Presentation on theme: "Conceptualizing & Initializing the IT Project"— Presentation transcript:
1 Conceptualizing & Initializing the IT Project Chapter 2
2 Learning ObjectivesDescribe the project life cycle (PLC) and the systems development life cycle (SDLC), and their relationship. Define what a methodology is and describe the role it serves in IT projects. Identify the phases and infrastructure that make up the IT project methodology introduced in this chapter. Develop and apply the concept of a project’s measurable organizational value (MOV). Describe and be able to prepare a business case. Distinguish between financial models and scoring models. Describe the project selection process as well as the Balanced Scorecard approach.Most organizations have limited resources and must compete with other projects.Many have adopted IT governance for project selectionCopyright 2012 John Wiley & Sons, Inc.
3 Information Technology Project Methodology (ITPM) A strategic-level plan for managing and controlling the projectGame plan for implementing project and product lifecyclesRecommends phases, processes, tools, and techniques for supporting an IT projectMust be flexible and include “best practices” learned from experiences over time.Can beTraditional (e.g., Waterfall)Agile (e.g., XPM, SCRUM)
4 The Project Life Cycle and IT Development Deliverable
13 Product Life CyclesThe Systems Development Life Cycle (SDLC) is a framework for describing the phases involved in developing and maintaining information systemsSystems development projects can follow :
22 Developing the Business Case Step 1: Select the Core TeamAdvantages:
23 Developing the Business Case Step 2: Define Measurable Organizational Value (MOV) the project’s overall goalA Measurable Organizational Value must:
24 The IT Value ChainCopyright 2012 John Wiley & Sons, Inc.
25 Process for Developing the MOV Identify the desired area of impactPotential Areas:
26 Process for Developing the MOV Identify the desired value of the IT projectOrganizational Value:
27 Process for Developing the MOV Develop an Appropriate MetricMetrics:
28 Process for Developing the MOV Set a time frame for achieving the MOVVerify and get agreement from the project stakeholders
29 Process for Developing the MOV Summarize the MOV in a clear, concise statement or tableThis project will be successful if _________________.
30 Project Goal ?Install new hardware and software to improve our customer service to world class levelsRespond to 95% of our customers’ inquiries within 90 seconds with less than 5% callbacks about the same problem.
31 Measuring the Immeasurable Intangible: How can you measure the concept of user friendliness? Increasing customer support? Adopting a social media package?