Sunday, May 25, 2025

Top 5 Questions to Ask When Starting a New Project

 Referred Linkhttps://www.linkedin.com/posts/shraddha-sahu-5b99b8142_top-5-questions-i-ask-when-starting-a-new-activity-7331986299467309056-4BAq



➤ 1️⃣ What is the core objective of the project?
→ Clearly define the purpose to align stakeholders and set measurable goals.

Example:
Deploy a 5G network in urban areas to boost mobile data speeds and support IoT, targeting a 20% increase in customer satisfaction within 12 months.

➤ 2️⃣ Who are the key stakeholders, and what are their expectations?
→ Identify all parties involved to address diverse needs and improve collaboration.

Example:
- Internal: Network engineers, IT, sales, marketing - focus on performance and scalability.
- External: Regulators, vendors, end-users - focus on compliance, compatibility, and experience.

➤ 3️⃣ What is the project’s scope, and what are its boundaries?
→ Prevent scope creep by clearly outlining inclusions and exclusions.

Example:
Upgrade metropolitan core infrastructure within 6 months. Excludes rural deployment and end-user device updates (planned for future phases).

➤ 4️⃣ What resources are required, and are they available?
→ Ensure feasibility by evaluating personnel, technology, and budget.

Example:
- People: Skilled network engineers, project leads.
- Tech: Compatible hardware upgrades.
- Budget: $10M including contingency.

➤ 5️⃣ What are the potential risks, and how can they be mitigated?
→ Plan proactively with mitigation strategies for stability.

Example:
- Risks: Supply delays, regulatory shifts, system integration issues.
- Mitigation: Multi-vendor sourcing, early regulatory engagement, pre-deployment testing.


Tags:

#ProjectManagement, #ProductManagement, #Leadership,

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