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Is There a Foolproof Approach to Implement IT Projects?
Strategic IT projects are successful when they are aligned with business and financial goals, according to Craig N. Birkelund, Senior Engagement Manager, Banking and Capital Markets group, Infosys, and Yogesh S. Kulkarni, Principal Architect, Banking and Capital Markets group, Infosys. In an article published in Waters magazine, our experts analyze the root cause of project failure, identify the business drivers and share implementation strategies for strategic IT projects .
Craig and Yogesh believe that the common thread running across delayed and over-budget projects is the quality and quantity of pre-development system implementation planning. These factors cannot only be avoided from the outset, but can also be tracked and addressed before delivery.
Our experts propose a methodology that helps you identify the business drivers, evaluate your options and formulate an implementation approach.
Key takeaways of the methodology
- Determine and prioritize the drivers that form the basis of an implementation strategy
- Drill down the business drivers into a set of business, technology and delivery parameters to facilitate a quantitative evaluation of implementation options
- Apply the business drivers to a scorecard and assign relative weighting to them
- Adopt the ‘single release’ approach or ‘multiple incremental releases’ approach based on business drivers
- Compare the scores associated with each driver to arrive at an optimal implementation option
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