Articles by Nikhil G. Daddikar

Project Management

How to deal with workplace chaos

Master workplace chaos with better processes, leadership, and culture. Discover strategies to keep your team focused and productive in any environment.

Sep 2015Read More

Collaboration

Leveraging the power of Collaboration for Success

The business environment today demands agility, efficiency and innovation. With teams, stakeholders and customers located across locations and timezones, the rules of the game have completely changed. Organizations will need to look beyond traditional strategies, methodologies and tools to stay relevant and competitive. Businesses need to look at collaboration not only as a means to delivering project success, but also to create a transparent and inclusive work culture. In this blog we look at the benefits of using collaboration tools in the project management context.

Jul 2015Read More

Project Management

6 Reasons Why Projects Fail in Enterprises

According to a Standish group report, enterprises in United States spend more than $250 billion each year on IT development, approximately 175,000 projects. The research further shows that a staggering 31.1% of projects will get cancelled before they ever get completed and 52.7% of approved projects will cost 189% of their original estimates. According to PMI’s Pulse 2014, organizations are losing an average of US$109 million for every US$1 billion spent on projects. These are staggering numbers, ones that scream failure. In post mortem, project failure gets defined in different ways, attributed to different reasons. In my mind, a project fails when it doesn’t fulfill the objectives that were set at the time of commissioning. It could be a budget overrun, a significant delay in delivery, a quality lapse or way too much iteration. One could argue that as long as it is complete and delivered to the stakeholders or customers, it is successful. No, I don’t buy it. There is no such thing as small or large failure. The point is a project is commissioned to achieve a certain business outcome with certain defined parameters and constraints. If they are not met it is a failure. Period! So why do projects fail? In this blog we will look at 5 major factors that contribute to project failure.

Apr 2015Read More

See how Celoxis helps PMOs turn portfolio data into better decisions.

Portfolio dashboards, capacity planning and project financials in one place — with the governance trail your finance team asks for.

Articles by Nikhil G. Daddikar