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 LinkedIn
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/article2.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
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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 LinkedIn