IT projects risks, success and failures Essay Example | Topics and Well Written Essays - 500 words

IT projects risks, success and failures - Essay Example According to Lindquist (2005), to avoid this, Cox Communications did employee empowerment first. They did this by training them on how the system is used to increase ease of adaptability. They also monitored the whole process by drafting an implementation chart which gave timelines on implementation schedule. This helped it have a successful software addition which improved its data handling capabilities. Ford Motor Company decided to replace their old purchasing and procurement systems with a new system. This was to manage their huge transactions; it was also set to provide financial analysis tools which could provide real time results. It was christened the â€Å"Everest† project and was to move supply systems to an internet based model, powered by Oracle as the service providers. This program later has proven to be a costly and involved redistribution of IT staff who were sent to the outlets to upgrade the systems. The company had not fully appreciated the software because the project team gave no clear directions on implementation schedules. Luck has no place in determining success on projects initiated by companies or individuals. What it takes is an adoption of a working formula that ensures the various implementation steps are followed. The first activity done in such kind of a project is needs assessment which looks into the risk factors while at the same time assessing the pros and cons associated with the new system. The management then delegates duties to employees based on areas of competence.