Research
Reports
With a phenomenal increase in
business maturity to use IT to enable their business
processes, enterprises
have been raising concerns about the ROI (Return
On Investment) achieved against the enormous spending
on IT projects. IT Projects continue to
be over budget and over schedule and at times fail to meet their goals and
objectives. Numerous books have been written on project
management methods and software processes
that tout to improve the odds of project successes. However,
adoption costs, competitive pressures, and at times management’s lack of
understanding of the value of such paradigms, have prevented individuals
as well as organizations
to fully adopt all such methods and processes. This report’s objective
is to highlight the primary causes that lead to IT project failures and accordingly
provides a template
of strategies that organizations can adopt to increase the probability
of their project successes. Organizations that implement mature software
processes and project
management and control
methods,
inherently address the strategies highlighted in this report
as part of their processes.
