Project Management

Development Budgets On Rise, PM Challenges Remain

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A new survey finds that more software development professionals and executives see IT budgets increasing, but project scope and estimation are still concerns.

A recent survey of more than 6,000 senior-level business leaders and software development professionals found that 60 percent of respondents reported increases in 2009 IT development budgets, despite the uncertain global economic climate, and that 26 percent said budgets had increased in excess of 10 percent over 2008 expenditures. SoftServe, a provider of software consulting, development, testing and lifecycle services, sponsored the survey.
 
Beyond a majority increase in 2009 development budgets, the survey offered other notable findings:
 
Eighty-seven percent of respondents reported comfort with their company’s basic coding skills, but overall design, process and execution approaches to development were reported to come up lacking. In fact, 36 percent of respondents indicated a need for improved project management and identified project scope and estimation as an area for concern. Thirty-four percent said they needed help in defining business requirements for development projects.  
 
When queried on third-party interaction and resources, 38 percent of organizations indicated the use of some type of software development outsourcing. While outsourcers varied widely by location, two-…

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