Getting a project off the ground is difficult, but keeping it alive is even harder. Every year, an astonishing number of I.T. projects fail to meet their goals, costing companies vast amounts of money. But what causes it, and is it something you can avoid?
1. Lack of communication – Failing to regularly communicate with team members is the fastest way to ruin a project. Always make sure that everyone is on the same page, and address any issues or concerns immediately. People are not machines, and ignoring any disagreements or misconceptions will harm the project in the long run.
2. Blindness to obvious problems – Too many teams would rather say “It will work out somehow” when they encounter a problem, or even fail to notice it in the first place. This happens because those who are directly working on a project are usually unable to give an unbiased opinion of how things are going. An outsider’s view is helpful at times like these.
3. No cooperation between departments – This is a point that IT project management consultants like q4technology.com always emphasize. It is not enough to simply work on the project with an isolated section of your company, especially considering how large and complicated most solutions are these days. You need to take into account every related department, from marketing to finance.
4. Losing focus on the benefits – As the project progresses, it’s easy to lose sight of what your original requirements and goals were. The concept changes little by little, until it is something completely different from the initial design. Needless to say, this results in a less than favorable outcome.
5. A rapidly changing environment – Although this area is mostly out of your control, it is no less important than the other factors. Sometimes, a project will be completely obsolete by the time it is finished. In order to combat this, management must keep a close eye on external factors, and decide how to handle these threats. It might be necessary to cancel the project outright.
Managing the project goes beyond meeting deadlines and keeping costs low. To truly claim success, it must be able to fully meet the needs of the company and its clients.