Project Management

Killer Project

Kathryn M. Denton
Statisticians will probably tell you that the best way to decide what to do in the future is to evaluate statistics based on past history and projections. That method certainly has proven itself in many situations. If that is your preferred approach, there are plenty of trend analysis websites (like Plunkett Research, LTD) more than willing to sell you their research. These reports can save you precious time.

The flaw in predicting the future based on the past is that sometimes they have nothing to do with each other. When a new product is invented that is the first of its kind, no past analysis would help. But there is an interesting phenomenon in technology that gives you a jump on your customers. Many business customers are notoriously slow to embrace new technology. This is partially because they are appropriately risk averse, but also because it is far more expensive and difficult to roll out applications across a business than it is to install one on an individual PC.

Whatever the reasons, the delay buys you time. Time to figure out what it is the business clients will demand and when. Here are some tips that will help you pick the next killer project, before the demand surfaces.

Observation
By observing several factors that are at the leading edge of change, you can see what is coming. First, see what the tech gurus are experimenting with. If they find something …


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"I'm glad I did it, partly because it was worth it, but mostly because I shall never have to do it again."

- Mark Twain