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Lessons to be learned from a project nightmare

Bart Perkins | March 12, 2015
The U.S. Department of Labor (DOL) is in the middle of an Oracle Financials implementation that has gone horribly wrong. Its experience should serve as a cautionary lesson for enterprises planning major projects.

The DOL's financial systems debacle demonstrates the importance of careful contracting and excellent project management. Conceptually, both are straightforward. In practice, both require an enormous amount of work, consume huge amounts of time, and require great attention to the details. But failing to perform these critical functions successfully can cost far, far more. Just ask the DOL.

 

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