Monday, February 22, 2010

Project Management

Interesting readings on Project Management

IT Projects Lessons
  • 31% cancelled
  • 53% cost 189% of budget
  • 16% completed on‑time, on‑budget
  • Large organizations: only 9% successful
  • Avg time overrun is 229%
Laws of Project Management
  • No major project is ever installed on time, within budget, with the same staff that started it. Yours will not be the first.
  • Projects progress quickly until they become 90% complete; they remain at 90% complete forever
  • One advantage of fuzzy project objectives is they let you avoid the embarrassment of estimating corresponding costs
  • When things are going well, something will go wrong
    • When things just can't get any worse, they will
    • When things appear to be going better you have overlooked something
  • If project content is allowed to change freely, rate of change >> rate of progress
  • No system is ever completely debugged: attempts to debug system inevitably introduce new bugs that are even harder to find
  • A carelessly planned project will take 3x longer to complete than expected; a carefully planned project will take only 2x
  • Project teams detest progress reporting because it vividly manifests their lack of progress

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