Five Common Pitfalls to Avoid in BI Projects, Part 1

DM Review welcomes Lyndsay Wise as a new monthly online columnist. She will share her expertise and research materials gained as a BI analyst for the Technology Evaluation Centers in this column that will appear the third week of each month.

Annually, more than 70 percent of IT projects fail to meet expectations or become shelfware. Reasons for failure range from business intelligence (BI) projects not being completed on time and within budget to not being completed at all. Alternatively, BI initiatives may satisfy IT’s needs, but may not address those of end users. What should organizations do to avoid the common pitfalls and ensure success? Organizations should benchmark companies who have had successful implementations and learn from their mistakes during the preparation phase so as not to repeat them.

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