affect risk-management strategies, says
Pablo Rojas, PMP, project director for the
San Jose, Costa Rica office of global
information systems company Unisys.
“Technology risks are higher when you
are in a cutting-edge project,” he says.
And it often takes a bigger budget
and more advanced project team to
handle project challenges with speed
and secrecy. But with great risk comes
great reward—sometimes.
“When you enter in a new technology
niche you have the opportunity to create
a new market or be the leading edge in
that area,” Mr. Rojas says.
And although being first can deliver
a powerful competitive advantage,
coming in second gives project teams a
chance to scope out the market reaction. That data can then be factored
into their own project decision-making
criteria. It’s a piece of competitive intelligence that may cause a team to alter
their project goals—or reinforce that
they’re on the right path.
Lui Sieh, PMP, sees every rival’s
project as an opportunity to pick up
competitive intelligence. “I look at our
competitors’ projects as a way to learn
more about how other companies look
at solving similar business issues
through a project approach,” says Mr.
Sieh, IT director for British American
Tobacco’s Taipei, Taiwan branch. “In
very large projects especially, we
research other companies to learn from
them how they’ve approached similar
large-scale projects.”
And sometimes the competition can
raise the bar on your own projects, says
Damon Larkin, senior category marketing manager for cleanroom apparel
at Kimberly-Clark Professional, Roswell,
Georgia, USA. Mr. Larkin’s team creates gloves, masks and sterile suits worn
by workers inside high-tech, pharmaceutical, medical device and biotechnology manufacturing environments to
prevent any contamination.
“Cleanroom apparel is a competitive
industry,” he says. “If I come out with a
product that the competition has
already delivered, the only way I can
compete is on price.”
That’s not a good place to be in—
especially with the universal push to cut
costs.
Instead, Mr. Larkin would rather
wait, spend time with his core audience
and respond to their needs with a product that adds more value. “If I can make
a product that solves problems, avoids
reworks or helps our customers to be
more efficient, that’s a better value
regardless of when it comes to market,
even if it has a higher price,” he explains.
Before launching a recent project to
develop a new cleanroom garment, Mr.
Larkin’s team devoted hundreds of
hours to interviewing and observing
cleanroom workers. Along the way, the
team also made an important discovery
watching the workers struggle with
cleanroom garments.
“It was the kind of consensus where
the team members look at each other and
realize we can address that issue,” he says.
The team added snaps in the sleeves
and legs that hold the garment up as the
worker steps into them.
Kimberly-Clark wasn’t the first to
market with a cleanroom garment, but
it was able to set itself apart from the
pack by adding an element its rivals
hadn’t. The new garment was released
in late 2008, and Mr. Larkin says early
When you
enter in a new
technology niche
you have the
opportunity to
create a new
market or be the
leading edge in
that area.
—PABLO ROJAS, PMP, UNISYS, SAN JOSE,
COSTA RICA