Is your IT project on the right track? By now, we’ve all heard the about the alarming number of IT projects that fail, but no one can seem to agree on the best way to keep this from happening. Curt Finch believes IT workers should track their time by task and project, as this is the best way to keep from going over schedule and over budget.
What’s the Problem?
Resource management is another major downfall of IT projects. Staff members are often stretched too thin, assigned to the wrong project, or assigned too many projects. A disconnect with project management and executive decision-making are other problem, as it’s hard to keep track of what people are doing and how long it’s going to take them to do it.
What’s the Answer?
Start tracking time right away. Projects are always designed with a certain ROI in mind, and tracking time is the surest way to reach that end goal. Finch points out that if 10% of your budget has been spent and only 5% of the work has been done, you’ve got a problem. It’s never too early to assume things aren’t lining up. The sooner you see it, the better chance you will have in correcting the problem and finishing your project as a success. Read the full article at ICPM.com: http://www.theicpm.com/blog/item/4715-how-to-successfully-execute-it-projects-every-time