Verified Document

Business Processes And Business Term Paper

¶ … Failure

No one likes to admit failure -- in business or in life. But by understanding why a project failed, one may better prevent the occurrence from transpiring in the organization's future development and management of other projects. Poor communication, internal politics and overrun cost estimations can affect all projects and contribute to an IT project's failure. Of course, such variables can also affect a project regarding a new product's design and Internet-based projects as well. But IT projects that require hardware, unlike Intranets must contend with a number of other issues such as late project deliverables. They also must address increasingly complex issues as organizational security, ease of access and integration with currently existing technical systems. (Chin, 2003) Overlooking any of these variables can lead to project failure.

When is a project a failure? A project can be considered a failure if it deviates too far from original specifications, doesn't meet key user requirements, and is late or over budget. In some cases, a perceived project failure can be a subjective issue. (Chin, 2003) The project's designer may regard a technical advancement that goes over budget as a success, because the work could contribute to the design of a better system in the future, while a budgetary manager may call the work a failure, purely and simply based on the bottom line.

Thus, there are varying degrees of failure. Project death, the most extreme case, or total project cancellation, is hard to define in any positive way. So is overrunning initial cost estimations, over- or underestimating project schedule, and miscalculating work to personnel ratio, as no potential 'good' can really be gleaned for anyone, with an over or under worked staff. IT managers must be especially careful upon a project to coordinate different teams of users, workers who know the business processes of the project's needs, who must be held accountable "to clearly express their requirements and provide feedback on each project deliverable," and developers, "who know what technology can be used to put those business processes into place" and who "need to ask the right questions and not make any assumptions on what they think the users mean." (Chin, 2003) Communication, as always, is key, especially when different project teams may speak different technical and managerial languages.

Work Cited

Chinn, Paul. (May 6, 2003) "Cold Case: Project Failure." CIO Online. Retrieved 13 Jan 2005 at http://www.itmanagement.earthweb.com/cio/article.php/2201981

Cite this Document:
Copy Bibliography Citation

Related Documents

Business Plan for Organic Fertilizer
Words: 3068 Length: 8 Document Type: Business Plan

We can use this opportunity to establish loyalty among our existing customers, develop referrals among our customers to their colleagues, and establish our brand and credibility as local suppliers of organic fertilizer of high quality and at a good price to our market. With this in place, it will be difficult for any new market entrants to displace us in our local area as the main suppliers of organic

Business Plan for a Concrete Polishing Company
Words: 2039 Length: 7 Document Type: Business Plan

Business Plan for a Concrete Polishing Company Business plan for establishing concrete polishing company in Sydney Australia Concrete polishing company, Sydney, plans to become a leader in providing concrete polishing services in the city. The company plans to do this by having the best facilities and human resource with experience in the industry. Plans are set to counter competition from existing companies by a continuous improvement of processes. Measuring standards of performance

Business Plan: Bridal Salon Business Products and
Words: 3400 Length: 10 Document Type: Business Plan

Business Plan: Bridal Salon Business Products and services Keys to Success Company description Vision Statement Mission Statement Company background Products and Industry Product Description Industry Description The Market Market and Target Customer Market Segmentation Target Market Strategy Competition and Competitive Advantage Curbing Local Competition Curbing Regional Competition Marketing Strategy Overall Strategy Sales Plan Competitive Plan Research and Development (Growth Plan) The Organization Legal and Organization Structure Key Personnel Related Service Providers Location The Financials Critical Risks Income Statement Cash Flow Projection Balance Sheet Assumptions References Executive Summary Introduction Pace-setter is a bridal salon that rides on the theme of 'experience'. It creates an environment in which

Business Plan This Is a Business Plan
Words: 2119 Length: 7 Document Type: Business Plan

Business Plan This is a business plan of Scarves Unlimited. The business will be a partnership business between Andy, Brandy, and Savanna. The partners of the business intend to improve business operations, and ensure there is increased productivity in the business. Therefore, this business plan will clearly illustrate how the business plans to operate, market its products and services and introduce technology in its operations. This is aimed at ensuring the

Business Models Evolution of Business
Words: 2175 Length: 6 Document Type: Article

0 technologies ((Wirtz, Schilke, Ullrich, 2010) Heavily reliant on a broad range of integration points throughout an enterprise, creating a real-time information network using collaboration technologies including Facebook-like applications (Salesforce.com Chatter) Comparable in design objectives to the structure of the knowedlge-sharing ecosystem; yet this business model is based on real-time social media data and collaboration Ideal for large, knowledge-based businesses that are growing rapidly; perfect fit for new business ventures based on consulting

Business Intelligence Bi Plan Business
Words: 4104 Length: 14 Document Type: Business Plan

Although intranet pages may provide links to the Internet, an intranet is not a site accessed by the general public" (Housel and Hom, 1999). Aside from the intranet, the company also uses a wide array of anti-virus programs, firewalls and virtual private networks. The scope of these software applications is that of screening the information which flows between all the organizational computers (Answers, 2011). At the level of the organization,

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now