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NATURE OF INFO TECH PROJECT - Coggle Diagram
NATURE OF INFO TECH PROJECT
INTRO
IT project are organizational investment require: TIME, MONEY, RESOURCE (People, Tech, Facility)
Organization expect investment return value
IT project enable tech integration
PROJECT:
Temporary project to create unique product, service, result
PROJECT MANAGER:
Person assigned by performing organization to achieve project's objective
PROJECT ATTRIBUTES
Time frame
Purpose (To provide value)
Ownership
Resource (Triple contraint)
Roles
Project Manager
Subject Matter Expert (SME)
Technical Expert (TE)
Risk & Assumptions
Interdependent task
Planned Organizational Change
Operate in environment larger than project
PROJECT AS SYSTEM
Strategic Management
Portfolio Management
Program Management
Project Management
App of knowledge, skill, tool, technique to project activity to meet requirement
PROJECT PORTFOLIO:
Collection of diverse project managed to align w/ organization strategy & overall plan to achieve competitive advantage
PROGRAM:
Collection of project within project portfolio whose activity coordinated that benefit of program greater than sum of benefit of individual project
Sub Project Management
WHY PROJECT FAIL?
PEOPLE
Stakeholder of project w/ varied role & interest in success / fail of project
REASON:
Lack top management support
Ineffective user involvement
Lack of skill
Lack of experience
Poor communication
Poor defined role & responsibility
Lack of accountability
Unrealistic expectation
Conflicting stakeholder goal
Poor decision
PROCESS
Have set of project management & product management process
REASON:
Poor defined goal & objective
Poor planning
Lack control
Poor defined requirement
Changing requirement
Inadequate testing
Project management & product development process non-existent / not followed
Poor execution
TECH
3% of IT project failure can attribute to technical challenge, but 3% can increase if obsolete, unproven, incompatible tech are used
REASON:
Obsolete, Unproven, Incompitable
ORGANIZATION
Issue can lead to project fail. Lack of clear direction, improper strategy, rapidly changing business environment & / customer need can create moving target for product / service
REASON:
Lack direction
Changing priority
Lack funding
Competition for funding
Organizational politic
Bureaucracy
Lack oversight
Poor change management
IMRPOVE LIKELIHOOD OF SUCCESS
VALUE -DRIVEN APPROACH
Plain & Simple: IT project must provide value to organization
SOCIO-TECHNICAL APPROACH
Not about tech / building better mouse trap
PROJECT MANAGEMENT APPROACH
Process & infrastructure (Methodology)
Resource, Expectation
Competition
Efficiency & effectiveness
KNOWLEDGE MANAGEMENT APPROACH
Lesson learned, best practices, & shared knowledge