Choose a failed IT project from this Computerworld article—IT\'s Biggest Project

Question

Choose a failed IT project from this Computerworld article—IT's Biggest Project Failures—And What We Can Learn From Them—or find another example online. You will be using this failed project as an example/case study for several discussions throughout this course, so it should be something that interests you.

In your initial post:

Briefly describe the project, and how it failed.

Expound on three ways that an effective scope statement may have helped to avoid failure.

In your discussion, refer to specific elements of a project scope statement: objective, deliverables, milestones, technical requirements, limits and exclusions, and reviews with customer.

Explanation / Answer

Achievement is something we as a whole love and are continually attempting to push ourselves towards, however do we concentrate on it excessively? Is the sacred chalice of achievement that we are altogether pulled in to blocking us from adapting more imperative things which will create us significantly facilitate in those essential parts of our lives?

My point here is that maybe, now and again, we should investigate disappointments, not really our own, and attempt and take in something from them.With this as a primary concern, I present to you the first in a progression of blog entries suitably named 'Venture Failures'.

Presently going to IBM’s stretch computer project.

Why it failed:

Extend was created, delivered and sold available as the speediest super-PC on the planet, yet it was no place close as quick as intended.IBM started the generation procedure hoping to build up a PC that was 100 times quicker than the framework it would supplant, however they missed the mark concerning this objective. Extend was just 30-40 times speedier.

Since it neglected to achieve its objective, IBM needed to drop Stretch's cost to $7.8 million (from an expected $13.5 million) which implied the framework was evaluated beneath cost.Only 9 Stretch PCs were ever constructed and it was in the long run removed the market.IBM esteemed Stretch a disappointment.

What we can learn from this:

You've presumably gotten it at this point, however our main gaining from this case is the need to set reasonable goals.You must be tuned in to the abilities of the group before consenting to certain task targets. Be aggressive yet realistic.It's not all fate and unhappiness be that as it may. While Stretch was a disappointment, it introduced pipelining, memory security, memory interleaving and different innovations that have molded the advancement of PCs as we probably am aware them today. Each cloud has a silver covering!

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