Optimism - Curse of Big IT Projects and How to Manage It

Written by ryandawsonuk | Published 2019/09/25
Tech Story Tags: project-management | project-planning | technology-governance | governance | engineering-management | failure | optimism | disasters

TLDR Optimism can be useful in inspiring motivation and getting a project going. But optimistic simplification can be dangerous as it blinds us to risks of under-estimation. It can lead us to pursue ideas that just don't work when fleshed out. Big cost-saving IT projects have a special risk of going badly wrong. In 2019 $1.3 trillion was spent on digital transformation and as much as $900bn went on failed projects. We can learn from these failures as I think they embody extreme cases of a logic we see in other IT projects too.via the TL;DR App
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Written by ryandawsonuk | Principal Data Consultant at ThoughtWorks. Hackernoon Contributor of the Year - Engineering.
Published by HackerNoon on 2019/09/25
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