Stat of the Week -- What Steps has Your Organization Taken to Cope with the Current Conomic Climate Regarding Initiated Project

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Arlington, MA, November 1, 2011 - (PressReleasePoint) - Q: What steps has your organization taken to cope with the current economic climate regarding initiated projects?

In our sixth annual CBRIT Budgeting issue, Dennis Adams looked at the changes in the initiation of money saving projects. Adams saw the fact that over half of this year's respondents companies had initiated short-term money-saving projects as "the clearest indicator we have seen that the economic climate is still influencing organizational budgets. When compared to last year's survey, 44% of responding companies made this claim. We can expect these projects to keep coming until the economy is healthier. Thus,it would be a good idea for managers to take longer-term projects and break them up into smaller deliverables. Focusing on limited, controlled rollouts of small projects is a risk management strategy for the current economy."
* Excerpted from ""People, Processes, and Products: New Challenges Heading Toward IT" (),Cutter Benchmark Review, Vol. 11, No. 6.

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