
If you want to benefit from the
value an executive brings to project management, it’s up to you
as a project manager to optimize their role on your projects.
View them as another resource you need to bring your project to
closure. Who knows, with such a great track record of project
success, you may end up sitting in the corner office yourself!
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