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The I.T. sector has a history of delivering projects late and over budget
Just under half of projects come in on time, on budget and deliver what they set out to do. The rest go on to cost their companies a fortune. As we rely more and more on I.T. to deliver competitive advantage, the ability to manage projects is a critical skill that must be developed and maintained in order for companies are to survive.
The small percentage of companies that do deliver on time see a fantastic return on their investments
Being able to deliver on time means these companies save a fortune by avoiding cost overruns, but that’s just the start of the story:
- They are able to develop new products and services and enter new markets
- They are able to retain their top talent
- They are able to plan ahead knowing that the funds they need will be there when they need them and won’t be squandered on failed initiatives
- They are able to invest the money they didn’t waste on failed projects
- They go on to even greater success because the effects of these advantages are compounded.
The main difference between these few companies and the rest is their approach to risk management
Most companies don’t know how to manage risks and don’t think that it’s important. Others believe that it’s important but that they don’t have the time to learn. Even those that do use risk management do so half-heartedly. Either way, the end result is the same – projects that fail to deliver on time go on to cost their company a fortune.
If you want your projects delivered on time and under budget you need to make risk management a priority for your key projects
The good news is that it is possible to learn how to manage project risks quickly. Once your project personnel understand the importance of risk management and the techniques they need to manage risk effectively, they’ll immediately transform the fortunes of your company. Instead of wasting money on one failed initiative after another you can instead invest it in successful projects, knowing that you’ll see a better, safer return.
Our approach to managing project risks has been proved to work and we can use it to help you
Nova Consulting helps companies to end the culture of failed I.T. projects so that they go on to get a better financial return on their investment. We do this by teaching project personnel both the techniques and the mindset of successful project managers. We can give your people the tools they need to deliver projects on time, but without the usual tricks that most people use to crawl over the finish line and appear to have delivered.
No constant re-planning. No de-scoping. No throwing money at the solution. No leaving the difficult parts of the project to “a later phase”. Just simple, practical approaches that work every single time. Guaranteed.
If you’d like to learn more about how we can help you end the culture of failed projects, please call us on +44 (0)7050 192277 or email info@nova-consulting.co.uk
