PREVENTING BUDGET AND TIMELINE BLOWOUTS

EPISODE 26

Budget and timeline blowouts are a reality for any creative business at one time or another.

But they shouldn’t be the norm.

I think the main reason they happen is because the stakeholders involved didn’t have realistic expectations in the first place.

In this episode of The C Word Podcast, I share my key tips for stopping or minimising budget and timeline blowouts:

✨Detailed scope
– Be clear on the deliverables and what is and isn’t included

✨Clear process
– Ensure everyone understands the full extent of what’s involved

✨Step out every stage in detail
– If it’s too broad you’ll overlook stages that take time

✨Agree the timelines
– Don’t be tempted to truncate or shorten timeframes and be realistic about how long things take

✨Lock it in
– Set aside meetings and time to do the work up front

✨Enough time for review, feedback and revisions
– Be clear on when the client will get work for review and when they need to respond with feedback

✨Communicate well and often with your client
– Give regular updates
– Let them know straightaway if something is out of scope or if there are potential delays

✨Penalties for delays
– This can be a good motivator to keep your client on track
– Give the client plenty of warning and make it clear up front, the relationship is important

✨Hold yourself accountable
– Stick to the timeline
– Keep your energy up to maintain the momentum

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