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 …
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 …
It is becoming easier and easier to outsource some, most, or all, of the everyday business needs. These requirements may be IT, HR, accounting, marketing or almost any other part of business. Outsourcing is becoming an attractive option as there are a lot of positives that can come from outsourcing. However, there are also big negatives that can come from it. The key to outsourcing, just as any other business activity, is to do due diligence first. Let’s look at …
