Implementing A Project Management Methodology

1769 WordsApr 17, 20168 Pages
The use of structured methodologies in IT Project management is increasingly recognised as one of the fundamental drivers in reducing the likelihood of incomplete and costly IT project failures. The need for a systematic approach has been highlighted through a number of survey results on the failure of IT Projects. These results demonstrate that the significant issues associated with failed projects include the lack of; a defined project organisation, policy and procedures, implementation plans and integrated methods (Taylor 2003). It is apparent that these recognised issues can be significantly reduced through the implementation of standard project management methodologies. Lind and Culler (2013) completed research of 116 firms undertaking IT projects in the United States. Through their analysis, they found that the projects that were maintaining best practices in project management also experienced the greatest success in their information technology projects. There are a number of recognised standards and methodologies that can be used to manage IT projects and allow them to be executed successfully and efficiently. Some of the key benefits for an organisation implementing a project management methodology include: • Project managers & teams experiencing a greater transparency and awareness of the project status, timescales and the importance of scope creep. • Customers receiving a greater level of accuracy in project status reports. • Common processes and communication
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