When your cloud project is over budget [Video]

One of my bosses once said there are two types of IT projects whether developed or deployed: those over budget and those about to be. Indeed, if you read the trends of the last few years, cloud computing is more expensive than most first thought, and it’s been challenging for project leaders to estimate what it will take to build net-new systems in the cloud or migrate applications and data.

Before we get into how to fix things, let’s consider the causes. This is likely your fault since you did not plan well and missed many things that became unexpected costs or delays. Also, there are known budget issues around migrating or developing new systems and how much they cost to operate after being deployed. We’re talking about both.

Not everyone is an excellent planner, but there is a discipline to project management, including metrics and estimation approaches, that most …