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How to rein in the high cost of a failing IT project?

  • Broadcast in Business
Business Advisors

Business Advisors


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A quick search on the internet about IT project failures brings up voluminous statistics about the high percentage of IT projects that fail and the astronomical costs of incomplete, abandoned and cancelled projects. On the other hand, there is also  voluminous writing about what some of the root causes are and what needs to be done to avoid them.
We will review some of the key tenets of Agile and how they shed light on the fact that client satisfaction, project leadership and team dynamics questions need to receive greater focus to prevent repeated problems.  Much work is being done both on the technical and the training sides to address these issues for the long run.
What happens, however, when you have a project failing NOW? We will address the frustration that senior leaders (CEO, CFO, CIO…) experience when confronted with failing IT projects, the feeling of having limited options and the near impossibility for them to get to the bottom of why the project is not working.
We will explore the solutions that we have used over and over to rapidly turn around the performance of project teams that were in crisis.  How can a project that has gone off track be put back on course in a few days?