LMAO. A similar situation happened at Stanford about 10 years ago ($150-200MM usd frittered away).
Projects ran by vampiric consultants whom bill hourly -> "big deliverable never" -> ~ gigabuck$.
Smart tech buyers don't get locked into unbounded contracts without milestones and don't let drivers of project management to an external party. Instead, focus on customer need driven, fixed contracts and incremental milestones are generally a better approach.
SAP/Oracle/PeopleSoft/BMC/etc. implementations often tend to fall into these traps when they're poorly managed and/or when the buyers are suckers. Business unit owners and IT managers with backbones are needed to hold vendors accountable to deliver on promises, milestones and deadlines, or payment is not disbursed.
Projects ran by vampiric consultants whom bill hourly -> "big deliverable never" -> ~ gigabuck$.
Smart tech buyers don't get locked into unbounded contracts without milestones and don't let drivers of project management to an external party. Instead, focus on customer need driven, fixed contracts and incremental milestones are generally a better approach.
SAP/Oracle/PeopleSoft/BMC/etc. implementations often tend to fall into these traps when they're poorly managed and/or when the buyers are suckers. Business unit owners and IT managers with backbones are needed to hold vendors accountable to deliver on promises, milestones and deadlines, or payment is not disbursed.