Focus IT Roundtable: How to Recognize and Prevent IT Project Failures
2011 Focus Research 2
About the Roundtable:
Focus Expert Roundtables are 45 minute teleconferences where 3-5 members of the FocusExpert Network talk about hot topics on a particular category each week. Failed IT projectscost the economy billions of dollars every year, damage many public and private organizations,and hurt the careers of those involved. On April 25, 2011 top experts explored why IT failuresare so common and what you can do to prevent them.Michael Krigsman: Let’s begin. Welcome to this Focus IT Roundtable called How toRecognize and Prevent IT Project Failure. I’m Michael Krigsman, CEO ofAsuret, which provides change-related consultant services on businesstransformation projects. I also wrote a popular blog for ZDNet called ITProject Failures.This roundtable is brought to you on Focus.com, where I’m a FocusExpert Advisor. Focus brings together a large community of experts andbusiness professionals to exchange information and share knowledge.And if you haven’t participated in the site, I strongly suggest that you do.Focus will be posting a recording of today’s discussion within the next24 hours, and a transcript will be up within the next week. To access thearchive, use the keyword “projectmanagement” on Focus.com. You canalso interact with me and the other experts participating in thisroundtable over at Focus. If you’re on Twitter, use the hashtag#focusRT. And we’ll be monitoring the Twitter stream as we go.Today I’m joined by two top experts on IT failures. Steven Romero is anIT governance evangelist at CA Technologies, and he literally travelsaround the world giving presentations on this topic. He speaks withpractitioners and enterprise customers every day of the week, and youcan find him on Twitter at ITGEvangelist – for IT Governance Evangelist.I’m also joined by Todd Williams, who is one of the top projectturnaround specialists in the world. His new book is titled Rescue theProblem Project. And Todd works with enterprise customers as well, andalso travels the country giving talks on this topic very frequently. Andhe’s on Twitter at BackfromRed, as in “taking back from red projects.”It’s an honor to be here with both of these folks. So let’s dive right in.Steve, let’s begin with you. Despite all of our metrics and projectmanagement tools and everything else, statistics tell us that a largepercentage of projects are late, over budget, or don’t deliver expectedresults.