August 2013
27
Tuesday

Project Success versus Project Value

CHAOS Tuesday: Conversations in CHAOS – #20: “Which is more important, project success or project value?” It turns out the project success and project value is orthogonal or at right angles to each other. The harder you strive for perfect success the lower your project value.  The harder you strive for greater values the lower the success rate. We know this because we have coded each of the 50,000 projects within the CHAOS Database a success rate and value rate. Each rate has a score from 0 to 100.  By grouping the projects by organization we can come up with a ranking by success and value. We then can compare the rankings. One of the items we discuss is another question “Is the traditional “triple Constraints” (cost, time, and quality) measurement still appropriate?” In this program we will explore:

  • Project success versus project value
  • Project War Stories
  • Examples of no value successful projects
  • Value of failed projects
  • Triple Constraints” (cost, time, and quality

Part of CHAOS Tuesday: looks at resources that an organization can use to help answer this question for your organization.





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Guests

Great Panel

This panel is made up of notorious IT executives. In these panels the IT executives discuss and debate critical issues. Guests on the panel include Jim Crear, Bob Kelley, Bill Niemi and Jennifer Lynch.

 

Robert Kelley

Robert Kelley is a senior professional with experience in IT from start-ups and Fortune 200 companies. Mr. Kelley has much experience with SAP and Oracle, especially in FDA compliance and governance.

 

Jennifer Lynch

Jennifer Lynch is Communication Manager for The Standish Group. Jennifer’s expertise is to create and execute an industry, press and customer communications strategy designed to increase the visibility and awareness of The Standish Group, its products, services, and corporate citizenship initiatives.

 

Bill Niemi

Bill Niemi is a professional IT advisor. For twenty-four years Mr. Niemi was a Technology Vice President of Fidelity Investments. During his time at Fidelity, Bill oversaw the a variety of system technical implementation for distributed systems, computer graphics, network protocols including decisions on operating systems, databases and middleware. Working at NBC News, Bill was a pioneer in computer graphics in reporting presidential campaigns. Bill is a graduate with a Masters degree from Rensselaer Polytechnical Institute.

 

Hosts

Jim Johnson

Jim Johnson is the founder and chairman of The Standish Group. He has been professionally involved in the computer industry for over 40 years and has a long list of published books, papers, articles and speeches. He has a combination of technical, marketing, and research achievements focused on mission-critical applications and technology. He is best known for his research on project performance and early recognizing technology trends. Jim is a pioneer of modern research techniques and continues to advance in the research industry through case-based analytical technology.

 

Jim Crear

Jim is the chief information officer and architect for The Standish Group International. He is an experienced executive with over 40 years of experience in the field of Information Technology. He has had a diverse career leading IT organizations in academia, biomedical, manufacturing, and software companies.

 

Rick Brutti

Rick Brutti has more than 30 years as an entrepreneur and business consultant, assisting companies in raising capital and financial management.

 

Steve Swartz

Steve Swartz is CEO at SIZZLE PR. Steve is a veteran in public relations, marketing strategies, promotional concepts and direct sales using online, print, broadcast and cable media.

 

The Standish Group

Hosts

Jim JohnsonJim
Johnson
Jim CrearJim
Crear

Guests

 Ilias Kontakos Ilias
Kontakos
Jennifer Drake FordJennifer Drake
Ford
Gail RaynusGail
Raynus
Beverly  FlaxingtonBeverly
Flaxington
Lee CunninghamLee
Cunningham
Lee GesmerLee
Gesmer

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