PM ADVISORY:

Improving Project Success Rates with Better Leadership

By Dr. Karen McGraw
Founder & Chief Knowledge Officer
Cognitive Technologies

Factual and anecdotal evidence confirms that IT investments are inherently risky. On average, about 70% of all IT related projects fail to meet their on-time, on-budget objectives to produce the expected business results. In one KPMG survey, 67% of the companies who participated said that their program/project management function was in need of improvement. Why?

A number of leading factors for project failure were suggested by the survey, including the “usual suspects”: unreasonable project timelines, poorly defined requirements, poor scope management, and unclear project objectives. Granted, all of these factors can play a role in project success. But are they the cause or project failure, or just a symptom of some larger issue?

In this article, we will discuss that the root cause for many of these common failure points is really the ability to lead projects, not just manage them.

To read entire paper >>

About the Author Karen McGraw Dr. Karen McGraw is the founder, Chief Knowledge Officer, and past president of Cognitive Technologies. Dr. McGraw has extensive experience in technology-based performance improvement solutions ranging from the design and implementation of computer-based learning and learning management systems, to expert systems, performance support systems, intelligent interfaces, and knowledge management systems. Dr. McGraw is a co-developer of the Performance DNA toolkit for analyzing human performance to diagnose improvement opportunities. To learn more about Cognitive Technologies, visit www.cognitive-technologies.com and to reach Dr. McGraw directly, contact her at kmcgraw@cogtechinc.com

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