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KEY VALUE PROPOSITION

Reduced IT Project Failures: 40% of all internal IT projects fail or are canceled. The average aborted project is slated to last 27 weeks, but is canceled after 14 weeks when it is 52% complete. On average, medium businesses spend nearly $1 million on projects that fail, out of an average total budget of $4.3m.

Increased Management Insight to Projects: Many project team members know that projects are going to fail 6 weeks before they are canceled. Yet, management often fails to halt them before large sums have been spent. Closing the gap between when team members sense failure and when management terminates a failing project will allow organizations to act more swiftly and shut down problem projects sooner.

Return on People:

  • Increase employee productivity
  • Build optimal project teams
  • Improve ability to make fast, accurate, strategic decisions

Return on Processes:

  • Enhance management of resources across enterprise
  • Improve visibility into project status
  • Increase project efficiency and control

Return on IT:

  • Reduce costs
  • Ensure today's IT investments will deliver value in the future
  • Capitalize on existing technology investments
  • Make the correct choices about where to invest to increase business agility now and in the future
  • Ensure that investments and decisions made today will absolutely remain smart investments in the long run

Customer Centricity:

  • Drive revenue
  • Align business with customers
  • Improve customer satisfaction, set realistic expectations
  • Create new services and offerings
 
  "The inability to get the support of users has long been a reason that IT projects fail."

Source: InformationWeek, November 1, 1999.
  Why So Many CIOs Fail?
"They haven't converted their shops to the project-management orientation. Many CIOs lack project-management skills. They should projectize just about everything."

Source: InformationWeek, November 1999.