The Trillion Dollar IT Revolution presents a revolutionary idea with well-defined processes and procedures to significantly increase the success rate for IT projects.
Studies indicate that 30 – 70% of all information technology (IT) projects fail. Curiously, projects do not fail because of the technology or the choice of a procedure.
Projects fail due to:
- A lack of information given to the project team;
- Poor communication among the team members or between other groups and the team;
- Lack of confidence in the project among the team members assigned to the project;
- Lack of confidence by management in the team’s ability to solve problems.
A study conducted by the University of Mannheim concerning successful IT projects discovered that IT teams whose projects were successful worked fewer hours than other IT projects that were not successful. In other words, long hours and overtime does not contribute to and certainly does not guarantee project success.
From a financial perspective, the average company lists “at risk – projects” totaling $74 million every year.
The huge gap between projects initiated and projects successfully completed in IT project management begs to be addressed.
The primary purpose of this book is to convince IT managers that each IT project needs a coach. The dedicated role of an ITP coach dramatically increases the likelihood of success for IT projects.
By following the advice of a notable, “big thinker,” I attempt to make the vision behind the ITP coach approach very easy to understand:
“If you can’t explain it to a six year old, you don’t understand it yourself.”
― Albert Einstein