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This website is open to anyone interested in Project Portfolio Management (PPM). The site will give you access to material covering latest industry thought leadership, PPM methodologies and techniques, PPM related business challenges, solution / product material, case studies, white papers, book reviews and comments from our PPM experts.

Archive for December 14, 2006

More on why IT Projects Fail

Following on from our eariler article - Seven Deadly Sins of IT Projects - I’ve come across an excellent posting from the Brown Consulting Blog on the same subject that I would like to share with you all.

According to a recent report from the UK National Audit office about IT project failures, the following reasons were cited as the top reasons for failure:

1. Lack of clear link between the project and the organization’s key strategic priorities, including agreed measures of success.

2. Lack of clear senior management and Ministerial ownership and leadership.

3. Lack of effective engagement with stakeholders.

4. Lack of skills and proven approach to project management and risk management.

5. Too little attention to breaking development and implementation into manageable steps.

6. Evaluation of proposals driven by initial price rather than long-term value for money (especially securing delivery of business benefits).

7. Lack of understanding of and contact with the supply industry at senior levels in the organisation.

6. Lack of effective project team integration between clients, the supplier team and the supply chain.

To read on click here

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Embracing Project Portfolio Management

According to Jeannette Cabanis-Brewin, Project Portfolio Management (PPM) should be something that every project manager should embrace…and we agree.

According to Jeannette, there are 3 reasons to embrace PPM:

1. PPM brings realism to an organization’s planning processes.

2. PPM brings rationality in the allocation of resources, both human and financial.

3. PPM brings visibility to project work and project people.

Jeanette’s article presents a solid argument for PPM.

For those of you who want a quick overview here’s a basic primer.

Click Here to read argument (Posted on Brown Consulting Group Blog)

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