Be prepared for the unexpected with the following buffers.
You can not truly anticipate or prepare for every possible scenario, but stressing over the worst-case scenario will also not help. Instead, plan your project schedule in a manner that proactively counters possible risks and reduces the friction caused by the unexpected.
- Use extreme preparation.
Invest a little extra time and energy to thoroughly prepare for any project that comes your way. Plan out a calendar for the next few months so you know when you need to start working on each task; plus, you will be able to plan around important events.
- Add 50% to your time estimate.
For example, if you think you’ll be able to finish a task in an hour, you will probably finish it in about an hour and a half.
- Ask yourself these five questions:
- What risks do you face on this project?
- What is the worst-case scenario?
- What would the social effects of this be?
- What would the financial impact of this be?
- How can you invest to reduce risks or strengthen financial or social resilience?
Your answer to the fifth question will be the changes you need to make regarding your project.
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