IT DRILLDOWN
 
NEWSLETTERS
 

CIO.com updates, insights and advice on technology, management and your career.

 
 
 
LEADERSHIP
 
CIO Executive Programs
The Leader in Face-to-Face Education for Senior Executives

Offering regional and national programs, CIO (and CSO) events bring together some of the most respected names and thought leaders in information technology and security. Presented by CIOs and other senior level executives, these invitation-only programs offer timely topics and strong networking. Learn More »

 
CIO Executive Council
A Peer-Advisory Service and Professional Association for CIOs

Portfolio Management Maturity Model at Chevron - Presentation & Discussion

November 13, 11:30 AM - 12:30 PM ET (GMT-4)

The fundamental goal of the model is to help IT become a business partner and earn a seat at the table. Core to the model is to establish a five year IT strategic road map that is owned by the business. Presenter Janinne Franke is manager of strategy, planning & optimization at Chevron's corporate department & services. She will share processes and lessons learned from developing and implementing the model.

More / Register »

Learn more about the CIO Executive Council »



 
 
RESOURCE CENTER
 
 
 
SUBSCRIBE TO CIO
 
Are you involved in setting the direction for your company's IT budget or strategy?

Apply today for a FREE subscription to CIO Magazine!

 
 
 

How to Spot a Failing Project

Often, the difference between success and failure is spotting critical early warning signs that a project is in trouble. Here are a few ways to identify the symptoms.

 

July 17, 2007CIO — Usually, when an IT project fails, management is the last to know. But eventually, like a fish left too long in the refrigerator, the failure becomes all too obvious. When the situation reaches that point, your only option is the IT equivalent of pulling everything out of the refrigerator and scrubbing it out with baking soda.

But it doesn't have to be that way. Conventional wisdom to the contrary, project management is getting better. More projects are succeeding, fewer projects are failing outright, and projects are returning more of the IT dollar invested.

Still, only about one-third of all projects are complete successes. Often, the difference between success and failure is spotting the critical early warning signs that a project is in trouble. Here's a quick look at some of the earliest symptoms that all is not right with your "fish"—and what you can do about it before you have to break out the baking soda.

Be Reassured: Failure Isn't Preordained
The good news is that things are getting better. The most widely used measure of IT project success is the Chaos Report from The Standish Group International. The biennial (once every two years) report is based on a worldwide survey of several thousand medium to large companies. "We've measured project success every two years since 1994," says Jim Johnson, Standish Group chairman.

The original study (which is still sometimes quoted as if it were current) was shocking. In 1994, the researchers found that 31 percent of the IT projects were flat failures. That is, they were abandoned before completion and produced nothing useful. Only about 16 percent of all projects were completely successful: delivering applications on time, within budget and with all the originally specified features.

"As of 2006, the absolute failure rate is down to 19 percent," Johnson says. "The success rate is up to 35 percent." The remaining 46 percent are what the Standish Group calls "challenged": projects that didn't meet the criteria for total success but delivered a useful product.

"We've gotten better for several reasons," Johnson says. "The whole discipline around project management is becoming more of a profession. We're understanding the process better. We're getting more articulate users who can describe what they want better. And we have some very good tools, like UML, that can help the user."

The Internet plays a role as well, according to Scott Johnson, CEO of AtTask, an Orem, Utah, maker of project management tools.

Loading...
 
 
ABCs
 

Just the basics, please. Sometimes we all need a refresher or we need to make sure our team and our colleagues are all on the same page.

Over 25 tutorials on everything from business intelligence to virtualization.

 
 
FEATURED SPONSORS
 
 
 
SPONSORED LINKS
 

Tie employee development activities to corporate strategy

Google Case Study: Kimberly-Clark

Project Portfolio Management - Boost the Value of IT

IT Cost Transparency & Performance Management for Optimizing IT

Gene Kim's Practical Steps to Mitigate Virtualization Security Risks

Secure your virtual and physical environments with the same software.

New research validates telepresence solutions.

Configuration Assessment: Choosing the Right Solution

How to Calculate the ROI of Remote Support

31 Best Practices for the Service Desk

Industry Analyst Report: Top Hosted Exchange Vendors in 2008

CA's IT Security centralizes your identity management to turn security into a proactive, business-building tool

Efficient - Flexible - Compliant

Log onto Hitachi True Stories, films inspired by the next great achievement

Request a Novell/Microsoft deployment workshop and kit

Request a Novell/Microsoft deployment kit

Let Hubspan's managed service tackle your business integration challenge so you can focus on your core business

Strong Authentication. Secure USB data storage. One Device

Global Crossing is the most viable alternative for voice, video and data

Discover PMI's credentials and career path tools

SOA Educational Library at the TIBCO SOA Resource Center

Secure your virtual and physical environments with the same software

E-LOAN Maintains Reputation as a Privacy Leader with Symantec

Information Security: Data Drains and How to Prevent Loss

Prudential Financial Protects its Brand with Symantec

Google Case Study: Sunnybrook Health Sciences

Portfolio Management for Effective IT Governance

Telepresence - A Realistic Solution Connecting a Global Workforce

How End-User Monitoring Can Help You Improve Customer Satisfaction

IT Service Management: Metrics That Matter

Tripwire and Visible Ops: A Four-Phase Approach to Instituting Change Management

Optimizing Infrastructure Control

A Closer Look at SaaS Purchasing Behaviors and Attitudes

How Does Your IT Help Desk Measure Up?

Extending the Enterprise Network Through Mobility

Motorola AirDefense can identify and exterminate your rogue APs. Learn more

CA delivers deeper insight into your assets, resources, projects & services so you can make more informed IT decisions

Manage your IT more effectively

Is there a secret to Sharepoint® Security? www.SharePointSecured.com

Request a Novell/Microsoft deployment workshop

Keep your valued customers through tight business integration - it's a lot easier than you think

Simplified business collaboration, we make the connections so you don't have to

Compuware.com - See how we make IT rock around the world

Build up or Tear down? See how UC makes sense with Nortel. Calculate your UC ROI

Dell Latitude: Battery life up to 19 hours. Learn more

TDWI Report shows strong validation for investing in predictive analytics

Security and Trust: The Backbone of Doing Business over the Internet

7 Requirements of Data Loss Prevention

Data Loss Prevention: Keeping Sensitive Data Out of the Wrong Hands

Best Practices in Choosing and Consuming Managed Security Services