Having looked at the changing dynamics of enterprise IT projects and statistics of project failure as well as success of enterprise IT projects, it is quite logical to look at the reasons why enterprise IT projects failed or what were the reasons for those enterprise IT projects that succeeded to meet organizationís objectives.
We also looked at KPMGís survey wherein it highlighted certain enterprise IT projects have been successful in delivering desired value/benefit to organizations & customers. KPMG reports also pointed out or listed its observations regarding what contributed toward success of these projects. Letís take a look at how you can ensure effective management of enterprise IT projects to successfully meet organizationís goals.
Enterprise IT applications are typically
Undertaking enterprise IT project change, clearly means that it involves high amount of unpredictability attributed to technical challenges, change requests as project progresses. If you have to handle these two challenges, you will clearly need
Without a doubt, enterprise IT projects carry lot of complexity, they are risky endeavor and a lot is at stake (not just career of people involved or budget allocated but also business prospect). Unlike independent, smaller projects which can be managed by a project manager(s) and team members, the number of stakeholders involved in enterprise IT projects are significant in numbers, project-interdependence is considerable. In short, enterprise IT projects is a complex, risky affair.
Wherever there is business complexity involved, a process based, methodical and structured approach help in unravelling complexity and risks. A sound project management process can give better control in managing project schedule delay, cost overrun and risks mitigation. Well established, tested practices are irreplaceable for effective project management. These also include strategic PMO to prioritize projects, rigorous processes to manage requirement changes, change requests and associated risks.
In short, organization should have sound project management process to effectively manage enterprise IT project.
To achieve effective project management, thereís no substitute for tested practices. These include having a strategic and disciplined project-management office and establishing rigorous processes for managing requirements engineering and change requests. The project office should establish a few strong stage gates to ensure high-quality end products. At the same time, it needs to strive for a short delivery life cycle to avoid creating waste in the development process.
Better it is for your organization if you realize project management process is not defined or practiced by email exchanges or pointing people to dormant document storage location. Life will be much easier for everyone if system does hand-holding to follow project management processes. You should find a good project management software that works for your organization as well as external stakeholders.
In next post, we will look at importance of adaptive/lean project management approach as well project governance for effective enterprise IT project management.