Home » ITIL » ITIL® Online Training is Helping Businesses Lower Project Failure Rates

ITIL® Online Training is Helping Businesses Lower Project Failure Rates

ITIL Online TrainingIT professionals, business managers and business process owners are especially sensitive to the fact that many technology projects are considered failures. In fact, the failure rate for technology projects is anywhere from 37 percent to 75 percent, depending on which estimates are used. Most business process change projects probably skew towards the higher end of that spectrum.

Achieving and demonstrating Return on Investment (ROI) is critical in today’s competitive environment. Someone has to be accountable for all of these failed projects, and in many cases, large budgets and individuals’ careers are on the line.

According to a study conducted by McKinsey & Company in conjunction with the University of Oxford, “17 percent of large IT projects go so badly that they can threaten the very existence of the company.” With the stakes so high, many businesses are examining all of their options.

How to Lower Project Failure Rates

Increasingly, companies worldwide are turning to ITIL® online training to help lower project failure rates and meet schedule, budget and quality goals, all in a convenient learning setting. Training not only instills technical expertise and knowledge, but it helps change mindsets and attitudes. When all of an organization’s stakeholders are in sync, projects have a better chance of success.

Training is critical to improving project outcomes. The rapidly changing business environment means that organizations whose employees know how to manage successful projects will have a competitive advantage.

Managing constant business and IT change is a must. IT professionals, project leaders, sponsors and project managers looking to deliver high-quality IT services must improve project outcomes.

IT Service Management Requires Updated Skills

Since the field is constantly changing, it is imperative that all employees keep their skills up to date. In fact, staying current with best practices, new technologies, and the like helps organizations avoid excessive rework and unclear business objectives. Not all businesses have in-house employee training programs established. In some locations, finding the right educational resources locally is difficult.

Why ITIL Online Training?

According to the UK Chapter of the itSMF, “If IT processes and IT services are implemented, managed and supported in the appropriate way, the business will be more successful, suffer less disruption and loss of productive hours, reduce costs, increase revenue, improve public relations and achieve its business objectives.”

How to realize all of those benefits?

ITIL online training is an optimal solution for a growing number of businesses. When everyone in the organization understands the key principles of IT Service Management, it’s easier to make sure that IT services are aligned to the business needs and actively support them.

Online training is convenient and cost-effective. It is also scalable, which is an important consideration for growing businesses. Efficient training programs are one of the factors that lead to successful project implementation. Although this is one of the less tangible aspects of project management, it is definitely one of the most important.

Organizations that overlook this are setting themselves up for failure. Some estimates say that 60 percent of projects fail to meet schedule, budget and quality goals. One way to avoid that fate is to invest in ITIL online training.

Contact Ashford Global IT (AGIT) to discuss training options for business in ITIL and other industry-recognized IT programs. There are several options available ranging from online to onsite training.

 

Tags: , , ,

About this author:

Avatar

Frank is a leading trainer in IT Security.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.