Why Software Technology Projects Fail – Part 1

Why Software Technology Projects Fail - Part 1

Why Software Technology Projects Fail – Part 1


Today I’m going to talk about the number one reason that software technology projects typically fail for small businesses. To put it simply? Don’t bite off more than you can chew.

The Problem…

Lets, suppose you’re working with your peers and you come up with a giant list of features that you want to have in a system and a lot of things you may just be imagining the great things it could do, and you approach a company to tackle that entire project all at once. Well what will end up happening is that once you do that… Let’s say that you hire that company to get it done, you may have listed out so much work that it could take six months for that whole thing to be done.

The Solution…

The best idea is to instead break everything up into small milestones or small mini projects. Go through your list of features and come up with the absolute core that you have to have done to have a usable, working system and get that done first. Once that’s done and you can actually use it, work in it, and experience it then come in and figure out the next set of features that you can add in.

Next time I’ll talk about the second big reason that software technology projects fail but definitely subscribe to our videos so that you can get updated about when that video comes out and we’ll see you next time.

   

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