The motion picture industry insures completion of their motion pictures via a performance bond, where an insurance company guarantees satisfactory completion of a project by a contractor. Laurent Bossavit ruminated (try pasting http://www.bossavit.com/pivot/pivot/entry.php?id=293 directly into your web browser because direct linking doesn't work) on what it would take to do the same for software project.
As a thought experiment, Laurent asked his readers to put themselves in the place of the insurance company, with the power of oversight and the responsibility of paying out to their clients if the software project is not delivered:
My hunch is that some of the things we get excited about - TDD, UML, MDA - would barely be on your radar. I could be wrong, but I suppose two of the important things would be story and people. By "people" I mean the project manager, product owner, developers, testers... You'd want to see the CVs of the key people involved in keeping things moving. I'm fairly sure "story", in the sense of what the project is meant to achieve for the business, whether it seems to be a serious bid at creating business value, whether its sponsors are truly committed to its success, would also be a major factor. I'm less sure that details of method or process would be investigated in any great detail, though the overall strategy could make a difference.
Another way to ask this question would be "what are the most important indicators of project completion?" Laurent guesses it is the story and the people. Most of the comments left by readers indicated agreement with Laurent's observations and a biased towards the people being the most important issue.
Laurent's musings match the results of the Standish report for 2006, where 50,000 projects were studied and reported the following reasons for success:
- User Involvement
- Executive Management Support
- Clear Business Objectives
- Optimizing Scope
- Agile Process
- Project Manager Expertise
- Financial Management
- Skilled Resources
- Formal Methodology
- Standard Tools and Infrastructure
Community comments
The link is incorrect
by Dean Schulze,
Re: The link is incorrect
by Amr Elssamadisy,
Re: The link is incorrect
by Dean Schulze,
Re: The link is incorrect
by Amr Elssamadisy,
Re: The link is incorrect
by Dean Schulze,
The link is incorrect
by Dean Schulze,
Your message is awaiting moderation. Thank you for participating in the discussion.
Subject says it all
Re: The link is incorrect
by Amr Elssamadisy,
Your message is awaiting moderation. Thank you for participating in the discussion.
Actually, I think the link is correct but you have to cut and paste it into a new window. Try www.bossavit.com/pivot/pivot/entry.php?id=293 .
Re: The link is incorrect
by Dean Schulze,
Your message is awaiting moderation. Thank you for participating in the discussion.
Both your link and the link in the article send me to a page that only has the content:
Spam is not appreciated.
Re: The link is incorrect
by Amr Elssamadisy,
Your message is awaiting moderation. Thank you for participating in the discussion.
Try to manually put it in a new browser window/tab. Linking doesn't work and I've contacted Laurent for a fix. I assure you the manual cut&paste works.
Re: The link is incorrect
by Dean Schulze,
Your message is awaiting moderation. Thank you for participating in the discussion.
Copy and paste does work, but clicking on the link does not. I've never seen this before.