It Progects

Summary of the ExtractCost associated with give failures in a strategic field of IT applications has increased exponentially in the US , with much than half(a) of such(prenominal) realises resulting in failure . Projects contri besidesing to failure be are those that run to absorb valuable resources without ever stretchability their objectives , and represent what arse be described as escalation . Escalation occurs when progress of give goals expect to be uncertain yet in that wish is committal to continue (Kiel , 1995Factors associated with go for escalation are classified into quaternary categories project , psychological , kindly and organisational . Project factors implicate underreckoning of required resources , inadequate planning and improper monitor . mental factors admit ending maker s perception tha t advantage is most the corner based on his previous roll in the hay . Social factors include a feeling that abandoning of the project whitethorn look bad amongst other genial groups and organizational factors include unstinted support and involvement by a nominate decision-maker in the hap managementReportRole of Information Technology in create competitiveness in business is becoming more than prevalent . US companies continue to deploy considerable resources in IT projects to break business processes . A major problem face up by companies is the frequent occurrence of IS project escalations resulting in huge wastage of slender resources . Project escalation occurs when there is continuous commitment of resources to it up to now when there is uncertainty in attainment of project objectivesStudies feature indicated that escalation is non caused just by defective project management alone is also a result of combination of psychological social and organizational fac tors . Factors under each category need to b! e understood and addressed by IS managersProject factors : the duration of the project should be worked out correctly and underestimation should be avoided . The nature and shell of resources necessary for the successful completion of the project should be estimated accurately .

Scope of the project should be very well be the project should be well planned and be tended to(p) by proper control measures so that deviations can be rectify as they occurPsychological factors : association of an IS project with a individual(a) individual in an organization should be avoided . Collective role and responsibility of a project will help oneself decision making , with respect to dropping a non-viable project in time , more rationalSocial factors : IS projects should be a team sweat . When IS projects are allocated to a team representing all the related departments the project can be completed more effectively and efficiently and will help reduce intrafirm rivalryOrganizational factors : these factors are more grueling to address as they involve bureaucracy and power embolden amongst managers in any given organization . The problem can be outstrip by strong leadership at the very top . The leader has to create a floriculture of goal integrating within the organization BibliographyKeil M (1995 ) displace the plug : software product project management and the problem of project escalation MIS Quarterly , Vol . 19 , No . 4 pp .421-447...If you want to conduct a ripe essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper