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Distressed Projects: Prevention and Intervention Strategies

by Robert K. Wysocki

Whenever the performance of a project falls outside nominal values, it will be judged to be a project in distress and likely to fail. In this Executive Report by Dr. Robert K. Wysocki, we focus on prevention strategies -- including requirements gathering, work breakdown structure, risk management, scope change management, and performance monitoring -- before detailing a four-step process for intervention.

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Distressed Projects: Prevention and Intervention Strategies1 August 2006

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Cutter Consortium, founded in 1986, is a global IT advisory firm helping organizations forge solutions to the business technology challenges they face. Through its research, consulting, and training, Cutter assists enterprises as they create, implement, and maintain IT systems and organizations that support business objectives and encourage innovation. Cutter pushes the thinking in the field by fostering debate and collaboration between thought leaders from different domains, countries, and disciplines. As a completely independent entity that has no special ties to vendors, Cutter Consortium is beholden to no one and dedicated to providing completely objective, unbiased information to its clients. Cutter Consortium gives you access to the top thinkers in IT.

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Distressed Projects: Prevention and Intervention Strategies