Crisis management and project management are closely interrelated and often they go hand in hand.
Natural and man-made disasters often result in a crisis, and initiating projects is often a key step of the solution.
In fact, some project managers also believe that they deal with a new crisis every day.
Both crisis management and project management typically require a specific set of resources to address the associated challenges. A crisis can come in many shapes and forms and no organization is immune.
How well an organization responds to a crisis situation can often depend on their project management capability.
Keys to managing a crisis
Identifying the scope, resource allocation and leadership are the key ingredients to effective execution of crisis management and also project management.
A crisis control manager, just like a project manager, must be prepared to react and adapt to changes and also to evolve as problems emerge and as the scope changes.
In a business crisis, the allocation of resources to the highest priority is fundamental, just as it is in project management.
What are the worst decisions in a crisis?
In most crisis situations, the worst decision is no decision and the second-worst decision is a late one. This is fundamental to successful project management, which is typically underpinned by effective and timely decision-making.
A project and a crisis both require a chain of command. They both require stance reporting, and they both require a highly engaged and connected team.