Not By Technology Alone

  ProjectsAtWork  

Project management software is more advanced than ever, but tools are only as good as the people and processes that use and support them. Here are five best practices that are indispensable to successful project execution. If they’re not in place, don’t expect technology to save you.

As project management technology grows in popularity, we can all assume that the problem of executing projects successfully must be solved, right? Wrong. Despite all of the technology solutions out there, The Standish Group has found that 68 percent of IT projects still failed in 2009. Does this mean that project management solutions are useless?

Project management technology is powerful and can definitely help companies achieve better results, but it is only as good as the processes and people that support it. Looking at the root causes of project failure and implementing the necessary changes that will enable the technology to work is the only way to achieve successful project execution. Here are a few ways to accomplish this in your organization.

1. Know True Per-Project Cost

We all know that people hate to track their time for a variety of reasons, but this can be a big problem because time data provides cost insight that you cannot obtain any other way. If you do not know how much time your team members are spending on various project tasks, you do not …

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