Chapter 14 - Chapter14:ManagingProjects Part1:...

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Produced by Brian Janz, Ph.D. 1 Chapter 14: Managing Projects Part 1: Project Fundamentals and Assessment Learning Objec>ves Iden>fy and describe the objec>ves of project management and why it is so essen>al in developing informa>on systems Compare methods for selec>ng and evalua>ng informa>on systems projects and methods for aligning them with the ±rm’s business goals Describe how ±rms can assess the business value of informa>on systems projects Analyze the principal risk factors in informa>on systems projects Select appropriate strategies for managing project risk and system implementa>on
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Produced by Brian Janz, Ph.D. 2 Why Project Management? Avoid Runaway Projects and Systems Failure Runaway projects: 30‐40% IT projects Exceed schedule, budget Fail to perform as speci±ed Types of system failure Fail to capture essen>al business requirements Fail to provide organiza>onal bene±ts Complicated, poorly organized user interface Inaccurate or inconsistent data The Importance of Project Management Ac>vi>es include planning work, assessing risk, es>ma>ng resources required, organizing the work, assigning tasks, controlling project execu>on, repor>ng progress, analyzing results Five major variables: Scope Time Cost Quality Risk
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Produced by Brian Janz, Ph.D. 3 Management Structure For Selec>ng Informa>on Systems Projects The IS Project Hierarchy Corporate strategic planning group Responsible for ±rm’s strategic plan Informa>on systems steering commiXee Reviews and approves plans for systems in all divisions Project management group Responsible for overseeing speci±c projects Project team Responsible for individual systems project Linking Systems Projects to the Business Plan with an Informa>on Systems Plan Informa>on systems plan: road map indica>ng direc>on of systems development that typically includes: Purpose of plan Strategic business plan ra>onale Current systems/situa>on New developments to consider Management strategy Implementa>on plan Budget
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Produced by Brian Janz, Ph.D.
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This note was uploaded on 02/24/2011 for the course MIS 7650 taught by Professor Janz during the Spring '11 term at U. Memphis.

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Chapter 14 - Chapter14:ManagingProjects Part1:...

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