This is the second Industry Experts Talk session for MIT Global Startup Labs Sri Lanka, Batch 01. Scheduled to happen at LAHES – Corporate Campus from 1.30 pm today.
First Talk session took place at Stax Inc where Ruwindhu Peiris shared his words with the crowd. Pictures or it didn’t happen right? Here you go.
Keep an eye.
Photo Album: here.
See you all soon.
Okay then. We are done for today. Dr. Madhu Fernando concludes. We’ll catch you all soon. Thanks for tuning in with our Live Blog.
Dr. Madhu seems to be concluding her this session.
You all can connect with her via Twitter on ‘@drmadhufernando’ and via Facebook to.
If we can do all the stuff we talked today about, you can achieve your goal no matter what.
1. add Work breakdown structure.
2. recognize your Risks, response and plan.
In a team project, everyone should be aware of their roles and responsibility. And that person should be accountable for that particular task.
And that activity is done.
Ever risk should have an response. If it is a legal issue, we should be aware of that.
Madu asks the crowd to list down the solutions as well while they are writing down the risks.
Everyone working on listing down their risks.
A group task is next. Participants will come up with a list of risks which can impact on any project.
Rather than introducing new technology, stick with the existing technology to acquire new users, to avoid risks. – Madhu
After sometimes we figure out that our Project is a no go. Anytime a project can fail.
Be prepared for the worst possible thing to happen to you. – Madhu
Complete your work. Nothing less, nothing more.
Scope Time, Resources and Cost based on your experience.
We are back.
Project Management and Balancing it is.
We are about to break for a small tea break. And once we get back, Dr. Madhu will be talking about Balancing Time and Cost.
Once you are doing something good, you probably are going to get competition. That is where being unique matters. – Madhu
Now we are in a big blue deep sea. Get a sailor boat. Discover your boundaries. Your limits are boundary-less. – Madhu
Madhu presenting her presentation. A while back.
Madhu shares some Time saving tips.
Madhu says, despite her busy schedules, she always have enough spare time. That is because she has learnt to prioritize her activities.
How to save time? at the same time we have to manage cost.
Dr. Madhu asks the crowd to write their usual Monday routine. Including everything.
Madhu showing a small template to scope the info out.
Amber helping out peeps here.
After scoping it all out, participants will add these to their smart-sheets.
We are going to stop this for a while, meanwhile teams will scope their requirements out. Identifying the work they have to do. recognizing the ones who have influence and interest over them.
Dr. Madhu will help them to sort this out.
Dont do extras trying to make your customers happy. you might get on their edges. – Madhu
Start to the end, define your boundaries and scope them out.
Dr. Madhu takes an example from the crowd, where someone is working on a project, defining the boundaries, identifying parties who will influence and interest you.
Stakeholders are the people who will have interest and influence you. these people are the people you should know. Know your boundaries.
This is Madhu’s clear path to guide execution.
Anytime we do a project, it is unique. it should be. To make these temporary projects unique, it should meet some specific requirements.
Set to achieve one or more goals.
In GSL path, we are in stage 2. where you all should have a plan and have to come up with a prototype so that you can present that to your investor. – Madhu
Above mentioned entries are not even worth a penny if the latter point, ‘communication and team work’ doesn’t go well. – Madhu
We should have a clear path, so that we can do multiple projects at once.
Managing risks. what if something goes wrong? have a backup plan.
This is how Project based strategies work.
How do you do a project with out a plan?
In detail, you have to think about the risk. Work as a team, take responsibilities.
Dr. Madhu Fernando will be speaking today to the crowd.
We are Live from LAHES Corporate Campus.