Background summary for the it project failure issue
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Background Summary for the IT Project Failure Issue. Created by: Venkat Sattuluri. Trade Press. The biggest reason for project failure is lack of IT governance The IT initiatives are usually implemented only in the IT departments.

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Trade press
Trade Press

The biggest reason for project failure is lack of IT governance

The IT initiatives are usually implemented only in the IT departments.

There is a lack of communication between the IT and the non IT departments.

Lack of technology awareness among the top management

Trade press1
Trade Press

  • CIO magazine cites requirement gathering as the main reason for project failure

  • As many as 71 percent of the software projects fail because of problems with requirement gathering

  • It is the responsibility of the IT department to decode the business requirements

  • Remedial measures

    • stripping down the scope of the project,

    • reducing the number of stakeholders

    • IT has to take a leadership role in the requirement gathering process

Trade press2
Trade Press

Critical Chain and Risk Management

risk management is the most important factor in the success of a project

that risk management should be the primary activity in a project

Standish group’s CHAOS report first published in 1994

only 16 percent of the IT projects were successful in 1994

Vendor consultant whitepapers
Vendor/Consultant Whitepapers

  • Change in Organizations: It’s Management’s Responsibility’

    • Change management is very important in enterprise software deployments

    • They place the median success rate close to the Standish Group’s CHAOS report

Vendor consultant whitepapers1
Vendor/Consultant Whitepapers

  • Project Pathology: Causes, patterns and symptoms of project failure’

    • over 20 years experience of looking at failed or failing projects

    • there are a common set of circumstances related to a project failure

    • most important reason for failure of projects is a lack of project management skills

    • time, budget and functionality criteria as internal criteria

    • benefits of the project as the external criteria

Academic coursework
Academic Coursework

  • Project Management

    • covered the basic concepts and methodologies in project management

    • concepts from this class are the minimum requirements for a project manager

  • Systems Analysis and Design

    • Business area analysis

    • Context diagram

    • Developing a visual prototype

    • Documenting information flow

    • Documenting process flow