Question

Briefly discuss four (4) ways the lessons-learned approach can benefit an organization. Be sure to include examples to support your response.

Answer 1

Lessons learned are capturing important lessons from the completed work in the past, it is the documented information that portrays both the positive and negative experience of a project. As the phrase says lessons learned shows the commitment of the team members, the manager, and the management of the organization as a whole. .It is the lessons of what to do and what not to do in  the future of the organization. Every project gives some kind of lesson to the team involved in it.

The four ways in which an organization benefits from lessons learned are

1. For every project, the project managers should organize lessons learned sessions with all the stakeholders. The analysis from all will be taken as recommendations for the future to make the project more successful. It is an effective way of learning from completed work.

2. The lessons learned are documented and it becomes the repository of experience for the organization. Future teams working on different projects will look forward to learn from the documents.

3. The organization will further strengthen its weak areas of knowledge through the documented lessons. The project managers will be given training in the area they lay behind. The necessary action for perfection will be taken by the organization.

4. Data collection becomes the key tool for any future reference for the organization. Any identified lesson will be stored as data. This data will always be a source of knowledge for learning.

5. Value and experience based learning is motivated through lessons learned approach in organizations.