Pragmatyxs has been fortunate to be part of many successful projects. While we believe our essentials contributed to these results the real heroes are our customers. Without their vision, focus and steadfastness these projects would have at best been only marginally successful in meeting objectives or at worst costly failures that wasted valuable resources and potentially crippled the business.
In these trying economic times project undertakings must provide a measurable return and be delivered on-time, on-budget—failure is not an option!
As you consider transformative projects and position your business for future prosperity, take a moment to review the characteristics of success and the realities of project failures.
Studies conducted by The Standish Group, a Massachusetts based research group, have stated that more than 50% of software projects fail. This incredible statistic illustrates the perils that companies face when they set out to employ new systems and select partners to supply, implement and support those systems. The Standish Group has defined success and failure on projects into two “Top Ten” lists.
Ten Characteristics of Successful Projects
- User Involvement
- Executive Management Support
- Clear Statement of Requirements
- Proper Planning
- Realistic Expectations
- Smaller Project Milestones
- Competent Staff
- Clear Vision and Objectives
- Hardworking, Focused Staff
and what to avoid…
Ten Reasons Projects Fail
- Lack of User inputs
- Incomplete Requirements & Specifications
- Changing requirements
- Lack of Executive Support
- Technology Incompetence
- Lack of Resources
- Unrealistic Expectations
- Unclear Objectives
- Unrealistic Timeframes
- New Technology or Unproven Technology
To learn more about our Project Success Commitment and how Pragmatyxs can deliver standards-based solutions that optimize your compliance labeling and material tracking processes contact us today!