This document discusses factors for successful IT projects. It defines IT project management as applying techniques to execute a project from start to finish to meet objectives of scope, quality, time and cost. There are three restricting factors for all projects: scope, time and cost. A project manager can modify these to produce success. The document also discusses reasons for project failure like poor planning, incompatible hardware/software, and unrealistic timelines or budgets. It provides tips for predicting failure using a "15-15 rule" and knowing when to cancel a project.

1. Successful IT Project

2. Definition of IT project management
• Project management is the application of
modern techniques and management systems
to execute a project from beginning to end,
and to achieve predetermined objectives of
scope, quality, time and cost. Moreover, the
management of IT projects applied these
techniques to projects involving the design,
development, installation and implementation
of information technology, such as application
and network technology.

3. Basics
• According to the magazine Chief Information
Officer (CIO), there are three factors restriction
for all projects: scope, time and cost. An IT
project manager can modify these factors to
produce a successful project. For example, a
project manager can extend the schedule and
budget increase if you increase the scope of the
project. In addition, a project life cycle consists of
five phases: initiation, planning, execution,
monitoring / control and closure.

4. Examples of projects
• Computer technology is constantly changing.
Therefore, IT departments are faced with
constantly changing business needs.
Consequently, stakeholders demand flexibility in
producing quick results from projects such as
replacing obsolete equipment and servers,
conversion to a new accounting system, providing
access to local and remote data without
interruption, develop a website using the latest
technology and install data communication
equipment mounted on racks.

5. Why projects fail?
• Manufacturers are constantly updating their products
and information technology services. This increases the
risk of project failure as a result of interoperability
issues that arise in the integration of hardware and
software. For example, an existing application may not
be compatible with a new operating system of the
computer. According to CIO, projects fail in the early
stages due to poor planning of resources. In addition,
organizations sometimes put pressure on IT
departments to complete projects too fast. Moreover,
the scope of the project may be too large to handle.

6. Predict failure
• According to CIO, is a good idea to establish
project success and failure criteria. For example,
the project must meet specified quality standards
and will be completed on time and within budget.
In addition, a project that is 15 percent over
budget or 15 percent off the scheduled time,
probably fail. This fault indicator is known as the
"15-15 rule". In addition, an organization can see
a project that is extremely low in the budget as a
failure because resources are not allocated
properly.

7. Canceling a project
• It's time to cancel an IT project when the focus
expands, causing the project is not manageable.
If this happens, divide the gigantic project into
smaller projects to increase the chances of
success. Also, when you cancel a project budget
overruns have 15 percent or more. The project
must include a 10 percent contingency to avoid
overheating. However, the cancellation of the
project may be necessary if the organization
experiences a drastic drop in income for an
extended period.

8. Considerations
• The department can not adapt to rapid
technological changes, due to the demands of
a growing business, according to the Institute
of Internal Auditors. Therefore, internal
auditors can provide recommendations to
departments to cope with the changes
underway and business growth. For example,
auditors can suggest improvements in the life
cycle management of IT projects.