Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    data analytics for pharmacy trends
    How Data Analytics Is Tracking Trends in the Pharmacy Industry
    5 Min Read
    car expense data analytics
    Data Analytics for Smarter Vehicle Expense Management
    10 Min Read
    image fx (60)
    Data Analytics Driving the Modern E-commerce Warehouse
    13 Min Read
    big data analytics in transporation
    Turning Data Into Decisions: How Analytics Improves Transportation Strategy
    3 Min Read
    sales and data analytics
    How Data Analytics Improves Lead Management and Sales Results
    9 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Technology Project Nightmares
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Data Management > Best Practices > Technology Project Nightmares
Best PracticesBusiness IntelligenceCulture/LeadershipData ManagementInside CompaniesIT

Technology Project Nightmares

maskin
maskin
5 Min Read
technology
SHARE

From scope creep to sales creep, technology project fears that will make you scream

It’s a scary notion, beginning a new technology project. You know it’s going to hurt your budget; you think you know what you need, but then those techie people tell you something completely different; and what if something better comes along while you’re halfway through your project? Your fears are legitimate, and you’re not alone.

Contents
  • From scope creep to sales creep, technology project fears that will make you scream
  • From scope creep to sales creep, technology project fears that will make you scream
  • Addressing Your Fears 

From scope creep to sales creep, technology project fears that will make you scream

It’s a scary notion, beginning a new technology project. You know it’s going to hurt your budget; you think you know what you need, but then those techie people tell you something completely different; and what if something better comes along while you’re halfway through your project? Your fears are legitimate, and you’re not alone.

technologyThe most common concerns we hear:

  • Hidden costs – The project will undoubtedly cost more than the initial estimate.  “It always does.”
  • Scope creep – Our last project (or several) got so far off track that we ended up having to bring another company in to clean up the mess.
  • The bait & switch – They bring in the senior guns (or sales creeps) to sell the job, and then we get stuck with the rookie they just hired to develop our critical system.
  • We know we have a problem but we don’t know the solution — so we can’t yet identify the right partner…can we?

Addressing Your Fears 

Hidden costs. Yes, technology projects are complicated and unforeseen circumstances a right of passage.  Our first piece of advice: don’t simply go with the lowest bidder, especially one that’s significantly lower than the competitors.  Chances are good they bid low to get the job and you’ll end up with change orders on your desk before the ink is dry on the initial contract.  Ask for an “all in” proposal and hammer them on the details.

More Read

What does Wikileaks mean for open data initiatives?
5 Data Security Strategies Businesses Should Implement
How To Use Artificial Intelligence To Create Websites That Thrive
The Future of Email Enforcement and the FTC’s New Man
The Control of Personal Data by Large Powerful Corporations [VIDEO]

Scope creep. Side by side with hidden costs walks its partner-in-crime, scope creep. Just like a fast-growing weed that takes control of your whole garden, the consequences of a project that goes out of scope can be devastating. An overly complex (and therefore unnecessary) design decision in the earliest stages of a project can end up destabilizing the entire project, and threatening your business operations. Our second piece of advice: conduct a basic risk/reward analysis on any proposed solution. What are the business risks associated with this solution, e.g., additional maintenance, training, implementation time? What are the business rewards, e.g., operational efficiencies, revenue increases, cost-savings? Don’t just chase the shiny new technology object.

The bait & switch. Insist on maturity and business qualifications throughout the team. Your company’s critical systems should never be an unsupervised playground for young talent. As discussed in an earlier article, The High Price of Selecting the Wrong IT Partner, “a substantially lower cost proposal often indicates a lack of experience and business expertise, and will likely end up costing much more in the long run. A reputable IT vendor will submit a realistic, comprehensive proposal that addresses your needs. Period.”

Who’s got the right solution? Consider only partners that ask a ton of questions then accurately capture and articulate back to you the essence of your challenge and the project in their proposal.  The more thorough they are in their efforts to understand your business (not just your immediate technology need), your goals, the ultimate technology users and your environment, the more likely they’ll be able to accurately predict the scope of the solution.

What’s your greatest fear in starting a technology project? Leave a comment below, and we’ll help you overcome these fears!

Image Source

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

dedicated servers for ai businesses
5 Reasons AI-Driven Business Need Dedicated Servers
Artificial Intelligence Exclusive News
data analytics for pharmacy trends
How Data Analytics Is Tracking Trends in the Pharmacy Industry
Analytics Big Data Exclusive
ai call centers
Using Generative AI Call Center Solutions to Improve Agent Productivity
Artificial Intelligence Exclusive
warehousing in the age of big data
Top Challenges Of Product Warehousing In The Age Of Big Data
Big Data Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

The State of Complex Data in January 2016 [INFOGRAPHIC]

2 Min Read
business intelligence for digital marketing
Business Intelligence

6 Big Business Intelligence Trends of 2017

13 Min Read
Artificial IntelligenceMarketing

AI-Automated Customer Service is the Future

4 Min Read

Business Rules are a failed abstraction – so what?

4 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

ai chatbot
The Art of Conversation: Enhancing Chatbots with Advanced AI Prompts
Chatbots
ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?