Business Leaders: Get an IT Governance Audit Before Tackling Your Next Corporate Project

–          By Andréa Nadeau, Business Analyst, Tango Technology Group

The Project Management Institute (PMI) runs an annual global survey of project management leaders and practitioners called the Pulse of the Profession.  Last year, participants reported that 36% of projects failed to meet their original goals and business intent. These participants went on to report that when a project gets labeled as a failure, its budget is cut by one third.

This is especially problematic given that project support and maintenance costs kick-in post deployment. Suddenly, a project manager can find herself left with a third of her original budget to fix what went wrong, while responding to client requests for enhancements.

Turning to IT for Leadership & Structure

The IT Department can provide leadership and structure to systems and processes that help organizations attain strategic goals and objectives.

When your next corporate project kicks-off, it’s likely that IT will be involved, given that most business activities require at least one of their services – from hosting and development to workflow process automation.

Assessing Whether IT Can Deliver

Odds are good that IT’s deliverables will require a sizable portion of your budget, and their tasks will represent a significant amount of burn time within your project’s schedule. Depending the IT Department’s workload and available resources, you may be concerned about its capacity to deliver on time, on budget and in scope.  If that’s the case, it’s time to perform an IT governance audit.

An IT governance audit will provide you with an assessment of your organization’s IT leadership and high-level IT activities. You’ll acquire a better understanding of:

  • IT’s corporate structure and leadership
  • Current capacity levels, ongoing and upcoming projects
  • The project management framework that will be applied to your tasks and deliverables
  • The effectiveness and efficiency of how existing systems and processes are being managed
  • Performance measurement, compliance and quality management practices

While you may have a sense of the corporate risk appetite, an IT governance audit will point out the project delivery, operations and service delivery risks. You can’t afford not to understand the risks associated with owning, operating and adapting technology to fit your operations.

Embrace IT governance, mitigate your risks, and your project will be a success!

Contact us at Tango Technology Group to schedule an IT Governance Audit.

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