Initiation Phase of a Large IT Program: Key Points to Keep in Mind

Share  
1  |  2  |  3  |  4  |  5  |  6  |  7  |  8
Previous Next

Click through for six key activities that need to be completed during the program initiation phase, as identified by Virtusa.

Topics : A Big Market for Big Data Jobs, Midmarket CIO, IT Management Automation, SharePoint, Technology Markets

Many global companies are using business transformation initiatives to meet changing market needs. Implementing large IT programs is a key component of these change initiatives. Given that the failures of such programs are now commonly discussed, a recent McKinsey/Oxford study highlights that the failure rate of such programs is indeed more often. According to the study, half of IT projects with budgets of over $15 million run 45 percent over budget, and 7 percent are behind schedule and deliver 56 percent less functionality than predicted. What should organizations do to mitigate failure of such programs, and successfully implement their program?


According to Virtusa, most IT programs struggle during the initiation phase since key program management activities are not completed to effectively start the program. This leads to longer startup times and missed budget targets, even before the program begins. The model outlined by Naushad Kapasi, associate director – client services at Virtusa Corporation, contains the key activities that need to be completed during program initiation.

 

More Slideshows

GlassdoorNetworkMistakes0x Six Networking Mistakes Job Seekers Often Make

If you've been spending hours networking but don't feel that efforts have produced positive results, it's possible that you're making some very common networking mistakes. ...  More >>

Global8-290x195 Five Disruptive Forces Changing the Role of the Systems Integrator

The cloud is transforming the SI focus from implementation/customization to long-term business solutions that deliver the agile, future-proof technology roadmaps today's C-level executives demand. ...  More >>

Building5-190x128 The 10 Fastest Growing IT Job Markets in the U.S.

Where are these jobs being creating? It might surprise you to know that many of the jobs are appearing in the South and Southeastern U.S. ...  More >>

Subscribe to our Newsletters

Sign up now and get the best business technology insights direct to your inbox.