
2007-12-17
With IT projects
consistently running late and over budget, it's time to look at what technology
leaders and project managers could do to step up their performances.
Mumbai, IndiaTechnology
projects bare a striking similarity to home renovations. Both are surrounded by
wildly high hopes at the start and often end up causing financial and emotional
heartache. There are some new numbers to back up the unfortunate reality that
many projects simply don't deliver as expected. 49 percent of organizations
have suffered from budget overruns on IT projects and 62 percent have
experienced schedule delays, according to a new report by Tata
Consultancy Services (TCS), an IT consulting firm based in Mumbai, India.
The study, which
surveyed 800 organizations in theUnited States, Europe and Asia, also found
that 47 percent of respondents have experienced higher-than-expected
maintenance costs and 41 percent said IT projects failed to deliver the expected
business value and
ROI.
In short, IT
projects are a chronic disappointment.
It's hardly news
that technology projects are rarely on time and within budget, but the question
remains: what more can be done? We thought it was worth taking a look at why
projects are so likely to fall behind and where IT leaders and project managers
could improve their performance—and therefore the likelihood of successfully
completing a project with minimal cost and schedule delays.
Baseline created
the list below with the help of Kent Crawford, CEO of PM Solutions, a
project-management consulting firm based in Havertown. PA,
Bob Laliberte, an analyst with Milford, Mass.-based Enterprise
Strategy Research
1. Get
your head out of the software
Most project
managers spend too much time in their project-planning applications and not
enough time doing the briefing and communicating for which they are solely
responsible. You should be spending the bulk of your time talking to and
corresponding with project constituents – your team, the stakeholders, vendors,
consultants and key end-users. The "soft" skill of communication is
integral to project success.
2. Plan
and define as much as possible—but don't go overboard
A key component of
project management is the thorough and meticulous planning of every aspect of a
project, but a perfectionist could spend all his or her time in the planning
stage. There's no way to anticipate every variable so at some point, you have
to pull the trigger.
Project managers
are increasingly using rapid project deployments and iterative models that have
been successful in the software development world. These models are based on
the principle that in some ways it's better to start the project and see what
you're up against.
3. Manage
scope creep—for real
Like a turkey on
Thanksgiving, you can rely on the fact that the project you think you're
heading for may bare only a passing resemblance to the one you end up with.
With the increasing complexity of data centers and the Pandora's box of surprises once you
get under the hood, it's advisable to game out and document the potential
sources of scope creep. For instance, the team may want to take a different
approach than planned, management may want to change, add or expand the
deliverables or you may uncover a technical aspect you didn't know existed.
4. Don't
be lazy with risk management
If you need 200
servers delivered at the same time for a worldwide mail server upgrade, it's
not enough to know what the risk is if the vendor doesn't deliver. It's time to
manage the risk by deciding ahead of time that, as reliable as your vendor has
been in the past, there's little margin for error. Going with two or three
vendors might be more complicated but in the end, it may save your project if
only 20 severs aren't delivered on time instead of 200.
5. Get a
grip on expectations
Ask vendors and
consultants for the best, most likely and worst-case scenarios and then use
your own resources to calculate the aggregated risk so you can determine the
probable outcome.
There are risk management software
applications that can
help you do the job. There's no way to guarantee that a project won't be
delayed or go over budget, but taking off the rose-colored glasses will reduce
the likelihood of extreme variances.
6. Govern
with strength
Even with all the
good work you did up front, problems and roadblocks will surely arise. Don't
blow it when it comes to actually addressing the problems. To the degree you
can, refer to the approaches you documented and discussed with your team. If
planned properly, your team should be able to tackle the problems early on
before they become major hindrances.
Depending on the
event, governance may include gaining approval from management to sign off on
project changes that effect the project budget or time frame beyond a certain
point. For example, if changing direction means the project will cost 10percent
more and take 10percent longer, it may be time to bring senior stakeholders
into the loop.
7. Prepare
for intervention
If your approaches
are better in theory than in practice, it might be time to intervene with the
project plan. Create an intervention plan before the project starts and
communicate the plan to everyone directly and indirectly involved. The plan may
include steps to take when adding resources, for assessing project-management
practices and even changing the project leader.
8. Drive
behavior to use the technology
Whatever you do,
don't rest on your laurels when the technical aspects of the project are
completed. Creating a plan to ensure that people actually use the technology you just
spent 18 months implementing will serve you well. If you and your organization
want to see your expected return on investment, make sure you have a hand in
educating and training users.

Did you know that according to kitchen furniture?
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Posted by: Keesexefe | November 05, 2008 at 05:33 AM