Maximize the probability of your project’s success while minimizing risk and uncertainty. Fresche Legacy’s Modernization Audit service provides an objective, third-party evaluation of your project’s health with recommendations for success so you can move forward with peace of mind. Fresche Legacy has been providing IT solutions for over 35 years, and has helped hundreds of customers complete their modernization projects successfully.
Reduce the risk of project failure
To remain competitive in today’s market, organizations are undertaking large and complex modernization projects designed to update aging legacy computer systems and improve corporate performance.
Depending on the size of the organization, these modernization projects can cost millions of dollars and take many months or years to complete. Given the cost, resources and time required, successful completion is the goal but is often difficult to achieve.
U.S. studies have shown that 18-31% of IT-related projects will be cancelled before completion and that more than half will incur cost overruns of 56% to 189%. Recent trends show some improvement in the absolute success/fail rate, but the number of “challenged” projects remains consistent over the years: a staggering 53% of all IT projects are completed late, over budget and under scope.
Subsequent studies identify key factors that contribute to the likelihood of project failure. New or unproven technologies, poor estimates or poorly defined project requirements all contribute to IT project failure.
With so much at stake, companies need systems to ensure a modernization project is successful.
Fresche Legacy’s Modernization Project Audit service is a tool that can help you minimize the risk of your modernization project failing.
What is a Modernization Project Audit?
Fresche Legacy’s project audit can uncover the issues and challenges typically encountered in the execution of an IT project while focusing on producing a successful project result.
We provide an objective, third-party evaluation of the project’s health along with suggestions and best-practices for improving project organization and management. Project managers, project stakeholders and the project team all benefit from an examination of what has gone well and what needs to be improved with the project in order to complete it successfully.
With our extensive experience in modernization and migration, Fresche Legacy specializes in large and complex IT projects that involve the transition of legacy systems. Our recommendations for project improvement focus on a variety of key areas, presented to you in periodic reports.
Benefits at any stage of the project lifecycle
A modernization project audit can be performed at any point in the modernization project’s lifecycle. Ideally a project audit should be performed more than once – preferably every six months, or at the completion of highly significant milestones.
- During the early stages of a project, the audit service can be used as a preventative measure, while there is still an opportunity for correction and intervention. The audit will identify the project’s strengths and recommend the proper controls to avoid future problems.
- If a project is off-course, an audit can detect the troubled areas and identify what may have caused problems. Subsequently, the audit proposes alternative courses of action or restorative measures that can ensure the project is re-aligned to achieve its goals.
- When performed at the end of the project’s lifecycle, the audit serves as a forensic review resulting in success criteria and guidelines for future projects. The audit is ultimately a tool that allows the customer to avoid past mistakes and identify the elements of a project that were managed well.
- Regardless of the stage of the project’s lifecycle in which it is performed, the modernization project audit delivers valuable information and recommendations that will increase the chances of your project’s success.
Key areas audited
The Modernization Project Audit covers the following:
Examines how the project is administered, including an investigation of the communication processes, steering committee and decision-making process. Assures accountability and continuity by the appropriate team members.
Reviews the organizational structure, roles, accountability, methodology and processes involved in the project, as well as the tools and metrics used to manage issues, defects, risk and other variables.
An investigation into the subcontractors, outsourcers and third-party vendors involved in the project. Determines who owns the various relationships, and whether communications between all parties are effective. Evaluates the roles and responsibilities, what deliverables are expected and whether there is synergy between the customer and vendor.
Reviews where the project started, where it is heading and how it will achieve its goals, from a technological point of view. Provides a technical analysis of the project architecture and design including areas such as database infrastructure, application design, framework, planning, level of automation, standards used for coding and migration, deployment strategies and transition planning.
Media, Esperant, Speedware/4GL, Speedware/Designer, Speedware Autobahn II, Visual Speedware, AMXW, DBmotion, MobileDev and iModernize are trademarks of Fresche Solutions Inc. All other products mentioned are trademarks of their respective manufacturers.
About Fresche Legacy
Fresche Legacy (formerly Speedware) modernizes legacy applications and manages legacy environments. With more than 35 years in the industry, and a client list of top Fortune 500 companies, Fresche helps companies align IT with key business goals to increase financial performance, improve market competiveness, remove risk and add value. We re-host, re-write and re-architect business-critical applications where needed, plus we have the knowledge and experience to plan, manage and support the entire process. We handle the full lifecycle of your project from concept to maintenance, and with our disciplined and unique five-step methodology, we ensure success on every project.