PM4K DISCUSSION 003: TOP #1 CHALLENGE FACED DURING TEMENOS T24 IMPLEMENTATION

For all of us who have managed Temenos T24 implementation projects, we know about the challenges we've faced during implementation. Implementation challenges are not specific to T24 only; but all projects face minor/major challenge(s). The objective of this discussion is to focus on T24 implementation projects and understand, what in your opinion is the most recurring and fatal challenge that you've faced during your T24 implementation? Most importantly, how did you (your team) manage to overcome it? Let's continue Sharing & Learning.

 

[Mathew@PM4K]

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PM4K QUOTES 058: BREAK IT DOWN

((QUOTES @ PM4K))

 

"The secret of getting ahead is getting started. The secret of getting started is breaking your complex overwhelming tasks into small manageable tasks, and then starting on the first one." -- Mark Twain

 

[Mathew@PM4K]

 

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SWEET DREAMS BUSINESS ANALYSTS

Ever come across business users who don't know what they are doing? Ever come across business users who don't know what they want? Ever wondered how someone copes up with all these knowledge gaps and yet manages one of the most important constraints/aspects of a Project i.e. SCOPE? Well maybe as a Project Manager you've never bothered (beyond ensuring you're Business Analyst is doing his/her job), but ask a Business Analyst and he/she would tell you about the nightmares they get thinking about the trauma they face while managing Project Scope. Here @ PM4K, Mathew would like to share with you the 'BUSINESS ANALYSIS MAGIC QUADRANT' that would surely make your Business Analyst's nights more DREAMY & less NIGHTMARISH ;) 

As you can see, the BUSINESS ANALYSIS MAGIC QUADRANT has 4 blocks across the 2 axis. On the ‘Y’ axis is the Current Situation (As-Is Situation) & on the ‘X’ axis is the Future Situation (To-Be Situation).

 

As the saying goes, ‘A Picture Speaks a Thousand Words’, so Mathew’s going to let the self-explanatory picture of the Magic Quadrant do all the talking on this post. Below is just the gyst of it all:

1. Result of ENTERPRISE ANALAYSIS = Awareness of CURRENT SITUATION (As-Is Situation)

• 1.1. HAVE (We have these features/functions in the existing system)
• 1.2. DON'T HAVE (We do NOT have these features/functions in the existing system)

2. Result of REQUIREMENTS GATHERING = Understanding of FUTURE SITUATION (To-Be Situation)

• 2.1. WANT (We want these features/functions in the new system)
• 2.2. DON'T WANT (We do NOT want these features/functions in the new system)

You can never consider your requirements complete until you answer the 4 A's of Business Analysis i.e. What to Affirm? What to Acquire? What to Abolish? What to Avoid? 

• If you HAVE it + You still WANT it = You AFFIRM such requirements
• If you DON’T HAVE + You WANT it = You ACQUIRE such requirements
• If you HAVE it + You DON'T WANT it = You ABOLISH such requirements
• If you DON’T HAVE + You DON'T WANT it = You AVOID such requirements

Mathew would like to conclude this post with 2 words to all the Business Analyst's out there; SWEET DREAMSSSSSSSS :)

 

[Mathew@PM4K]

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PM4K DISCUSSION 002: TOP #1 CAUSE OF PROJECT FAILURE

From experience, the following are the TOP10 causes of Project failure that Mathew can think of (they are not in any kind of order):
#1. Lacking Sponsor's Involvement/Ownership
#2. Halo Effect (Wrong Man for the Job)
#3. Poor HR Management
#4. Poor/Inadequate Project Communications
#5. Ignoring Project Stakeholders
#6. Absence of Risk Management
#7. Scope Creep/Unrealistic Expectations
#8. Lack of Monitoring of Plan
#9. Absence of a Project Management Methodology
#10. Simply BAD LUCK :)

You may feel free to chose any of the above and/or add a cause from your own experience that you think is the most recurring reason for project failure.

Looking forward to sharing & learning.

[Mathew@PM4K]

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PROJECT SCOPE MANAGEMENT

((POSTING ON A LIGHTER NOTE))

[Mathew@PM4K]

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