|Topic : Ensuring IT Project Success Through Effective Collaboration||
Asked by : Raghu Kastury, Principal Consultant & Head of Strategic Business Unit - Retail & Distribution, Sundaram Infotech Solutions Limited
Industry : Management & Strategy Consulting
Functional Area : Change Management
Activity: Question posted: 05 01 2009 06:57:11 +0000, 22 answers, 1212 views, last activity 10 13 2013 03:37:17 +0000
Usually we find lot of material everywhere talking a lot about what are the pit-falls in a project or somthing of similar activity. We seldom find, people write why a particular project has chances for success. We only write in advance why a project can fail.
Though it is good to identify risks and mitigate, talking about the conditions that succeed also are as importnat.
Raghu, a gem of question for the senior executives in the management board.
Based on the strategy, the ROI, the mangement does the investment. Whether that investment will be success or failure? depends on the many points.
Busuiness Case (Thro Analysis - Covered all the Risks, have migitation in place)
Political Enviroment in Local/Global - This plays a major role
But when the company is investing it is always predicting success (apart from non commerical companys) but the road ahead is full of planning, execution & monitoring and controlling. If they are predicting failure and going ahead then they are answerable to all the stakeholders.
PREDICTION OF SUCESS IS ALWAYS DIFFICULT, IT CAN ONLY BE ACESSED BY A VERY INTELLIGENT ANALYST HAVING IN DEPTH KNOWLEDGE OF THAT PARTICULAR FIELD.AFTER ALL THIS THERE ARE CERTAIN POINTS SUCH AS 1. NATURAL CLAMITIY OR DISASTER MAY EFFECT THE SUCESS.
2.UNREST IN THE AREA DUE TO ANY UNEXPECTED REASON.
3.POITICAL CHANGES CAN ALSO EFFECT THE PROJECT.
I feel pridicting failure is more easier than pridicting success because when you predict success people dont agree with your view but they will always acompany you whnever you are predicting failure... & thats bez converting that success prediction into reality is far more difficult than failure.....
Good Question. Dear Mr. Raghu Kasturi,
Both are equal, especially in the sales field. When you go on Comparing the last year sales figures, present market reaching (suply system) position, competitors activity, pricing of the product, expansion of market out lets etc. takes us towards success. Keeping on mind If we take a little hard work deffinitely figures rise. Every success backed by hard work. Then only prediction will be fruitful.
On the other hand any one of the above lacked, automatically no prediction is essential, what will be happened. For a successful salesman, his hard work is only prediction. His overall grip on the market, undecreased faith in the product, leads him towards success.
We can predict success if we have the ability to track the project or any work from the beginning. What is the need of the project? Business process and how we are going to add the value to our customer. We should extract these things before we kick off the project. Time management. We should have passion and motivation and should not behave like a school student. We cannot predict on the advance. When everything is on the right track we can say it.
Non of them is pridictable so as to say is easy. But yes if somebody fails others out of sympathy say "did I not told you". In the case of you are struggling they wil give you unsolicited advices and even would want you to hear them and do what they are saying. But if somebody gets success they first become serious than they will say this is the right path one should follow.
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