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Big, Hairy IT Projects
InformationWeek catalogs several large IT projects which ran awry. With 1-2 degrees of separation I have known of several of the projects and could tell you a few more tales about many of them.
But step back and look at the numbers objectively: In total, all these projects do not make up even 5% of global IT spend in one year. Since these projects ran several years, the statistical odds of such overruns are not really that surprising.
Large, long term projects are inherently risky. It is a painful lesson most in the industry have learned, and more and more CIOs I speak to talk about constraints, rapid payback etc. Heck even Steve Ballmer of Microsoft talks about fast twitch projects. In some ways, Vista dwarfs most of the projects in the InformationWeek article.
October 23, 2006 in Industry Commentary | Permalink