Consider the following:
At least 4.5 Billion dollars a year are spent on IT and Software Development projects alone. Depending on which reports you read, between 15 and 30 percent of IT projects are complete failures. That is a complete waste of between 675 million and 1.35 billion dollars annually. That’s just IT and Software Development Projects!
Also consider that another 10-20 percent of all projects are only somewhat successful and fail to achieve the desired outcome of the intended project. That’s an additional loss of somewhere between 225 to 900 million depending on how you calculate and measure the actual success of those projects.
These are staggering numbers especially when you consider that most of this waste could be avoided by skilled Project Management. Why most of the waste? There can always be circumstances beyond the control of a Project Manager or a Project Management team to control or avoid.
Things like a single source of knowledge, other resource constraints, budget constraints, or schedule constraints. Technological limits or capabilities can even play a role in the success or failure of a project along with many other items! A skilled Project Manager can and should identify these risks and even make stakeholders acutely aware of the risks but often they do not have the position, power or influence to completely avoid these pitfalls or kill the project.
Politics in companies, just like in our government, is responsible for much of this waste. Another major contributor is a lack of Project Managers with the strength of their conviction in their skill and ability. A good project manager is not someone who provides status to management and executives after the fact, that’s not even their job! A good Project Manager is the one who provides the forecast and probability of success for a project, based on the facts, before it begins in earnest. The true responsibility of the project ultimately lies with the stakeholder but make no mistake, the project manager takes the heat most of the time for these failures.
Some advice is this:
If you believe you are in a no win project and have empirical data to back up your forecast and probability matrix, then appeal to a higher court now. Go beyond your stakeholder or stakeholders if possible, spread the word and make everyone aware of your research. It may be the only way to preserve your job and your career. If you end up losing your job for doing the right thing, I apologize, but I offer you this, you’re better off without those who would ignore the data!
Provide some feedback; I’d love to hear other thoughts on this!
This blog covers information on the Microsoft Enterprise Project Management (EPM) Solution 2007 and 2003.
Showing posts with label Microsoft Project 2010. Show all posts
Showing posts with label Microsoft Project 2010. Show all posts
Wednesday, May 26, 2010
Tuesday, September 29, 2009
What’s New in Project 2010 (First Look Video’s)
Biggest Release of Project in a decade:
Builds on the foundation of Project 2007
Simple and Intuitive User Interface
· Fluent User Interface (The Microsoft Office “Ribbon”)
· More Intuitive “Excel Like” behavior
· Powerful new views (Timeline View, Team Planner and much more)
· Web based project editing capabilities
Enhanced Collaboration and Reporting
· SharePoint Sync
· Improved time and status reporting
· Easier to create reports and dashboards
· Built on SharePoint Server 2010
Unified Project and Portfolio Management
· Integration of Portfolio Functions enabling full Project Portfolio Management
· Flexible project capture and initiation
· Enhanced governance thru workflow
· Powerful Portfolio analytics
Scalable and Connected Platform
· Extended Interoperability (Exchange , TFS, ALM, Dynamics)
· Simplified Administration
· Rich Platform Services
· Enhanced Developer Resources
Check out the new Project 2010 First Look video’s (Click on the title) and I will be providing more information on the products soon.
http://www.microsoft.com/project/2010/en/us/default.aspx
Builds on the foundation of Project 2007
Simple and Intuitive User Interface
· Fluent User Interface (The Microsoft Office “Ribbon”)
· More Intuitive “Excel Like” behavior
· Powerful new views (Timeline View, Team Planner and much more)
· Web based project editing capabilities
Enhanced Collaboration and Reporting
· SharePoint Sync
· Improved time and status reporting
· Easier to create reports and dashboards
· Built on SharePoint Server 2010
Unified Project and Portfolio Management
· Integration of Portfolio Functions enabling full Project Portfolio Management
· Flexible project capture and initiation
· Enhanced governance thru workflow
· Powerful Portfolio analytics
Scalable and Connected Platform
· Extended Interoperability (Exchange , TFS, ALM, Dynamics)
· Simplified Administration
· Rich Platform Services
· Enhanced Developer Resources
Check out the new Project 2010 First Look video’s (Click on the title) and I will be providing more information on the products soon.
http://www.microsoft.com/project/2010/en/us/default.aspx
Monday, September 28, 2009
A few things about Project 2010
First off, the Microsoft Project 2010 Conference in Phoenix Arizona was great. It was really good to see MOST of you again (haha). The big news was the official launch of Project 2010 which includes Project Server 2010, Project Desktop 2010 and SharePoint 2010. Although the community as a whole was able to see a good bit, many of the upcoming details are on hold until after the Official SharePoint 2010 Launch which will happen at the SharePoint Conference: (http://www.mssharepointconference.com/Pages/default.aspx)
A few highlights or themes that were conveyed during the conference were:
· Project Server 2010 was NOT a full redesign, it is an enhancement of what works in 2007
· Portfolio Server functionality will be included in Project Server 2010
· ActiveX controls will be NO MORE in 2010 a new grid has been developed (Still IE dependant thou)
· The RIBBON (Fluent User Interface) is in, both for Project Desktop and Project Server (If you’re not familiar with the ribbon interface for Office 2007 check it out here: http://office.microsoft.com/en-us/products/HA101679411033.aspx
· Much richer web based project capabilities in PS2010
· Married to SharePoint Server 2010, you will no longer be able to have Project Server with SharePoint Services (Although there are downsides of cost for small businesses, I still think this is great as the features and properties of SharePoint Server 2010 will serve all businesses… think excel services)
Much more to come soon….
A plug for MPU (Microsoft Project User Group):
MPUG http://www.mpug.com JOIN UP
A few highlights or themes that were conveyed during the conference were:
· Project Server 2010 was NOT a full redesign, it is an enhancement of what works in 2007
· Portfolio Server functionality will be included in Project Server 2010
· ActiveX controls will be NO MORE in 2010 a new grid has been developed (Still IE dependant thou)
· The RIBBON (Fluent User Interface) is in, both for Project Desktop and Project Server (If you’re not familiar with the ribbon interface for Office 2007 check it out here: http://office.microsoft.com/en-us/products/HA101679411033.aspx
· Much richer web based project capabilities in PS2010
· Married to SharePoint Server 2010, you will no longer be able to have Project Server with SharePoint Services (Although there are downsides of cost for small businesses, I still think this is great as the features and properties of SharePoint Server 2010 will serve all businesses… think excel services)
Much more to come soon….
A plug for MPU (Microsoft Project User Group):
MPUG http://www.mpug.com JOIN UP
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