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Why Poor Planning Can Lead To Project Failure?
What were the causes which resulted in project failure? How to manage software projects in a best way to avoid excessive costs, risks in software development companies ? A survey done by KPMG on the Unsuccessful Information Technology Projects revealed that the three most common reasons for project failure are: Poor project planning: A weak project plan and an inadequate risk management approach can lead to project failure. Risk management becomes more important as the organization...
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Learning from our mistakes with Causal Analysis and Resolution
Handling problems and defects in software development projects is difficult in many organizations. The problems’ analyses, when performed, usually do not focus on the problems sources and root causes. As a result, bad decisions are taken and the problem is unsolved. This leads to dissatisfaction, increased costs, and lack of quality. Causal analysis and resolution prevents the introduction of defects into a product by integrating into each phase of the project thereby improving quality...
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Robotics as the Future of Retail
In this era of technological advancement, almost everything has been automated with the help from software development companies. Robotics is considered to be the next thing that will take over all the industries. One such industry where robotics has already made its marks is the retail industry. There have been many companies that have successfully started implementing robots in place of humans and many others are testing robots for implementation. In this article, we will see as how...
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Information Technology: Changing the Landscape of Aviation Industry
Information Technology: Changing the Landscape of Aviation Industry Technological advancements have been transforming the aviation industry. Digital technologies have been the driving factor for improving airlines’ operational efficiency. Custom software application development has become a major contributor to a company’s competitive advantage and garners exponential growth in business. It helps the industry to leverage its technology and services by extracting full potential....
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Risk assessment through quantitative analysis
What is quantitative analysis? While analyzing risks in software development companies , we use two approaches-Quantitative or Qualitative. Qualitative analysis is the technique wherein we use proper mathematical models. Whereas, qualitative analysis is done by assessing the quality of work which does not contain any sort of measurement. Qualitative analysis involves the analysis of statistical and mathematical data with numerical results. What is quantitative analysis in risk...
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