{"id":471,"date":"2021-05-04T12:00:00","date_gmt":"2021-05-04T19:00:00","guid":{"rendered":"https:\/\/www.wanhow.com\/projectmanagercoach\/?p=471"},"modified":"2021-05-03T14:32:41","modified_gmt":"2021-05-03T21:32:41","slug":"do-you-have-the-right-sponsor","status":"publish","type":"post","link":"https:\/\/www.wanhow.com\/projectmanagercoach\/do-you-have-the-right-sponsor\/","title":{"rendered":"Do You have the Right Sponsor?"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"683\" height=\"512\" src=\"https:\/\/www.wanhow.com\/projectmanagercoach\/wp-content\/uploads\/2021\/05\/arm-wrestle.jpg\" alt=\"\" class=\"wp-image-472\" srcset=\"https:\/\/www.wanhow.com\/projectmanagercoach\/wp-content\/uploads\/2021\/05\/arm-wrestle.jpg 683w, https:\/\/www.wanhow.com\/projectmanagercoach\/wp-content\/uploads\/2021\/05\/arm-wrestle-300x225.jpg 300w\" sizes=\"(max-width: 683px) 100vw, 683px\" \/><\/figure>\n\n\n\n<p>Ask a random person on the street who a sponsor is and you\u2019ll probably hear something like, \u201cSomeone who provides financial support for a cause.\u201d After all, most of us have been asked to donate to sponsor someone to raise money for a charity. In the case of project management, the sponsor is typically the budget holder who provides financial support for a cause&#8211;the cause being the project deliverable.<\/p>\n\n\n\n<p>Years ago, I was reporting to the CFO and leading an IT project. Although the CFO owned the budget, I just couldn\u2019t get the project off the ground. Most of the people required to work on the project reported up to another VP and try as I might, I just couldn\u2019t get them to meet with me.<\/p>\n\n\n\n<p>So what did I do? I called for a meeting with the VP and CFO to explain the situation. They wanted to co-sponsor the project but I explained that it wasn\u2019t best practice and will run into other problems. After a bit of a friendly verbal arm wrestle, it was agreed that the other VP will be the sponsor.<\/p>\n\n\n\n<p>Immediately after that was announced, I had no problem getting the project off the ground. All the people I sent meeting requests to set aside time to meet with me. They were all super busy but nevertheless made time. The project went from a standstill to cruising on the highway and was successfully delivered.<\/p>\n\n\n\n<p>Do you have a problem with project resources? If so, consider if you have the right sponsor and whether changing the sponsor will resolve the bottleneck.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ask a random person on the street who a sponsor is and you\u2019ll probably hear something like, \u201cSomeone who provides financial support for a cause.\u201d After all, most of us have been asked to donate to sponsor someone to raise money for a charity. In the case of project management, the sponsor is typically the &#8230; <a title=\"Do You have the Right Sponsor?\" class=\"read-more\" href=\"https:\/\/www.wanhow.com\/projectmanagercoach\/do-you-have-the-right-sponsor\/\" aria-label=\"More on Do You have the Right Sponsor?\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Do You have the Right Sponsor? | Project Manager Coach<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wanhow.com\/projectmanagercoach\/do-you-have-the-right-sponsor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Do You have the Right Sponsor?\" \/>\n<meta property=\"og:description\" content=\"Ask a random person on the street who a sponsor is and you\u2019ll probably hear something like, \u201cSomeone who provides financial support for a cause.\u201d After all, most of us have been asked to donate to sponsor someone to raise money for a charity. In the case of project management, the sponsor is typically the ... 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