Project Management

Be Objective, Part II

Jim Johnson
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Well-defined business objectives keep project managers and teams on track — and stakeholders honest. Cultivated from hundreds of workshops with IT executives and project professionals, here are three more key points in a series on developing clear business objectives, including the importance of speed, measurable steppingstones and ROI.

This is the second installment in a three-part series on developing clear business objectives. It is excerpted from “My Life Is Failure: 100 Things You Should Know to Be a Successful Project Leader” (Standish Group; 2006), a summation of 12 years of research — representing more than 50,000 completed projects — on why projects succeed or fail.
 
Together with user involvement and executive support, clear business objectives are one of the “Big Three” factors essential to project success, according to CHAOS University — Standish Group’s body of research and lessons learned derived from hundreds of workshops with IT project professionals over the past decade. In fact, these three factors account for 50 percent of CHAOS University’s success grade — that is, doing them well will get you halfway to a successful project.
 
Here are Points 4, 5 and 6 of the ten guiding principles, cultivated from Standish workshops, for developing clear business objectives on your …

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