The following is adapted from The Irreverent Guide to Project Management.
Problems are inevitable in every project. Something is going to make you slow down, miss deadlines, shift gears, change the scope of the project, or spend more money than you expected. The trick is to solve these problems in a way that enables you to keep on time and on budget.
When these impediments arise, it’s best to inspect the problem, adapt, and respond to the changes, but the best way to do that is not always clear. At my firm, we’ve learned that when challenges arise, the best way to handle them is to tackle them with what I call the “Rule of 10.” Read on to learn how the rule works and how it can get you out of tricky spots in your projects.