How can I effectively manage sponsor expectations for my project?

How can I effectively manage sponsor expectations for my project?

Managing sponsor expectations involves clear communication, setting realistic goals, and regular updates. What specific challenges are you facing?

I think my sponsors have unrealistic timelines. How should I address this?

It's important to have an open discussion with your sponsors. Present data on project timelines and explain the reasons for any delays.

What if they still insist on their timelines?

If they insist, you may need to negotiate by highlighting the risks of rushing the project and propose a compromise.

Can you suggest ways to keep them updated?

Regular status reports, scheduled meetings, and using project management tools can help keep sponsors informed and engaged.