Collective Intelligence
 

IT Governance:

Using collective intelligence to reduce
IT project failures

 

Failed IT projects are common: in fact, some research estimates that over half of all IT projects are over-budget, late, or don't deliver the expected scope. At the same time, tracking and isolating the causes of these failures remains difficult at best. The reason is simple: failures are generally caused by business, rather than technical, complexities.

An organization's collective intelligence represents the accumulated body of knowledge, wisdom, and experience of the people associated with that organization. Although collective wisdom is an organization's most valuable asset, quantifying and harnessing that knowledge can be an elusive and challenging goal.

How can collective intelligence be identified, quantified, and measured? Collaboration, decision support, and voting systems don't let you measure and codify collective intelligence, which limits their usefulness. Collective intelligence is more than collaboration, even though it relies on information sharing and recognizes the value of knowledge distributed throughout an organization. Similarly, while consensus building is an important goal of collective intelligence, voting systems are not nuanced, and can't compensate for misinformed participants, limiting this technique's usefulness in harnessing collective intelligence to solve business problems.

Asuret's CI Engine solution addresses these problems, harnessing collective intelligence to bring rigor and discipline to organizational change, assessment, and improvement initiatives

Measuring Vulnerabilities in IT Portfolios and Projects

Asuret measures key vulnerabilities across IT project portfolios and on individual IT projects:
 

  • Project portfolio vulnerability analysis. IT investment decisions are usually made using various financial measures. However, whether an IT project succeeds or fails depends on non-financial variables that are ordinarily difficult to quantify and measure.

    CI Engine makes it fast and easy to gather the data needed to accurately measure vulnerabilities that can cause IT projects to fail. By combining Asuret vulnerability analysis with traditional economic measures, IT investment decisions can be made on the basis of more complete information. Asuret provides information derived directly from project stakeholders, giving your project management office a more accurate view inside candidate projects. The result: better decisions, fewer failures, and higher ROI on projects that are funded.
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  • Individual IT projects. Asuret's solution for evaluating IT projects ensures vulnerabilities are discovered and remedied before the project starts. Fixing potential issues before they become major problems is the best way to avoid becoming an IT failure statistic.

     

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