RSSGolden Rules to extract more value from IT Projects – KPMG
Excerpts from the KPMG Global IT Project Management Survey continued from here,
The following 'golden rules' summarize what organisations can do to extract value from thier IT investments and enable them to meet commitments most of the time.
- Govern to achieve: Establish an integrated governance framework – end to end – driven by executive (top management). Starting from business case to mesuring actual value
- Prioritize to realize: Enterprise wide prioritization process that objectively and continously evaluates projects to help maximize outputs.
- Align and Adjust: All initiaitives must be alligned with business strategyand where required adjust to maintain alignment.
- Safegaurd Value: Control benefits leakage by clearly defining what value you expect to receive, how will you get to it , When?…Reasses periodically.
- Hold to Account: Clearly defined individual accountability.Including integrating proposed benefits with operational plans and budgets
- Invest in people and process: Reorganize project desciplines, acknowledging the link between strategy and project execution
Prashanth RaiTag(s):IT+ROI, IT+Projects
