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Welcome to
Issue #218 of The Standish Group's VirtualBEACON
STAT-BIT
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From our latest CHAOS data:
68% of successful projects cost under $500,000 in labor
22% of successful projects cost $501,000 to $3 million in labor
9% of successful projects cost $3 million to $6 million in labor
1% of successful projects cost $6 million to $10 million in labor
Less than 1% of successful projects cost over $10 million in labor
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EDITORIAL
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Top 10 Project Leaders
Congratulations to the top 10 finalists of this year's Project Leadership Awards. These finalists and their projects will be highlighted Tuesday March 12, 2002 at CHAOS University in Orlando, FL. The top 5 winners will be announced Wednesday March 13 at the Project Leadership Conference, also being held in Orlando. We will publish the winning names in next week's Beacon.
This year's Top 10 Project Leadership Award nominees are:
James D. Cagle, Sprint E-Solutions
Name of Project: OMSC (Order Management Systems
Consolidation)
Project start date: June 2001
Estimated completion date: Jan. 2002 w/ change center
Actual completion date: Jan. 24, 2002
Jann Davis - PacifiCorp
Name of Project: Project Discovery (An extensive
upgrade of technology used at the company's two call centers
Salt Lake City, Utah and Portland, Oregon.)
Project start date: Apr. 1, 2000
Estimated completion date: Dec. 31, 2001
Actual completion date: Dec. 31, 2001
Estimated Total Labor Cost: $5,603,020
Jill Dyer - Norman Technologies
Name of Project: Wire Transfer System Implementation
(Implement MTS (Money Transfer System), wire transfer software
from the company IntraNet, and Dai-ichi Kangyo Bank's New York
bank.)
Project start date: July 1, 2001
Estimated completion date: Feb. 1, 2002
Actual completion date: Mar. 15, 2002
Estimated Total Cost of Project: $4,000,000
Actual Total Cost of Project: $4,500,000
Estimated Total Labor Cost: $2,000,000
Actual Total Labor Cost: $2,500,000
Patrick Freeman - Reynolds & Reynolds
Name of Project: Local Server Edition Rel
2.0 (A next-generation in-house, open solution capable of supporting
today's and tomorrow's automotive retailing environment.)
Project start date: Jan. 15, 2001
Estimated completion date: Jan. 15, 2002
Actual completion date: Feb. 15, 2002
Estimated Total Cost of Project: $55,000,000
Actual Total Cost of Project: $54,071,000
Estimated Total Labor Cost: $50,875,000
Actual Total Labor Cost: $50,015,000
John M. Hurlburt - Crowe, Chizek and Co.
Name of Project: Scholarships Online System
(To create a web-based system for a state government agency that
distributes scholarships and grants to students in higher education
whom demonstrate financial need.)
Project start date: Jan. 1, 2001
Estimated completion date: September 2002
Actual completion date: November 2002
Estimated Total Cost of Project: $2,000,000
Actual Total Cost of Project: $2,150,000
Estimated Total Labor Cost: $1,100,000
Actual Total Labor Cost: $1,200,000
Gina King Vallassis
Name of Project: Valassis OnLine Media Planning
(Developing a web based application which provided targeting and
estimates to the client in a matter of minutes on most orders,
and as little as a couple hours on very complex programs.)
Project start date: June 12, 2000
Estimated completion date: Sept. 30, 2002
Actual completion date: Sept. 30, 2002
Chuck Linebaugh - O'Hagan, Smith & Amundsen
Name of Project: Core Competency (A program
aimed at lowering IS cost for the Law Firm through specialized
education of its employees.)
Project start date: June 2000
Estimated completion date: June 2001
Actual completion date: June 2001
Shoukry Salib - Unisys
Name of Project: PRWORA (Updating the Florida
Child Support System to comply with the Federally mandated PRWORA
requirement -- part of the welfare reform act.)
Project start date: July 2000
Estimated completion date: December 2002
Actual completion date: Sept. 28, 2001
Estimated Total Cost of Project: $15,000,000
Actual Total Cost of Project: $7,896,000
Estimated Total Labor Cost: $15,000,000
Actual Total Labor Cost: $7,896,000
Max Schnur, Potencius.net
Name of Project: The Darkest Day (A large,
quest-based expansion to Baldur's Gate II, Shadows of Amn, sci-fi
and fantasy-based computer games.)
Project start date: January 2001
Estimated completion date: January 2002
Actual completion date: October 2001
Susan Smith, Integris
Name of Project: Integris Canadian Valley
Regional Hospital/IT (Information Systems Implementations)
Project start date: February 2001
Estimated completion date: Oct. 1, 2001
Actual completion date: Nov. 9, 2001
Estimated Total Cost of Project: $665,100
Actual Total Cost of Project: $816,600
Estimated Total Labor Cost: $60,000
Actual Total Labor Cost: $64,790
Who would you vote for Best Project Manager?
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Copyright 2002
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