SHARPENING THE PENCIL ON PROJECT MANAGEMENT Lynette van Reenen PROJECT MANAGER’S SAY WHAT? https://www.youtube.com/watch?v=UBr3MM9_zd4 IT PROGRAMMES ARE NOW SO LARGE AND COMPLEX IT CAN BRING WHOLE COMPANIES DOWN • Design finished in 2001 – difference in development software • More than 12 months delay to market; 26% drop in share price • Resignation of Noel Forgard • Lord Chancellor’s Department • Courts computer system • 328% over budget • 167m USD • Implementation of an ERP system • Cost more than $5 billion, 7 years to implement • Project crashed and burned HIGH FAILURE RATE OF IT PROJECTS 65-85% of IT projects fail to meet their objectives – Portland Business Journal Failure rate of large implementation are 50% higher than small to mid size projects - Gartner Only 40% of projects meet schedule, budget and quality goals IBM 70% of organizations have suffered at least one project failure in the prior 12 months - KPMG 50% of projects fail to consistently achieve what they set out to achieve - KPMG Only 40% of projects meet schedule, budget and quality goals IBM METHOD Project Integration Management Project Stakeholder Management Project Scope Management Project Procurement Management Project Time Management Project Risk Management Project Cost Management Project Human Resource Management Project Quality Management LESSONS LEARNT FROM LARGE IT PROJECT IMPLEMENTATIONS • Project Scope Management – Requirements – Tools / Technology – Complexity • Project Time Management – Estimates / Scheduling • Project Human Resource Management – Staffing • Project Integration Management – Plans and Controls LESSONS LEARNT FROM LARGE IT PROJECT IMPLEMENTATIONS • Project Risk Management – Identify vs. Manage • Project Stakeholder Management – Lack of direction – Lack of commitment – Lack of ownership • Project Cost Management – No cost targets – No cost measures – Costing of changes INTERESTING READING http://pragdave.me/blog/2014/03/04/time-tokill-agile/
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