The failure rate of IT projects is a concern for any new project. Unfortunately, this is a valid concern when you consider the failure rate is around 25% across all projects. Small projects are more likely to succeed. However, one in five is still likely to end in failure. The cost of failure can be substantial. Although the dollar amount for small projects may be less, the impact to the business can still be crippling. It is not uncommon for …
If you work in retail or use a credit card, you have come across the latest technology: chip and pin. In the U.S. this is a newer and less prevalent technology than it is in the rest of the world. However, that does not diminish its importance. The more technical name for this technology is EMV (a shortened version of the card schemas: Europay, MasterCard, and Visa) but you can find usually find both phrases used in discussions about it. …
Any work done involving IT tends to have challenges with quality, time, and cost. Yes, I did just list all three factors that go into any project. The problem with many projects is that adjusting one area seems to have little effect on the other two. Adding more to one leg of the stool can even make things worse rather than better. How often has a project had money poured into it only to prove it is a case of …
