Coping with the Recession: A Project Manager's Survival Guide

  • by Davin Wilfrid, Former Contributing Editor, SAP Experts
  • October 14, 2009
Management
Recessions pose several risks that can harm your SAP project. Fortunately there are steps you can take to mitigate these risks and protect your project, even in today's economy.

The economy is famously susceptible to the domino effect. The housing bubble bursts, which in turn ruins certain financial instruments and endangers the ability of major banks to loan money. Unable to borrow, some big companies topple, damaging their clients, suppliers, and creditors.

Even the surviving companies feel the pain of a recession. Budgets shrink as "unnecessary" business expenses are eliminated. That reality has left many SAP project managers struggling to cope with the risks associated with a recession.

Fortunately, says Deloitte Consulting Principal Ian Wright, project managers can survive — and even thrive — during a recession. He offers several tips for SAP project managers to consider as they make the most of a bad economy.

Davin Wilfrid

Davin Wilfrid was a writer and editor for SAPinsider and SAP Experts. He contributed case studies and research projects aimed at helping the SAP ecosystem get the most out of their existing technology investments.

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