Sponsorship And Chartering Are Keys To Project Success

Sponsorship And Chartering Are Keys To Project SuccessSponsorship And Chartering Are Keys To Project SuccessAuthor: Tony JacowskiFor such implementation, it becomes necessary for the project to start on the strong footing of well-thought out charter that covers all the problem areas of the organization - and an equally solid project sponsorship. These two components are necessary to ensure the health of the project and achieve quality results. Sponsorship Scenarios Consider the example of an initiative undertaken by an accounts department director to improve collections and account retention. In this case, the Six Sigma team studies and finds out that customer follow up and retention responsibility needs 40% support of the sales team for the success of the project. However, if the sales team is reluctant to accept this and the director does not have authority of these departments, then the project may be stalled. If the support on this project is received from a higher level, the project stands a good chance at succeeding because of the support and improvements in the sales department as well. Project sponsorship is very important at the right level.

Sponsorship And Chartering Are Keys To Project SuccessThe success of the project depends on the project sponsors, sincere and honest efforts, and interest in solving the problem. It has to be rightly communicated to all levels involved in the project.

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