17 Power BI Myths and Misconceptions Busted | Uncover the Truth
Did you know that 70% of CTOs (Chief Technology Officers) hesitate to adopt Microsoft Power BI because of its myths and misconceptions that float around. What they fail to see is...
iFour Team - May 09, 2017
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What were the causes which resulted in project failure? How to manage software projects in a best way to avoid excessive costs, risks in software development companies ?
A survey done by KPMG on the Unsuccessful Information Technology Projects revealed that the three most common reasons for project failure are:
We need to ensure that the detailed work has to be mapped out over the next few months to ensure that the project resources are correctly assigned once the project actually begins in the IT organization. These include how we manage scope, issues, risks, work plan, etc
The past failure should not de-motivate the project managers from further efforts. The instances of IT project failures gives us the opportunity to focus on the relevant aspects that can be derived from vulnerable areas where IT projects are more likely to fail.
Managers can review the following points to reduce the probability of project failure by considering the following ways:
In avoiding the above points, it can help the Project Manager to mitigate risks associated with Project Management that can led to failure of IT projects in software development companies.
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