A blog to offer ideas, suggestions and techniques to turn around or fix troubled or failed IT projects

Ways to Ensure IT Resources are Invested Wisely Through Governance

by Mark Davison March 2. 2011 22:25

View each project as an investment and make sure the value and return meet minimum requirements
Enforce the “rules” for good governance – follow the process, complete deliverables completely/accurately/thoroughly, obtain appropriate approvals, etc.
Look to reuse assets – hardware, software, equipment, infrastructure – whenever possible
Hold people accountable to implement decisions, whether to meet time deadlines or project milestones, or quality and performance requirements, and impose appropriate consequences – both good and bad – fairly and consistently
Implement budget savings as projected – so if a project claims to save $500,000 next year, the area expecting the savings should have $500k less in their budget next year (thus requiring the organization to take the savings and investment in the project seriously)
Conduct post implementation reviews and audits, ensuring that strengths and weaknesses, successes and problems, etc., are shared, and lessons learned are incorporated into projects going forward
Set the right tone for managers and staff to treat these investments in a businesslike manner, to be guardians of time and resources, to be expeditious and efficient in their work, and to know that the business is serious about achieving the savings and benefits

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