TAILIEUCHUNG - Lecture Business driven technology: Chapter 18 - Paige Baltzan, Amy Phillips

Chapter 18 - Managing organizational projects. The main contents of the dissertation consist of two main parts: Explain the triple constraints and its importance in project management, describe the fundamentals of project management. | CHAPTER 18 Managing Organizational Projects LEARNING OUTCOMES Explain the triple constraints and its importance in project management Describe the fundamentals of project management MANAGING SOFTWARE DEVELOPMENT PROJECTS Analysts predict investment in IT projects worldwide through 2010 will be over $1 trillion 70 percent will be lost due to failed projects The consequences of failed projects include: Damaged brand Lost goodwill Dissolution of partnerships Lost investment opportunities Low morale The Triple Constraint Project management interdependent variables The Triple Constraint Benjamin Franklin’s timeless advice - by failing to prepare, you prepare to fail - applies to software development projects The Hackett Group analyzed 2,000 companies and discovered: Three in 10 major IT projects fail 21 percent of the companies state that they cannot adjust rapidly to market changes One in four validates a business case for IT projects after completion The Triple .

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