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How to Manage Client Expectations throughout a Project

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As any project manager knows, as a project progresses, the client asks more questions about the status, expected benefits, and budget. Managing what your clients expect and actually delivering a project that matches up with what they want/need is a very difficult task. Often times, as a client’s budget increases, so do their expectations, and who can blame them. It is your job as the project manager to make sure that the project stays on budget, but that the client receives the value he was promised from the beginning.

 

If you aren’t careful, there can, and will be, a disconnect between the delivered value of the project and the perceived value from the client. Often times this is caused by a shift in project scope and in the end, the client sees something different than was originally planned and must now be assured that what he has in his hand was worth the money he paid for it.

 

A good way to do this is with regularly scheduled updates. If your client is constantly kept in the loop as to the status of their project, budget, and deliverables; there will be fewer questions once the project is completed and at the very minimum, you have documentation to cover all of the steps of the project.

 

Keeping your client assured and on board with the project is the best way to manage their expectations when it comes to the project.

 

General Liability Insurance

What Is General Liability Insurance? Commercial General Liability Insurance protects small-business owners from claims of injury, property damage, and negligence related to their business activities.

Workers’ Compensation

What Is Workers’ Compensation Insurance? Workers’ compensation insurance covers your employees’ medical expenses and at least some portion of their lost wages if they are injured on the job.

Business Owners Policy

What Is a Business Owners Policy? A BOP is simply bundled insurance designed to provide essential coverage to certain business owners at a competitive price. A BOP insurance coverage includes

Professional Liability Insurance

Professional liability insurance also called , errors and omissions insurance (E&O; insurance), protects you if a client claims that your services caused them to suffer a financial loss. While general liability insurance is primarily focused on property damage or bodily injury,

Disability Benefits Insurance

Employers in New York State are obligated to offer disability benefits insurance to their employees. This coverage is specifically designed to provide financial assistance in the event of off-the-job injuries or illnesses.



Business Umbrella Insurance

Without Business Umbrella Insurance (also sometimes called Umbrella Liability Insurance or Excess Liability Insurance ), you would have to pay the uncovered expenses out-of-pocket. Even if you carry General Liability Insurance for your business, without business umbrellainsurance you might face a repair, settlement, or judgment in excess of your coverage limit.

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