resource planning puts projects at risk warns Parity
on: November 12, 2007, 5:55 am
Release Author: Parity Group plc
Release Summary: Parity reports that IT Projects suffer from lack
of resource planning and attention to detail in the early stages.
The scarcity of skills in the IT market means that businesses are
paying very high market rates and running the risk of going over
time and budget for IT projects
Release Body: Failure to get IT resource requirements mapped out
adequately is undermining the chances of IT projects succeeding
and raises the risk of projects going over time and budget warns
Parity, the business and IT Services group.
is vital that businesses take stock on whether their IT
project planning and risk
management skills are up to scratch when considering technology
projects, especially in a market where there is a well documented
shortage of IT skills for hire.
businesses have been able to source IT
contractors to make up for any skills shortfall on IT systems
development projects but today’s high demand for IT resources
means that organisations are not only having to pay high market
rates to secure key IT skills but also not having them available
when they want them risks their projects going over time and not
coming in on budget.
companies may not be getting the best deal from hiring contractors
on traditional short term contracts through buying skills for tomorrow
at today’s rates. “Incidents of contractors looking
to break short term contracts or actively looking for their next
assignment while working for their current client is not uncommon.
It’s almost become a commodity market where buying into the
future can secure better prices”, said David
Plummer, MD Parity Resources.
business and project plan requirements should be the driving force
behind contract hiring decisions. Businesses need to adapt to the
changing market and consider offering contracts of 6 months or even
longer to ensure key skills are available to finish the project”,
resource planning could also help organisations save money by locking
in rates in a rising market, while contractors will benefit from
the additional security that a longer contract term offers. It is
vital that any decision made to extend these terms is backed up
by a sound project plan and clearly defined business requirements
so that there is a strong business case behind committing budget
to longer term contractors.
continued; “It is important that businesses invest time
up front to fully scope out the IT resource required for their IT
projects. This will not only help to ensure that they hire the right
numbers of IT contractors to meet their project needs, but it may
save them a lot of money in keeping their project on time and within
Parity Group plc
Parity is a leading IT
Business services organisation delivering technical, recruitment
and IT training solutions
to the UK and Irish markets.
focus on the key areas of project, programme and IT service management.
Parity's Training business educates client's own
staff in these skill areas; their Resources business recruits highly
skilled short term, interim and permanent staff; and their Solutions
business takes total delivery responsibility for IT projects and
programmes as well as the ongoing delivery of IT applications and
30 years' expertise in Project and Programme Management minimises
business risk associated with systems implementation, integration
or business change for clients. Listed on the London Stock Exchange,
Parity recorded a turnover of over £150m in 2006.
has deep industry knowledge and expertise in Finance, Utilities,
Telecoms and the Public Sector delivering people, skills and concepts
for IT projects and programmes throughout the UK. Parity
have provided these services to a range of notable clients, including
Hewlett Packard, IBM, Ministry of Defence, Royal Bank of Scotland,
Northern Ireland Electricity, Siemens and GlaxoSmithKline.
Details: Parity contact details:
Parity Group plc
Wimbledon Bridge House
1 Hartfield Road
0845 873 6945
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