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Cornerstone tool for Project Managers
Lessons learned are documented information that reflects both the positive and negative experiences of a project. They represent the organization’s commitment to project management excellence and the project manager’s opportunity to learn from the actual experiences of others. Any project that ends successfully or unsuccessfully brings experience to the project manager.
In the closing process, the product is delivered to the customer. Thus, the most crucial goal of the project is fulfilled. On the other hand, archiving project records contributes to increasing the company’s knowledge. Lessons learned are indispensable for project archives.
Lessons learned have tremendous value for organizations; they help:
- Application of past knowledge to new projects;
- Don’t make the same mistake twice;
- Save money by not reinventing the wheel;
- Memorialize your success;
- Improve your project management maturity,
- Are a vital source of information to improve business processes and best practices;
- Provide feedback on project resources.
Many believe that recording lessons are merely an exercise to generate a document while closing the project. But that isn’t…