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Atricle Dump - Six Rules for Great IT Project Success
Don't Get Scammed nd project sponsors. The project leader must continually ask, “why.” Press for specific answers on how the change, the additional goal, etc. get the project closer to completion. Ultimately, the business needs the project completed to reap the benefits.I've got a confession to make... I was scammed by a company promising me I can stay at home and type data into forms and make over two hundred dollars a day.There are a lot of scams going on out there, these are just a couple of scams to be on the look out for.Scam #1 You Won The Lottery!This is an e-mail scam from a person or company informing you that you have just won the lottery. Payment is required to get your huge unsolicited lottery winnings transferred into your country/bank account. There are no 'winnings' .If you receive a "prize notification" from a suspicious lottery: • don't respond to the emails • don't pay any money in advance to collect a prize • don't reveal your full identity • don't reveal your bank account number or credit card detailsScam #2 Employment and JobLook out for these:"Local Representative Needed" "Shipping Manager" "Financial Manager" "Sales Manager" "Type from home"These headlines are from companies offering you easy money for just a few hours of work a week. Remember if it sounds to good to be true, then it 5. Perform quality checks at a regular interval on the schedule, the budget and the expectations of everyone involved. These are not detailed-oriented checks, but rather 10,000-foot reviews. Pick 3 random items and delve more deeply by probing with five or more questions each. FOUR: Communicate to Ensure Accountability According to Labformatics, one of the top reasons that IT projects fail is lack of responsibility over the project by both project teams and the customers. Take a page from the nonprofit marketplace and utilize three communication tricks to continually draw in end-users and sponsors. First, build a simple, no frills website focused solely on the project itself. The site should contain the following: How to Be Noticed Project delivery makes IT organizations credible. When IT “gets it right” at the project level, its ability to impact the financial results of a company increases and its leadership in providing strategic direction improves. Good project delivery is the key to unlocking the door from the back-office to the boardroom.IntroductionPeople page through a magazine in a similar fashion as they surf through the web. The average attention span is not very long; eyes wander attempting to take in all of the stimuli. While paging through a magazine, a person is most likely to glance at a great number of advertisements. While reading articles, it relieves pressure on the brain to take a break from the text and take in some visual graphics. Millions of people either subscribe or peer through magazines generating great potential for sales for an advertiser. Are your ads featured in magazines? Consumers are more likely to focus on the more compelling images on the page during the process of looking through a magazine or reading an article.“The successful advertiser is the master of a new art: the art of making things true by saying they are so.”Magazine advertising is a spectacular way to gain the attention of a larger base of consumers. A potential customer may serendipitously become intrigued about a product or keep a company in mind while thumbing through a magazine. Ads come in different shapes, sizes, and times of occurrence. Contacting a publishin And yet, according to a recent survey by Accenture, only 29% of IT projects are considered successful. The average cost overrun is 56%; the typical delay is 84%. After decades spent learning and implementing project management methodologies, measurements and controls, the success rate of IT projects is no better than when a single computer took up an entire room. Now, despite the need for companies in the 21st century to innovatively embrace technology to compete, CIO’s still find themselves hearing second-hand about their company’s strategy while line-of-business executives embrace the “IT as a commodity” philosophy. For IT to contribute to a company’s bottom-line, IT executive teams need to ensure project alignment with business strategy. Projects, and particularly large-scale programs of multiple projects, need to be run flexibly, with an eye toward the larger business picture. The following pages present six straightforward principles – culled from our experience with Fortune 100 companies, ten person firms, mid-sized businesses and not-for-profit organizations – to turn your project into a bottom-line success. ONE: Use Occam’s Razor Big projects are seductive. They are also inherently risky, costly, complicated and come laden with poor track records. William of Occam, a 14th century logician, wrote “Entities should not be multiplied unnecessarily.” Albert Einstein restated this as “Everything should be made as simple as possible, but no simpler.” Apply their advice. Break up large projects into simpler, smaller projects or phases. Delineate each phase by its ability to provide an immediate and direct business benefit. This approach has five benefits: 1. Requirements are simplified. With tighter constraints, requirements gathering quickly centers on the most crucial. Time-box the remainder as “nice-to-have.” Done well, requirements will be easier to understand, have clear connections between them, and should be easier to complete. TWO: Buffer Consistently Critical Chain Project methodology suggests minimum 20% buffers in your project schedule. Many Finance organizations expect a 10-15% cost buffer over initial estimates on major projects. And in his book Slack (2001), Tom DeMarco points out that to be their most effective, people need approximately 20% slack or downtime during their workday. Ironically, many project managers set up a 20% buffer in their schedules and a 10% fudge factor in their budgets yet leave their people a 0% buffer. Thus, before scope “creep” or other project changes or problems, the chances for success have been cut by one-third. Tackle this head-on with third grade math: prior to establishing a budget or plan, assume a 6-hour workday (20% buffer) at 15 project-focused workdays a month (after factoring in vacation, illness, holidays, company meetings, etc.); in other words, 90 hours of project work a month per team member. THREE: Prioritize the Soft-Side Because projects are run for and by people, the primary role of the project leader is managing the “soft” people issues. The mistake most IT organizations make is to use the project leader to manage schedules, track metrics, control costs, assign resources, handling reporting and so forth. Instead, our experience has shown that successful project leaders focus first on five tasks: 1. Run “interference” for the project team(s). Projects can quickly become politically complicated. By minimizing the impact of politics on the project team members, the project leader reduces the risk of delay and scope “creep.” FOUR: Communicate to Ensure Accountability According to Labformatics, one of the top reasons that IT projects fail is lack of responsibility over the project by both project teams and the customers. Take a page from the nonprofit marketplace and utilize three communication tricks to continually draw in end-users and sponsors. First, build a simple, no frills website focused solely on the project itself. The site should contain the following: How To Beat Competition In Mobile Handset Retail Business llowing pages present six straightforward principles – culled from our experience with Fortune 100 companies, ten person firms, mid-sized businesses and not-for-profit organizations – to turn your project into a bottom-line success.The competition in the handset business in Nigeria, Africa like other countries of the world, is enormous especially in the major cities. Only entrepreneurs who go the extra mile will always make it. Though the market for GSM handsets is very large, most people find it difficult to break even in the business; an idea is what you will need to differentiate yourself from the crowd and competition no matter where you are located.The secret to this success is the Nokia handset retail business- this simply means branding your shop with Nokia and selling of only Nokia phones. The Nokia brand is the secret.Nokia as you know is unarguably the leading phone manufacturer in the world today, It is also the fastest selling brand in the world today with over 40 percent of worldwide market sales. And here in Nigeria, the Nokia brand controls over 46 percent of the market share. It is the biggest brand in handset business and it also commands one of the strongest consumer loyalties all over the world with great support. this can be seen in some of its fastest selling models like 3310,2100,1100 in Nigeria, the Nokia 1100 for example has sold over 100 million pieces s ONE: Use Occam’s Razor Big projects are seductive. They are also inherently risky, costly, complicated and come laden with poor track records. William of Occam, a 14th century logician, wrote “Entities should not be multiplied unnecessarily.” Albert Einstein restated this as “Everything should be made as simple as possible, but no simpler.” Apply their advice. Break up large projects into simpler, smaller projects or phases. Delineate each phase by its ability to provide an immediate and direct business benefit. This approach has five benefits: 1. Requirements are simplified. With tighter constraints, requirements gathering quickly centers on the most crucial. Time-box the remainder as “nice-to-have.” Done well, requirements will be easier to understand, have clear connections between them, and should be easier to complete. TWO: Buffer Consistently Critical Chain Project methodology suggests minimum 20% buffers in your project schedule. Many Finance organizations expect a 10-15% cost buffer over initial estimates on major projects. And in his book Slack (2001), Tom DeMarco points out that to be their most effective, people need approximately 20% slack or downtime during their workday. Ironically, many project managers set up a 20% buffer in their schedules and a 10% fudge factor in their budgets yet leave their people a 0% buffer. Thus, before scope “creep” or other project changes or problems, the chances for success have been cut by one-third. Tackle this head-on with third grade math: prior to establishing a budget or plan, assume a 6-hour workday (20% buffer) at 15 project-focused workdays a month (after factoring in vacation, illness, holidays, company meetings, etc.); in other words, 90 hours of project work a month per team member. THREE: Prioritize the Soft-Side Because projects are run for and by people, the primary role of the project leader is managing the “soft” people issues. The mistake most IT organizations make is to use the project leader to manage schedules, track metrics, control costs, assign resources, handling reporting and so forth. Instead, our experience has shown that successful project leaders focus first on five tasks: 1. Run “interference” for the project team(s). Projects can quickly become politically complicated. By minimizing the impact of politics on the project team members, the project leader reduces the risk of delay and scope “creep.” FOUR: Communicate to Ensure Accountability According to Labformatics, one of the top reasons that IT projects fail is lack of responsibility over the project by both project teams and the customers. Take a page from the nonprofit marketplace and utilize three communication tricks to continually draw in end-users and sponsors. First, build a simple, no frills website focused solely on the project itself. The site should contain the following: Small Business Ideas for Working at Home rapidly delivering smaller project phases for people to easily see what they are getting for their money, time and effort.Almost everyone it seems thinks that working from home is a great goal. This is very true, if you have the discipline to stay focused without constant supervision. There are literally thousands of small business ideas with many that would allow you to work from home. Here are a few things to consider before you quit your job and follow your dreamFIND WHAT YOU LOVE TO DO The key to any successful small business is to understand the market and your own personal talents. It doesn't matter that some businesses may offer more money. If you don't love the work, you won't be willing to make the effort necessary to be successful in any small business. Unlike corporate America, and small business is a lot like a small child. Both will depend on you and your decisions to help them grow and stay healthyDECIDE WHAT IS SUCCESS The definition of success is different, for many of us. For some it's loads of money in the bank. While for others it's having more time to spend with family and friends. Only you can decide how much money is enough.For some, a successful small business might generate enough money to let a spouse stay home or go to 4. Smaller phases are simpler to manage, perform quality and compliance checks on, fix, tweak or debug, and modify as environmental factors demand. 5. Phased projects are more easily paused (or halted altogether) as business conditions change. Personnel can then quickly pick up other activities. TWO: Buffer Consistently Critical Chain Project methodology suggests minimum 20% buffers in your project schedule. Many Finance organizations expect a 10-15% cost buffer over initial estimates on major projects. And in his book Slack (2001), Tom DeMarco points out that to be their most effective, people need approximately 20% slack or downtime during their workday. Ironically, many project managers set up a 20% buffer in their schedules and a 10% fudge factor in their budgets yet leave their people a 0% buffer. Thus, before scope “creep” or other project changes or problems, the chances for success have been cut by one-third. Tackle this head-on with third grade math: prior to establishing a budget or plan, assume a 6-hour workday (20% buffer) at 15 project-focused workdays a month (after factoring in vacation, illness, holidays, company meetings, etc.); in other words, 90 hours of project work a month per team member. THREE: Prioritize the Soft-Side Because projects are run for and by people, the primary role of the project leader is managing the “soft” people issues. The mistake most IT organizations make is to use the project leader to manage schedules, track metrics, control costs, assign resources, handling reporting and so forth. Instead, our experience has shown that successful project leaders focus first on five tasks: 1. Run “interference” for the project team(s). Projects can quickly become politically complicated. By minimizing the impact of politics on the project team members, the project leader reduces the risk of delay and scope “creep.” FOUR: Communicate to Ensure Accountability According to Labformatics, one of the top reasons that IT projects fail is lack of responsibility over the project by both project teams and the customers. Take a page from the nonprofit marketplace and utilize three communication tricks to continually draw in end-users and sponsors. First, build a simple, no frills website focused solely on the project itself. The site should contain the following: Medical Conferences s a month (after factoring in vacation, illness, holidays, company meetings, etc.); in other words, 90 hours of project work a month per team member.Medical conferences brings physicians and researchers together to present and discuss their work. These conferences provide an important channel to exchange of information between health care professionals.Professsinal medical conferences can expose those in the field to new ideas and skills. They are considered essential in the field to keep abreast with new techniques and methodologies that those in the profession need to ehance their practice or research. If your in the medical field have attending a conference is in your future, there are some tips that will make your conferencing experience rewarding for you.Think about your primary reason for going to the conference and what you expect to gain from it. Neworking with co-workers is always advisable, but you should limit conference networking to those who can give you information that you are looking form.Before arriving at the conference, look at all the brochures, shedules, etc. that were sent to you, so that you have a pretty good ideas about what sessions you want to attend and who is presenting. Make sure you take a notebook, pen and plenty of business cards. Take organized note THREE: Prioritize the Soft-Side Because projects are run for and by people, the primary role of the project leader is managing the “soft” people issues. The mistake most IT organizations make is to use the project leader to manage schedules, track metrics, control costs, assign resources, handling reporting and so forth. Instead, our experience has shown that successful project leaders focus first on five tasks: 1. Run “interference” for the project team(s). Projects can quickly become politically complicated. By minimizing the impact of politics on the project team members, the project leader reduces the risk of delay and scope “creep.” FOUR: Communicate to Ensure Accountability According to Labformatics, one of the top reasons that IT projects fail is lack of responsibility over the project by both project teams and the customers. Take a page from the nonprofit marketplace and utilize three communication tricks to continually draw in end-users and sponsors. First, build a simple, no frills website focused solely on the project itself. The site should contain the following: Precision Machining nd project sponsors. The project leader must continually ask, “why.” Press for specific answers on how the change, the additional goal, etc. get the project closer to completion. Ultimately, the business needs the project completed to reap the benefits.Precision machining involves producing of metal parts, which are extremely intricate and are mainly made from thin metal sheets. Besides precision metal parts are often custom made for specific purposes. However there are distinct techniques such as chemical etching, metal stamping, and RF shielding for producing precision metal parts.The chemical etching process is mainly used for producing precision metal parts. The machining system offers great flexibility for producing precision metal parts, with unusual configuration as well as metals with tight tolerance within .0005". Besides the chemical etching machines are capable of producing, small holes and bars that are not possible with most stamping process. The chemical etching machine uses state-of-the-art-CAD software enabled with ? mil resolution in the production process, which facilitates speedy and low cost operations. The machining system is ideal for both the prototype, and production of large quantities of precision metal parts. Chemically etching machined products also play a significant role in supporting the NASA research system.Similarly the metal stamping machining process, which 5. Perform quality checks at a regular interval on the schedule, the budget and the expectations of everyone involved. These are not detailed-oriented checks, but rather 10,000-foot reviews. Pick 3 random items and delve more deeply by probing with five or more questions each. FOUR: Communicate to Ensure Accountability According to Labformatics, one of the top reasons that IT projects fail is lack of responsibility over the project by both project teams and the customers. Take a page from the nonprofit marketplace and utilize three communication tricks to continually draw in end-users and sponsors. First, build a simple, no frills website focused solely on the project itself. The site should contain the following: You can also post the original business case as well. Second, regularly distribute a short e-mailed newsletter with quick 8-12 word updates and links to the project website for more information. At minimum, the project update must address two ever-present questions: • “when are we getting the business benefits from this project?” Consider using the “5-15” rule: the update should take you no longer than 15 minutes to write and take the reader no more than 5 minutes to read. Third, set up an unstructured blog environment for the project team members. This is critical if your project is being worked on by virtual or remote project teams, or is in 24-hour shift mode. The goal of the team blog is simple: keep everyone informed. FIVE: Apply the Pareto Principle In the 1800’s, Vilfredo Pareto discovered that a small portion of any activity produces a majority of the results. Now called the 80/20 Rule or the Pareto Principle, its application in the IT world is essential to project success. The Pareto Principle is intuitively being applied when you hear the phrase “good enough.” In essence, if approximately one-fifth of the project will produce about four-fifths of the benefits, then identifying the essential one-fifth of the project will allow you to quadruple your results. There are two techniques to determine which efforts produce 80% of your results: 1. Ask your customers and your team, “what of our efforts are producing most of the results for you?” Be ruthless; eliminate or postpone every trivial task that does not directly contribute to the delivery of the business benefits of the project. SIX: Use Two Linear Betas All good IT projects have a beta phase. The mistake many project managers make is to set up a group of users or IT personnel as a beta rollout group without keeping in mind the ultimate project goals. To improve your results, set up two sequential beta rollouts. Beta 1 is strictly for IT personnel who support the various departments that will be using the system (for instance, IT department liaisons). They will provide your project team with a mix of real-world testing and tweaking while gaining valuable experience and comfort with the new system. After the project team has had a chance to address the issues from Beta 1, set up the Beta 2 group: users from each of those departments. Preferably, select two users from each department, one who has and one who has not historically been friendly to IT projects. The latter represents the one-fifth of users that provide you four-fifths of your results. Final Thoughts The more projects you complete successfully, the more credibility you gain. Delivering high levels of business value will bring you, and your business, the success it deserves. Are you ready? Copyright 2006 John Avellanet
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