Research: Project Management Survey

 
 
By eweek  |  Posted 2004-07-16 Print this article Print
 
 
 
 
 
 
 

CIOs are knee-deep in IT projects these days. But when it comes to managing these initiatives, companies often lack discipline, thanks to half-hearted involvement and insufficient follow-up. Could a project management office help? Download this month's
  • 53% of CIOs say their IT project prioritization is politically driven

  • 40% of cios use a portfolio management approach to it projects

  • 66% of it projects during the past 12 months came in on or below budget

  • 13% of IT projects failed to meet the goals of it and business management
    To download the complete survey and results, click here.

    The sheer number of IT projects managed in the last year by the 507 companies we surveyed this month is overwhelming. And when you look at the management capabilities these companies are applying to the task, its downright worrisome: Just two thirds of our respondents companies are disciplined about setting and sticking to IT priorities and involving all business and IT stakeholders in setting project priorities, while less than 60 percent review completed projects to see if they achieved intended goals. Worse, more than half of IT executives say the IT project prioritization process is politically driven. While 86 percent of those who use a project management office say it leads to more successful projects, only 40 percent of CIOs say they have a PMO in place. No wonder only two thirds of projects are likely to come in on budget, and less than 60 percent are likely to achieve ROI targets.
    One hopeful sign: Respondents overwhelmingly agree that portfolio management techniques lead to better investment decisions, and 40 percent of them are using this approach.
    Check out eWEEK.coms Infrastructure Center at http://infrastructure.eweek.com for the latest news and analysis on servers, switches and networking projects.
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