In the process of enterprise informatization and digital transformation, various types of IT projects are required. Some project leads may think that since the contract is signed, if the delivery is unsatisfactory, they can simply execute the contract, withhold the final payment, or even claim compensation, believing there will be no loss.

However, in reality, in the competitive market, delays in project delivery, or even failure to deliver, cannot be simply compensated by withholding contract payments or claiming compensation.

Time is the most valuable resource. The business world is like a battlefield; being one step ahead means staying ahead, while being one step behind means lagging behind. Delayed or failed project delivery equates to falling behind competitors. Whether starting over or increasing investment to catch up, it cannot compensate for the competitive disadvantage.

Therefore, as the project lead, after confirming the supplier and starting the project construction, it is essential to proactively follow up on the project progress, anticipate and eliminate project risks, and study and resolve project obstacles, thereby pushing the supplier forward rather than being driven by the supplier.

The most crucial management approach is to assign dedicated personnel with specific responsibilities.

However, most project leads, especially small and medium-sized enterprises (SMEs), do not have the conditions to assign dedicated personnel with specific responsibilities. Therefore, an experienced IT consulting services company that understands the practical implementation of information technology and can take on the role of project construction, such as our company, CrossWise InfoTech Limited, should be a consideration for project leads.

* Article photo is shot by CrossWise.