Choosing the right project management framework for your startup is vital, as traditional corporate project management practices could hinder innovative early-stage startup projects.
However, this couldn’t be further removed from the reality of startup projects:
Second, startups have few resources, so wasting any could be deadly. Wasting 4 hours of the time of the founders could be equivalent to wasting 50% of the productivity of the organization for the given day in theThe communication flow needs to be efficient. Video and in-person meetings should be reserved for high-level strategic discussions, and they should be backed by validation and traction data.
At the same time, top-level overview meetings are more essential for startups than for corporations, as an early-stage startup needs to go through multiple iterations and even pivots. Getting bogged down in the day-to-day operational details could prevent you to see clearly the long-term course of the project, which needs to be carefully navigated.
And last but certainly not least, the project management practices need to be agile. The team needs to be able to discard tasks, ideas, and even projects fast once there is negative feedback from the market. Moreover, because of the lack of resources, the team needs to be able to prioritize clearly and efficiently. It’s OK if 80% of the “good to have” things get ignored if 100% of the critical tasks are done as well as possible.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Very Best Makeup From the NYFW Spring/Summer 2022 RunwaysThis season, designers are leaning into the joy of being outside again. From pops of color smudged across eyelids to illuminated skin and rosy cheeks, the runways are alive with makeup looks from the best brands and MUAs in the business. Ahead, the biggest makeup trends from the Spring/Summer 2022 runways that will get you back in your facebeat groove.
Read more »
The Best Celebrity Clapbacks of 2021Zoe Kravitz hits back after being criticized for THIS “practically naked” Met Gala dress (via toofab)
Read more »
Emmy Awards 2021: See What The Best-Dressed Celebrities Wore On The Red CarpetTV's biggest stars from hit shows like 'The Crown, 'Ted Lasso,' 'The Queen's Gambit' and many more brought drama and class to the carpet.
Read more »