In our most recent issue of the ProjectNews newsletter, we explored New York City's CityTime Project. The original goal for the NYC CityTime project was to streamline the timekeeping system for public employees, making the government accountable for its employees and prevent employees from getting paid for time not spent working.
The project was estimated to cost the city $68 million and be completed within 5 years, however the project has now cost over $740 million.
Meanwhile, this article in the Wall Street Journal acknowledges that "To date, 163,388 employees in more than 60 agencies are now on the electronic payroll system," progress that some are seeing as a victory for the beleaguered project.
In that same article Deputy Mayor Stephen Goldsmith "said the administration 'learned some valuable lessons' and plans in the comings weeks to release a report that details how the city will better manage these types of IT projects."
While we wait to see the results of that report, share your own experiences and ideas. Have you ever worked on a project that ran far over budget and time estimates? What lessons were learned in the process?
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