These days technology is the forefront of your business. Whether you are a global Corporate Giant or you are a small budding firm you need cutting edge technology to be at the best of your game.
Whether you have a big in-house technology team or not, Businesses need to continually outsource their projects to external vendors. Add to that, There are a million technology vendors in the market, which one to choose, how to communicate your scope clearly.
The fact of the matter is, the project failure rate is very high. Even after utilizing the collective web development experience of hundreds of web development companies over the years, a large chunk of “web projects still fail big time”. So the big question is – why does a web project fail, if at all?
Over 30 percent of web development teams deliver projects late or over-budget, according to a survey commissioned by Ruby Development Shop, New Bamboo. These findings are consistent with studies of larger IT initiatives showing failure rates of 30%-70%.
Why projects go wrong?
There are typically two main reasons why projects go wrong:
- The wrong vendor was hired for the project.
- The Expectations/Requirements of the projects are not discussed properly
1. Choosing a wrong vendor
Selecting the right platform and web development vendor can be a challenging task.
There are many freelancing service providers and they help you connect with the listed freelancers. These freelancers tells you that they can do your work and they all sound the same but, the problem is most of the people you are talking to aren’t qualified to do the job. So, it is necessary go for professional marketplaces which are not the freelancer listing firms.
Professional services consulting firms like ScopeWeaver helps businesses to meet professional services providers. They help you discover the best outsourcing partner for your projects. All the service partners on this Professional Marketplace are extensively verified for their stated credentials and they are reliable. It can be very challenging to judge quality work of a developer, designer, or any profession so companies should use such professional marketplaces to find trusted vendors.
2. Lack of proper Scoping and good Project Management
The right platform can help streamline the progress of your projects.
The wrong platform fails to provide you the details on the progress and quality of product or service. The right Project management platform outlines things like work to be done, the budget, payment, and timeline. Most importantly, it makes it clear what the expectations are upfront from the project owner and the expert vendor.
The platform needs to understand the client’s needs and provide communication to and from the trusted vendors. Without a proficient Project Management Platform (PMP), the project will get off track and become a runaway train that ends in disaster. A good PMP will publish weekly progress reports keeping everything on track.
Research says, 25% project fails and this rate is increasing. Every project should have effort estimation, delivery timelines, team size, total cost. Professional services and consulting firm like ScopeWeaver provides a project delivery platform which takes care of Timely Delivery, Payments, Support, Contracts and Agreements of your project.
Read our well researched article on www.scopeweaver.com to know more.
Contact our team to know how we can help you effectively avoid web development project failures and ensure successful delivery and execution of your cherished long-term project.