BSA 375 Week 2 DQ 3 - the risk of losing executive...

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In spite of all the advice available advice, the fact is that over 50% of projects that IT departments  undertake end up either failed or getting cancelled. Ford Motor Company’s abandoning of its $400  purchasing system is an example of a project failure ( http://spectrum.ieee.org/computing/software/why- software-fails ). Unavailability of dedicated resources, inadequate attention to suppliers, unnecessary  complexity, long projects that have no intermediate products, and banking on new and unproven  technology are five ingredients that could ruin the success-recipe of a project. Big projects that span  lengthy periods of time often demand concentration and dedication from the assigned resources. Also,  when long projects go on and on without delivering intermediate products from time to time, they create 
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Unformatted text preview: the risk of losing executive interest, project support, and resource focus. It is frequently the case that key project personnel who are asked to provide support for critical projects are also required to fulfill the demands of their current full-time jobs. Managers who have little control on their project resources typically find themselves in dire straits. It is important to select suppliers who can deliver quality and value on time, for if they fail, projects fail too. Projects that try to do everything for everybody typically end up creating systems that become difficult to use, and hence eventually fail. Banking on technology that is new and unproven technology could be disastrous in terms of targets, quality, timelines, and cost....
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This note was uploaded on 11/21/2011 for the course BSA/375 BRBSIT911 taught by Professor Shawnpullum during the Spring '10 term at University of Phoenix.

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