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Archive for May 2010

Thu 13 May 2010

Encore of Collaborate 10 presentation: Reporting Options for Oracle E-Business Suite Projects

Posted by Kimberly Baker, under Project Portfolio Mgmt, Services.
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At last month’s Collaborate 10 conference, Project Partners delivered several presentations. Next week we’ll be presenting an encore of one of the most popular, via a free webinar. Read the rest of this entry »

 
Fri 7 May 2010

Project Portfolio Myths Impacting Business Decisions Today

Posted by Kimberly Baker, under Project Portfolio Mgmt. Tags: , , , , ,

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By Robert D. Anderson, CPA

An article by Adam Bookman provides an interesting perspective on why about 68% of IT projects fail to deliver the original desired benefits. He quotes from a study done by the Standish Group that identifies three primary reasons:
1. The initiative was outsourced to IT and not owned by the business
2. The right tool drives success
3. Best Practices represent the best starting place

Looking back over 20 years in the Accounting and Finance role at major US firms and another 14 years consulting with large international companies, these findings agree with my observations. The most successful initiatives have always been the ones where people in the direct operational area take full ownership and IT plays a supporting rule. The worst initiatives have been the ones solely driven by IT with no business buy in. Read the rest of this entry »