Can Technology Solve Project Execution Problems Presented by

Can Technology Solve Project Execution Problems? Presented by: Curt Finch, CEO Journyx, Inc.

Curt Finch, CEO, Journyx Email: curt@journyx. com Twitter: @curtfinch Connect with me on Facebook or Linked. In

The Project Execution Problem The Standish Group CHAOS Report 2009: - 68% of technology projects failed Project management technology is only as good as the processes that support it

Chaos Report History 1994 1996 1998 2000 2002 2004 2006 2009 16% 27% 26% 28% 34% 29% 35% 32% Challenged 53% 33% 46% 49% 51% 53% 46% 44% Failed 40% 28% 23% 15% 18% 19% 24% Successful 31% *We found 12% in 2003

Activity: Movie Analogies Think of 1 -2 movie titles that best describe a project you've worked on. Example: “The Perfect Storm”

Have You Had Projects That Could Be Titled One of These? The Horror of it All Flirting with Disaster Too Late the Hero As Good As It Gets Race Against Disaster From Hell to Heaven Great Expectations Heaven Help Us Mission: Impossible The Titanic Gone with the Wind Happy Accidents A Change of Plans Amityville Horror The Good, The Bad & The Ugly

Why Projects Fail? 1. 2. 3. 4. 5. 6. Unrealistic or unarticulated project goals Inaccurate estimates of needed resources Badly defined system requirements Poor reporting of the project's status Unmanaged risks Poor communication among customers, developers, and users 7. Use of immature technology 8. Inability to handle the project's complexity 9. Sloppy development practices 10. Poor project management 11. Stakeholder politics 12. Commercial pressures http: //en. wikipedia. org/wiki/Software_project_management#cite_note-1

Study using 4 tools, 3 teams in control, 4 in experiment • Charter • Buy in • Conflict checklist • Conflict management Results: Project satisfaction 4. 5 vs. 2. 5 Communications effectiveness 4. 75 vs 2. 5 Moral – Tools can drive behavior http: //jitm. ubalt. edu/XVI-1/article 2. pdf

Steps for Success 1. Use Time Tracking Data to Determine Project Cost tkg

Steps for Success 2. Manage Resources Effectively - Who is working on what? - Who is behind schedule? - Who is available for the next project? - Who is overbooked?

Steps for Success 3. Monitor Project Status - How many actual hours remain? - Update project plans - Improve estimation for future projects

Steps for Success 4. Communicate and Collaborate - Multiple teams, multiple time zones - Language and cultural barriers nuk

Steps for Success 5. Prioritize Quality, Schedule & Cost - Balancing triple constraint - Are you delivering something valuable in the end?

Technology & Process: A Winning Team

Questions & Answers

Thank You! Journyx helps customers intelligently invest their time and resources to achieve per-person, per-project profitability. Curt Finch, CEO, Journyx Email: curt@journyx. com Twitter: @curtfinch Connect with me on Facebook or Linked. In