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Showing posts from February, 2018

How And Why Is The WBS Constructed And How Can It Be Used To Identify Risk.

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The work breakdown structure is a hierarchical decomposition of the total scope of work to be carried out by the project team to achieve the project objectives and create the required deliverables. With a WBS, you begin with the desired outcome, then break it down into the smaller deliverables or tasks needed in order to create it. Why is the WBS constructed: ·          Provides a visual representation of all parts of a project. ·          Offers an on-going view for management and team members into how the entire project is progressing.  ·          Defines specific and measurable outcomes. ·          Provides a foundation for estimating costs and allocating human and other resources. ·          Ensures no overlap and no gaps in responsibility or resources. · ...

The Project Definition Phase

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The project definition phase provides the groundwork for project planning. It comprises of key activities and outputs and it minimises certain risks. In this blog I will discuss the above mentioned. When starting a project the goals and objectives should be defined. Enough time has to be taken in this step by the project team and the management in order for the project to be successful. Goals are the “ what ” and the objectives are the “ how ”. Key Activities & Outputs: Defining the project:   1: Defining the Project Scope-    This is the process that is required in order to ensure that the project includes all the work that is necessary, and only it, so that the project is complete with no errors. 2: Establishing Project Priorities- Assessing the impact of change or variance on project’s scope, duration, cost, and risk.   Then you can deal with the opportunities and problems under these 4 factors.   Seeing what you should const...

Small, Medium, and Large IT Projects: Why they fail?

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Not all projects that are being carried out in an organisation succeed. A study shows that small IT projects are easier to manage and execute, while a failure rate for larger projects that are over $1 million have an almost 50% higher failing rate than the small ones.   There are three classifications of project sizes, small, medium and large, each have their own rate of failures. Small IT projects that cost less than $350,000 have a failure rate of 20% while medium sized projects have a rate of 25%,  and large projects fail 28% of time.  So, why do these projects fail? there are a number of reasons that contribute to the failure of IT projects and these include poor quality, cancellation after launch, high cost variance, substantially late, and functionality issues.  One of the main reasons for projects failure comes from the lack of communication and pressures of top management. They put a lot of stress on project leaders shoulders when it ...