10 Sound Strategies (And Statistic) for Scaling Digital Projects

The world has changed. Why is this happening? Smartsheet transforms your work.

It is not surprising that the pandemic caused major changes in our work practices and where we focus. Digital transformation was no longer a goal, but a reality.
This has led to an increase in demand for content that supports digital activities. Digital project managers must focus on strategies that increase efficiency and keep everyone on the right page to keep up with workflow requirements and avoid scope creep.
Brandfolder is a rapidly-growing B2B technology company. I have seen firsthand how quickly this change is occurring and how eager companies are to jump in to areas they weren’t ready to go.
So, I decided to compile a list of digital strategies that I have found most effective in scaling and adapting quickly to change, so others can benefit from them. I have compiled the top 10 and included some helpful stats below about how businesses adapt to digital projects at a higher scale.
This article explains.
Design A Digital-First Strategy
Write a precise project scope statement
Assess the Growth of Budgets and Teams
Early detection and mitigation of risk
Collaboration is key to speed
Invest In Cloud Technologies
Create A Technology Ecosystem
Establish project management methods
Forcing the Change Request Process
Keep customer experience top of mind
Companies across the board invest in digital transformation
The rapid digital transformation of today has increased the budgets and volume dedicated to digital projects, particularly as COVID-related factors made everything possible online. Gartner’s 2021 CEO Survey revealed that digital project managers have a significant seat at the table, as companies made more investments in digital business capabilities.
It’s a significant jump. The market for digital transformation is expected to grow by 23% annually in 2019 and reach $3.3 Billion by 2025. Only 9% of the budget cuts that companies have to make as a result COVID-19 are due to digital transformation initiatives.
How can we manage such significant growth? It is important to be purposeful in your approach. Here are some tips to help you stay on track in an ever-changing world.
1. Design A Digital-First Strategy
89% of companies have adopted a digital-first strategy for business or are currently working on it.
Source: IDG. Companies must now heavily rely on digital strategies in order to achieve their overall business goals. Marketing, IT, and engineering are all well-known. But what about HR, field operations, and sales? Absolutely. Digital technology is used in almost every department of any organization around the globe.
Digital-first strategies encompass everything, from how top executives communicate with bottom employees to how they interact with consumers and prospects. Digital assets and avenues are no more optional or afterthoughts. They are essential to building and maintaining a growing company and must be considered at the forefront of any project.
2. Write a precise project scope statement
49% of projects are pushed beyond their original scope.
(Source: PMI). Scope creep can cause delays or derailment in projects and waste valuable resources both in time, and money. You can reduce the risk by clearly stating the project details and assigning roles to team members at the beginning of the project. To provide clear direction, ensure that projects are aligned with business goals.
The devil is often in the details when it comes to scopes. It takes understanding of what is coming and transparency in communicating expectations to each stakeholder and member. When