Why Projects Fail and How to Succeed

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Author :
Publisher : Independent Publisher
ISBN 13 : 9781792302213
Total Pages : 172 pages
Book Rating : 4.3/5 (22 download)

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Book Synopsis Why Projects Fail and How to Succeed by : Mark Anthony Hunt

Download or read book Why Projects Fail and How to Succeed written by Mark Anthony Hunt and published by Independent Publisher. This book was released on 2019-01-25 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Douglas Fain and Mark Hunt have a combined consulting experience in the field of project management of over 50 years working for four national governments and numerous corporations and government agencies. They have consulted on over $35 Billion in major projects in over 40 countries and have taught project management in graduate programs at Stevens Institute of Technology, Denver University, and Regis University as well as corporate settings in aerospace, telecommunications, manufacturing, and others. That experience facilitated the management of large, complex projects that were in the initiation stage or facing serious performance problems. They both agree that business can no longer afford the personal and financial costs of failed projects. Neither can organizations or their project teams afford the reputation for failure that so permeates the industry today. The opportunity costs of such failures is just too great for a society that has growing needs for its citizens. This book represents their findings regarding why projects tend to fail, and as true consultants, they have also included a clear and concise set of instructions of how to avoid those failures, how to do it right the first time. This book is mandatory reading for anyone working in the field of project management, especially project managers who struggle with the responsibility for the success of their projects.

Why Projects Fail

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Author :
Publisher : Uladzislau Shauchenka
ISBN 13 : 9780987724205
Total Pages : 114 pages
Book Rating : 4.7/5 (242 download)

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Book Synopsis Why Projects Fail by : Uladzislau Shauchenka

Download or read book Why Projects Fail written by Uladzislau Shauchenka and published by Uladzislau Shauchenka. This book was released on 2013-09-12 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Why Projects Fail" offers an informative, entertaining read that is guaranteed to increase your understanding what went wrong with the projects that failed. Was the project well conceived? Was the budgeting adequate? Did it fail because of circumstances that were impossible to anticipate, or were there simply gaps in the planning process? Learn in this informative, interesting read that will help you make sure your next project succeed. "Why Projects Fail" presents a balanced analysis of its subject, alternating stories of major corporate and government projects that failed, along with a breakdown of what went wrong. The illuminating stories come from a variety of industries, with a shocking list of familiar companies and organizations. What makes this book unique is the author's delightfully straightforward account of the specific ways that caused problems. The book is full of charts, graphs and pictures. Project management best practices to increase your success rateSuggestions and recommendations for avoiding common pitfallsCase studies and analysis of failed projects across all industriesLots of numbers, stats and data presented in an easy to digest wayQuotes from outstanding project management and business gurus Do you ever wonder why the projects keep failing without obvious reason? Would you like to learn why projects fail and how to avoid failure? "Why Projects Fail" book explains why some projects fail while the other succeed. The book explores statistics, analyses, case studies and lessons learned from known project failures, along with facts and arguments. It goes over the main causes of failed projects, which can include going over budget, poor planning, lack of communication and other reasons. Do you want to improve chances of your project to succeed? Would like to avoid most common project management pitfalls and causes of project failure? Would you like to avoid devastating results of failed projects: negative career impact, loss of money, time and resources for the company? "Why Projects Fail" is going to give you something that will completely change the way you're running your projects. "Why Projects Fail" will tremendously improve your project management processes and procedures so your project won't fail but succeed. It's crucial to be aware of potential pitfalls before the project starts and recognize when things might be going wrong during project execution so you can get it back on track. "Why Projects Fail": What is covered? Failure rate and main elements of project's failureList of failed project incl. year, company name, cost, outcomeReasons for project's failureFive case studies including NASA, FBI and Government of CanadaProper project management: communication, stakeholder, risk, resourcesHow to prevent project's failure

Why Startups Fail

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Author :
Publisher : Currency
ISBN 13 : 0593137027
Total Pages : 370 pages
Book Rating : 4.5/5 (931 download)

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Book Synopsis Why Startups Fail by : Tom Eisenmann

Download or read book Why Startups Fail written by Tom Eisenmann and published by Currency. This book was released on 2021-03-30 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you want your startup to succeed, you need to understand why startups fail. “Whether you’re a first-time founder or looking to bring innovation into a corporate environment, Why Startups Fail is essential reading.”—Eric Ries, founder and CEO, LTSE, and New York Times bestselling author of The Lean Startup and The Startup Way Why do startups fail? That question caught Harvard Business School professor Tom Eisenmann by surprise when he realized he couldn’t answer it. So he launched a multiyear research project to find out. In Why Startups Fail, Eisenmann reveals his findings: six distinct patterns that account for the vast majority of startup failures. • Bad Bedfellows. Startup success is thought to rest largely on the founder’s talents and instincts. But the wrong team, investors, or partners can sink a venture just as quickly. • False Starts. In following the oft-cited advice to “fail fast” and to “launch before you’re ready,” founders risk wasting time and capital on the wrong solutions. • False Promises. Success with early adopters can be misleading and give founders unwarranted confidence to expand. • Speed Traps. Despite the pressure to “get big fast,” hypergrowth can spell disaster for even the most promising ventures. • Help Wanted. Rapidly scaling startups need lots of capital and talent, but they can make mistakes that leave them suddenly in short supply of both. • Cascading Miracles. Silicon Valley exhorts entrepreneurs to dream big. But the bigger the vision, the more things that can go wrong. Drawing on fascinating stories of ventures that failed to fulfill their early promise—from a home-furnishings retailer to a concierge dog-walking service, from a dating app to the inventor of a sophisticated social robot, from a fashion brand to a startup deploying a vast network of charging stations for electric vehicles—Eisenmann offers frameworks for detecting when a venture is vulnerable to these patterns, along with a wealth of strategies and tactics for avoiding them. A must-read for founders at any stage of their entrepreneurial journey, Why Startups Fail is not merely a guide to preventing failure but also a roadmap charting the path to startup success.

Why Projects Fail

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Publisher :
ISBN 13 : 9781947843905
Total Pages : 0 pages
Book Rating : 4.8/5 (439 download)

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Book Synopsis Why Projects Fail by : Tony Martyr

Download or read book Why Projects Fail written by Tony Martyr and published by . This book was released on 2018-05-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some projects fail and many more disappoint; our news media often reports projects being over budget, or late, or failing to meet expectations; or all three. So what features of their specification, design, or management cause these failures? In this book, by using examples from around the world and the personal experience of 50 years of project engineering and management, both at the domestic and large industrial scale, the author leads the reader through the traps that await the unwary or inexperienced, whatever their role within a project team. While there is much here for full-time professional Project Managers, this is not a book written exclusively for them and the problems of domestic and community projects are also considered. Like all professions, project management has developed a whole range of esoteric processes, complex computerized tools and jargon that can make the role seem exclusive and unrelated to those who occasionally find themselves undertaking the role. The Author defines nine natural laws underlying the processes and common to projects of every size and type that, if broken or ignored, will lead to project failure; each law has its own chapter. The author makes no apology for mixing the industrial and domestic tasks of project management because these laws are fully scalable, from refurbishing your kitchen to building a factory in a foreign land. The full range of project management and site management tasks get a mention in this easy to read book, the use of which will certainly save you from wasting time and money, whatever your role in the wide project community.

THE SIX - why So Many Projects Fail, and how to Succeed

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Publisher :
ISBN 13 : 9788797249000
Total Pages : 190 pages
Book Rating : 4.2/5 (49 download)

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Book Synopsis THE SIX - why So Many Projects Fail, and how to Succeed by : Andreas Trautner

Download or read book THE SIX - why So Many Projects Fail, and how to Succeed written by Andreas Trautner and published by . This book was released on 2020-09-15 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do you see too many struggling and failed projects and programmes in your organization? The problem: they are being set up to fail. Learn what goes wrong, what not to do and how to succeed Projects do not fail - people fail. They simply fail to set their projects up to succeed. In other words, you better hire the right people - or get lucky! Projects fail because of deep, systemic errors in the way we think about and manage them. Project management is not about filling out templates - it is about people collaborating to win in the market. A project starts with a change idea, and many ways to fail. You must be able to manage the full project value chain to succeed. The challenge for many companies is, that we believe that everyone knows what a project is. That is not true. This is why so many projects fail. In project management, there are six basic elements that people must master - it all starts with the mindset! In this book, you will learn about the six basic elements that is paramount for succeeding with change initiatives, regardless of which framework, methodology or method you apply. Apply the SIX to succeed in winning with our projects! This unusual and highly captivating book starts with the author failing enormously with a change initiative (project & programme). This book is about the author's journey to investigate exactly why so many change initiatives fail, and how you can become a master craftsman in change initiative management. A change initiative starts with a change idea that is created within an organization when an issue, threat, or opportunity is identified. To implement a change idea, the organization must start a change initiative. A successful change initiative ensures that business continues and improves, the employees are happier, there is ideal use of funds and resources, and the customers are more satisfied. Unfortunately, a fair majority of them fail to deliver optimal results and many of them fail outright. This book encapsulates how people and organizations can become better at implementing their change ideas. The difference between a failed change initiative and one that meets its desired objectives can be described by six fundamental, universal and tightly interwoven elements as explained by The SIX(c) model. Here is a preview of this invaluable book, and what else you will discover: ● Understanding change initiatives and what drives them to succeed or fail ● What is the change initiatives value chain and how it fits into the larger picture ● Where do the systemic errors lay and how to better craft a plan of action ● The Mindset, attitude, skills and leadership abilities needed to deliver successful change initiatives ..... And much more! As a key bonus, you will get exclusive access to chapters on why change management initiatives fail and how you should pursue a successful maturity journey. As someone who has extensively delved into project and programme management, the author understands your specific concerns and has made the contents of this book as concise and simple to follow as possible for your convenience. It is a must-read for all who work in an organization. Whether you are the CEO, a change initiative leader or manager within your organization, you need to read and understand this book

Fail Better

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Author :
Publisher : Harvard Business Review Press
ISBN 13 : 1422193454
Total Pages : 336 pages
Book Rating : 4.4/5 (221 download)

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Book Synopsis Fail Better by : Anjali Sastry

Download or read book Fail Better written by Anjali Sastry and published by Harvard Business Review Press. This book was released on 2014-10-14 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you’re aiming to innovate, failure along the way is a given. But can you fail better? Whether you’re rolling out a new product from a city-view office or rolling up your sleeves to deliver a social service in the field, learning why and how to embrace failure can help you do better, faster. Smart leaders, entrepreneurs, and change agents design their innovation projects with a key idea in mind: ensure that every failure is maximally useful. In Fail Better, Anjali Sastry and Kara Penn show how to create the conditions, culture, and habits to systematically, ruthlessly, and quickly figure out what works, in three steps: 1. Launch every innovation project with the right groundwork 2. Build and refine ideas and products through iterative action 3. Identify and embed the learning Fail Better teaches you how to design your efforts to test the boundaries of your thinking, explore crucial interdependencies, and find the factors that can shift results from just acceptable to groundbreaking—or even world-changing. Practical instructions intertwined with compelling real-world examples show you how to: • Make predictions and map system relationships ahead of time so you can better assess results • Establish how much failure you can afford • Prioritize project activities for disconfirmation and iteration • Learn from every action step by collecting and examining the right data • Support efficient, productive habits to link action and reflection • Distill, share, and embed the lessons from every success and failure You may be a Fortune 500 manager, scrappy start-up innovator, social impact visionary, or simply leading your own small project. If you aim to break through without breaking the bank—or ruining your reputation—this book is for you.

Project Management for the Unofficial Project Manager (Updated and Revised Edition)

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Author :
Publisher : BenBella Books
ISBN 13 : 1637740506
Total Pages : 225 pages
Book Rating : 4.6/5 (377 download)

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Book Synopsis Project Management for the Unofficial Project Manager (Updated and Revised Edition) by : Kory Kogon

Download or read book Project Management for the Unofficial Project Manager (Updated and Revised Edition) written by Kory Kogon and published by BenBella Books. This book was released on 2024-01-16 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: No project management training? No problem! In today’s workplace, employees are routinely expected to coordinate and manage projects. Yet, chances are, you aren’t formally trained in managing projects—you’re an unofficial project manager. FranklinCovey experts Kory Kogon and Suzette Blakemore understand the importance of leadership in project completion and explain that people are crucial in the formula for success. This updated and revised edition of Project Management for the Unofficial Project Manager offers practical, real-world insights for effective project management and guides you through the essentials of the value, people, and project management process: Scope Plan Engage Track and Adapt Close If you’re struggling to ensure multiple projects are finished with high value and on time, this book is for you. If you manage projects without the benefit of a team, this book is also for you. Change the way you think about project management—"project manager" may not be your official title, but with the right strategies, you can excel in this project economy.

Collapse

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Publisher : Penguin UK
ISBN 13 : 0141976969
Total Pages : 608 pages
Book Rating : 4.1/5 (419 download)

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Book Synopsis Collapse by : Jared Diamond

Download or read book Collapse written by Jared Diamond and published by Penguin UK. This book was released on 2013-03-21 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the author of Guns, Germs and Steel, Jared Diamond's Collapse: How Societies Choose to Fail or Survive is a visionary study of the mysterious downfall of past civilizations. Now in a revised edition with a new afterword, Jared Diamond's Collapse uncovers the secret behind why some societies flourish, while others founder - and what this means for our future. What happened to the people who made the forlorn long-abandoned statues of Easter Island? What happened to the architects of the crumbling Maya pyramids? Will we go the same way, our skyscrapers one day standing derelict and overgrown like the temples at Angkor Wat? Bringing together new evidence from a startling range of sources and piecing together the myriad influences, from climate to culture, that make societies self-destruct, Jared Diamond's Collapse also shows how - unlike our ancestors - we can benefit from our knowledge of the past and learn to be survivors. 'A grand sweep from a master storyteller of the human race' - Daily Mail 'Riveting, superb, terrifying' - Observer 'Gripping ... the book fulfils its huge ambition, and Diamond is the only man who could have written it' - Economis 'This book shines like all Diamond's work' - Sunday Times

Leading Change

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Publisher : Harvard Business Press
ISBN 13 : 1422186431
Total Pages : 210 pages
Book Rating : 4.4/5 (221 download)

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Book Synopsis Leading Change by : John P. Kotter

Download or read book Leading Change written by John P. Kotter and published by Harvard Business Press. This book was released on 2012 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the ill-fated dot-com bubble to unprecedented merger and acquisition activity to scandal, greed, and, ultimately, recession -- we've learned that widespread and difficult change is no longer the exception. By outlining the process organizations have used to achieve transformational goals and by identifying where and how even top performers derail during the change process, Kotter provides a practical resource for leaders and managers charged with making change initiatives work.

Project Success

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Publisher : CRC Press
ISBN 13 : 1317074866
Total Pages : 324 pages
Book Rating : 4.3/5 (17 download)

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Book Synopsis Project Success by : Emanuel Camilleri

Download or read book Project Success written by Emanuel Camilleri and published by CRC Press. This book was released on 2016-04-08 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: The issue of what defines project success (or failure) is complex and often elusive, and dependent on the perceptions of different stakeholders. In this enlightening book Emanuel Camilleri examines the key factors bearing on perceived success or failure. This book is not just about project management, it goes much deeper into the topic of project success by prescribing a project success framework. In chapters dedicated to factors such as leadership, teams, communication, information management and risk management, the author shines a light on the key behaviours in which project managers and others engage and how those behaviours predict success or failure. Practising project managers, project board members and sponsors, struggling to manage conflicting stakeholder expectations, complexity and ambiguity, will learn which factors are vital to determining successful outcomes. Finally, having highlighted the particular skills, abilities and attributes identified by the research, Dr Camilleri offers a diagnostic model for assessing an organization's preparedness for undertaking and successfully managing major projects. Project Success provides a valuable contribution to the literature on this subject, and its application delivers practical guidance that will be welcomed by project professionals at all levels.

The symbiosis between information system project complexity and information system project success

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Author :
Publisher : AOSIS
ISBN 13 : 1928396259
Total Pages : 184 pages
Book Rating : 4.9/5 (283 download)

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Book Synopsis The symbiosis between information system project complexity and information system project success by : Carl Marnewick

Download or read book The symbiosis between information system project complexity and information system project success written by Carl Marnewick and published by AOSIS. This book was released on 2017-12-01 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Project success is widely covered, and the discourse on project complexity is proliferating. The purpose of this book is to merge and investigate the two concepts within the context of information system (IS) projects and understand the symbiosis between success and complexity in these projects. In this original and innovative research, exploratory modelling is employed to identify the aspects that constitute the success and complexity of projects based on the perceptions of IS project participants. This scholarly book aims at deepening the academic discourse on the relationship between the success and complexity of projects and to guide IS project managers towards improved project performance through the complexity lens. The research methodology stems from the realisation that the complexity of IS projects and its relationship to project success are under-documented. A post positivistic approach is applied in order to accommodate the subjective interpretation of IS-project participants through a quantitative design. The researchers developed an online survey strategy regarding literature concerning the success and complexity of projects. The views of 617 participants are documented. In the book, descriptive statistics and exploratory factor analysis pave the way for identifying the key success and complexity constructs of IS projects. These constructs are used in structural-equation modelling to build various validated and predictive models. Knowledge concerning the success and complexity of projects is mostly generic with little exposure to the field of IS project management. The contribution to current knowledge includes how the success of IS projects should be considered as well as what the complexity constructs of IS projects are. The success of IS projects encompasses strategic success, deliverable success, process success and the ‘unknowns’ of project success. The complexity of IS projects embodies organisational complexity, environmental complexity, technical complexity, dynamics and uncertainty. These constructs of success and complexity are mapped according to their underlying latent relationships to each other. The intended audience of this book is fellow researchers and project and IS specialists, including information technology managers, executives, project managers, project team members, the project management office (PMO), general managers and executives that initiate and conduct project-related work. The work presented in this first edition of the book is original and has not been plagiarised or presented before. It is not a revised version of a thesis or research previously published. Comments resulted from the blind peer review process were carefully considered and incorporated accordingly.

The Governance of Large-scale Projects

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Author :
Publisher : Nomos Verlagsgesellschaft
ISBN 13 : 9783832978792
Total Pages : 0 pages
Book Rating : 4.9/5 (787 download)

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Book Synopsis The Governance of Large-scale Projects by : Andrea Römmele

Download or read book The Governance of Large-scale Projects written by Andrea Römmele and published by Nomos Verlagsgesellschaft. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experiences from all around the world show that citizens increasingly articulate their discontent with large-scale projects. Still, public debates often leave politics, administrations, corporations and citizens unsatisfied. How can we improve mutual understanding, provide political legitimacy and facilitate economic efficiency? This book pinpoints the opportunities and challenges of participatory modes of governance by offering theoretical accounts and analyses of large-scale projects focusing on infrastructure, communication and public administration. With contributions by: Marko Bachl, Henning Banthien, Sarah Bastgen, Daniela Ciaffi, Christopher Gohl, Andreas Hoffelder, Kjetil Holgeid, Mathias Konig, Wolfgang Konig, Thamy Pogrebinschi, Martina Richwien, Claudia Ritzi, Andrea Rommele, Fabiano Santos, Emanuela Saporito, Stefan Schaible, Henrik Schober, Gunnar Folke Schuppert, Carmen Sirianni, Arne Spieker, Johannes Staemmler, Mark Thompson, Andrea Versteyl, Paul Webb, Katrin Winkler.

Filling Execution Gaps

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Publisher : Walter de Gruyter GmbH & Co KG
ISBN 13 : 150150634X
Total Pages : 396 pages
Book Rating : 4.5/5 (15 download)

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Book Synopsis Filling Execution Gaps by : Todd C. Williams

Download or read book Filling Execution Gaps written by Todd C. Williams and published by Walter de Gruyter GmbH & Co KG. This book was released on 2017-10-23 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: “I expected good, but this is great.” -Janet Pirus Phelps, Principle, Strategic CFO, Former CFO Papa Murphy's Pizza Gaps . . . holes in your organization where tasks fall and failure breeds. They inhibit your ability to implement strategic plans, lead people, and run successful projects. Daily, executives, middle managers, and project managers wrestle with “the big six”: Absence of common understanding Disengaged executive sponsors Misalignment with goals Poor change management Ineffective governance Lackluster leadership Ignoring any of these gaps will hex any strategy or project. They regularly destroy hundreds of companies’ ability to turn their corporate vision into business value—taking careers with them. Filling Execution Gaps addresses the sources of these gaps, and how to fill them. Without any one of these important functions, projects fail. Without change management, adoption suffers. Without common understanding, there is confusion. Without goals, business units, and capabilities aligned, execution falters. Without executive sponsorship, decisions languish. Too little governance allows bad things to happen, while too much governance creates overburdening bureaucracy. Without leadership at all levels of the organization, people are directionless. Using decades of experience, years of research, and interviews with hundreds of business leaders, Todd Williams illustrates how to fill these gaps, meet corporate goals, and increase value. An excellent review of this book appears here: https://www.linkedin.com/pulse/improving-project-execution-filling-gaps-murray-pmp-ms Click below to read an interview with the author: https://www.linkedin.com/pulse/filling-organization-gaps-successful-project-part-1-naomi/ https://www.linkedin.com/pulse/filling-organization-gaps-successful-project-part-2-naomi/?published=t Facebook users can access an interview on “Project Management Cafe” here: https://www.facebook.com/groups/projectmanagementcafe/permalink/1975750702698459/ Related blogs can be accessed here: https://www.projectmanager.com/blog/project-execution https://www.strategyex.co.uk/blog/pmoperspectives/strategy-from-the-bottom-up/ Check out his August 27, 2018 interview here: https://www.yegor256.com/shift-m/2018/34.html

Rescue the Problem Project

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Author :
Publisher : AMACOM Div American Mgmt Assn
ISBN 13 : 0814416829
Total Pages : 304 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis Rescue the Problem Project by : Todd C. Williams

Download or read book Rescue the Problem Project written by Todd C. Williams and published by AMACOM Div American Mgmt Assn. This book was released on 2011 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rescue the Problem Project provides project managers, executives, and customers with ways to accurately assess issues and fix problems. Many books explain how to run a project, but only this one shows how to bring it back from the brink of disaster.

Project Manager

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Author :
Publisher : BCS, The Chartered Institute for IT
ISBN 13 : 9781780174167
Total Pages : 120 pages
Book Rating : 4.1/5 (741 download)

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Book Synopsis Project Manager by : Elizabeth Harrin

Download or read book Project Manager written by Elizabeth Harrin and published by BCS, The Chartered Institute for IT. This book was released on 2018-07-11 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a highly accessible guide to being a project manager (PM), particularly a project manager working within an IT field. The role is set out with reference to required skills, competencies and responsibilities. Tools, methods and techniques for project managers are covered including Agile approaches; risk, issue and change management processes; best practices for managing stakeholders and financial management.

Why Projects Fail

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Author :
Publisher : Business Expert Press
ISBN 13 : 1947843915
Total Pages : 204 pages
Book Rating : 4.9/5 (478 download)

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Book Synopsis Why Projects Fail by : Tony Martyr

Download or read book Why Projects Fail written by Tony Martyr and published by Business Expert Press. This book was released on 2018-05-31 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: We are all involved at some time in our lives in projects, if not professionally then in our private and community lives. Some projects fail completely and many more disappoint. We frequently hear reports of IT, construction, engineering, and personal projects failing by going over budget, or running late, or failing to meet the client’s expectations; or all three. This book deals with the nine features that almost all failing projects share. In this easy to read book, the author uses his nine laws of project design and control to lead the reader through the traps that that can catch out not only project managers but also the project client and other members of a project community. This book is not a treatise of project management theory but practical guide, based on wide experience and the study of the causes of project failure, aimed at the professional and amateur alike.

The Misery of IT Projects. Why IT Projects Fail

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Author :
Publisher : GRIN Verlag
ISBN 13 : 3346066436
Total Pages : 84 pages
Book Rating : 4.3/5 (46 download)

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Book Synopsis The Misery of IT Projects. Why IT Projects Fail by : Anja Adamik

Download or read book The Misery of IT Projects. Why IT Projects Fail written by Anja Adamik and published by GRIN Verlag. This book was released on 2019-11-18 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2007 in the subject Computer Science - Commercial Information Technology, grade: 1,7, , language: English, abstract: This dissertation studies possible reasons for information technology (IT) project failure or success. In general, projects have a defined goal with clear boundaries and defined resources. They are limited in time, highly complex and run by a specific organisation. In particular, software projects are characterised by complexity, simple modifications, abstraction, technology changes, incomplete requirements and undefined practices. In addition, the environment plays an important role. The key players consist of: senior management, project sponsor, project manager, project team and users. To successfully run projects, a formal methodology is fundamental. Project management involves initiating, planning, executing, controlling and closing. The Standish Group has proved that IT project failure is common. The Chaos Report publishes facts on failure every two years. In 2004, 18% of projects in the U.S. failed, 53% were challenged and 29% were successful. The reasons for project failure are related to incomplete requirements, lack of user involvement, lack of resources, unrealistic expectations, lack of executive support, changing requirements and specifications, lack of planning and lack of IT management. These factors were also crucial for the failure of the FBI’s Trilogy project. This project consisted of upgrading the FBI’s hardware and software, their communications network and five most important investigative applications. The Trilogy project was 15 months over schedule, $201.3 million over budget and has never been finished. Other success factors however include user involvement, executive management support, experienced project manager, clear business objectives, minimised scope, clear requirements, standard software infrastructure, formal methodology, reliable estimates and skilled staff. For the successful implementation of Mentec’s AGRESSO Financial Management System in Irish Local Government these issues were extremely relevant. The new system could be distributed to 72 local authorities on plan and within budget. This dissertation theorises a successful IT project process. Whereas formalised project management practices cannot guarantee an effective project, they only provide for better opportunities to reach the goal.