If your organization is suffering from a plague of projects, stopping a few of them only fixes the symptoms of the plague. Your first step should be to change the way projects are started. One of the best tips is to make sure all projects are launched with a kill switch of some kind—that is, tangible metrics and milestones defining when the project should be out on probation and ultimately shut down. Reframing projects as time-limited experiments can also help, so the default decision is to stop the project. Also, being clear on the overall goals of the business can help determine whether a proposed project is off strategy before it starts.
Source: “Kill Your Darlings”
Original Publication: The Conference Board Review
Subjects: Management, Project Management