6 Key Elements to Successful IT Projects On-Time Delivery

• August 9, 2017 Outsourcing, Tips and Tricks

The failure rate is very high when it comes to delivering large-scale projects on time, also big projects are extremely hard to manage. Read out what you can do to spike your chances for successful project delivery!

We all know that Large-scale IT projects often crash or end up utilizing massive resources, And the risk increases as the project get more ambitious. So, what should be done to avoid costly mistakes?

A large-scale project is like a gruelling journey. We must know how to make the best use of existing resources.

Here are 6 key elements that can help you successfully deliver projects on-time and on-budget:

1. Put focus on important business requirements

First-class business analysis lies at the core of project success. Faultily outlined requirements lead to overlooked customer requirements and missed deadlines, according to the Business Analysis Benchmark Report. Experts advise that we should treat business requirements as a process not like a document. Keep asking customer for feedback and regularly check on customer needs to make sure everything is in align with business goals.

2. Set achievable & realistic project deadlines

Your expectations will be realistic only when you have precisely defined requirements and scope of work. The thing which is key to keep in mind is not to overpromise. Check your previous projects to provide more precise estimates about delivering projects on time. Make sure to keep spare time in case you need to modify or revise functional specifications, but if revising happens regularly, you can never avoid delays.

3. Construct a solid team as per project requirements

Appreciate good people, they are hard to come by. If you are working on a large-scale IT project than you definitely need the best people next to you. You need to pick a capable team and get them all involved in planning and executing. Unity is essential to keep the workers motivated. Experts warn, never count too much on the individual skill. No matter what, you need to have knowledgeable & experienced leaders to bring your team together. At last, teamwork and collaboration are the two most important pillars for successful project delivery.

4. Efficient communication is the key to success

Good communication skills are beneficial at every level. Always make sure to have good contact with the customer and understand their needs well. It’s vital to recognise the troubles and solve them as early as possible, if something goes wrong.

Keeping status meetings regularly is must. Your communication team goal is not just to learn about the project progress, but also dealing with conflicts and coaching your team. Better communication will lead to a better collaboration. But again, you must know where to stop so that meetings don’t turn out rubbish & waste of time.

5. Use Experience!

Experience shows that smaller projects success rate is higher than large-scale projects. Break down large projects into manageable parts and it surely does the trick. Try achieving smaller milestones and shorter progress runs, this can only be done by using experience & by being agile.

6. Track your progress

It’s essential to track your progress on every single stage of the project and be informed how you are performing so you can make needed changes. Opt-in for a functional timesheet tool as there are loads of tools in the marking nowadays that allow you to see the resources spent and remaining. You can set up budgets there, track hours spent and do loads more things.

There are multiple factors that determine success of a large-scale project. You have to construct the process carefully to ensure that your project is delivered on-time. Achieve success by picking a strong team that can communicate efficiently.