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Need to deploy project monitoring tools, such as; Earned Value Management, Employee Performance appraisals, PERT, Critical Path analysis, and others.
You need to plan ,, and put effort ,, prepare for the worst ,, have plan A,B,C...........etc.
After applying PERT, EVM, WBS focusing on scope, cost, schedule, quality and, stay below budget and a head of schedule.
You need to plan and set up a proper project monitoring and measuring system with regular reporting
When scope, schedule and budget goes out of control.
In my opinion, the following conditions may forecast EWS of project going red: 1. No stakeholder involvement and active participation 2. Team members lack requisite knowledge and/or skills and weak commitment 3. Lack of documented requirements and success criteria 4. No change control process in place 5. Ineffective schedule planning and communication 6. Often accruing resource allocation conflict 7. Not properly defined business case for the project and top management commitment When we see these conditions, and address them, we may successfully close the project to the best satisfaction of the stakeholders.
