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Building Confidence in IT Programs

Posted. 16.12.2011

Overview

Facilitating success through program risk management.

We believe there has never been a better or more important time for organisations to review how they plan, execute and realise benefits from strategic IT programmes.

Organisations are looking to IT as a key enabler to help them realise business strategies, improve productivity and obtain a competitive advantage through product and service innovation. IT is a focal point for executives seeking to drive cost competitiveness and transformation agendas that have become part of the global economy over the past three years.

But even as IT investments are again set to increase significantly in the coming years, strategic IT programme success rates are still underperforming and in need of attention by organisations looking to spend their hard-earned capital wisely. Strategic IT programmes are clearly on the rise, but so are expectations. Organisations are realising they must respond to increasing pressure to improve the return on their programme investments. Today's strategic IT programmes are not only expected to be delivered on time and on budget, but also to deliver multiple, high-level business benefits.

Key issues to blame for failures in IT programmes are often not identified properly until after they have occurred. By the time issues are identified (often in a crisis), it's too late to for a positive outcome, and even the time for damage control is limited and sometimes missed altogether.

Organisations need to challenge the status quo and ask themselves how they can better manage risks around underperforming programmes and improve performance rates to deliver sustained benefits. IT programme risk management (PRM) can help to increase the success of strategic IT initiatives. IT PRM provides the means to better protect organisations from common IT programme pitfalls and increase the likelihood of delivering successful programme outcomes.

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Competing for Growth - Chapter 1

Competing for Growth - Chapter 1