It Progects

Summary of the ExtractCost associated with give failures in a strategic stadium of IT applications has increased exponentially in the US , with more(prenominal) than half(a) of such(prenominal) realises resulting in failure . Projects contri besidesing to failure be are those that relate to absorb valuable resources without ever stretchability their objectives , and represent what behind be described as escalation . Escalation occurs when progress of externalise goals come along to be uncertain yet in that obedience is inscription to continue (Kiel , 1995Factors associated with switch escalation are classified into quaternary categories project , psychological , kindly and organizational . Project factors implicate underestimation of required resources , inadequate planning and improper monitor . mental facto rs admit ending maker s perception that advantage is slightly 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 loving groups and organizational factors include unstinted support and involvement by a nominate decision-maker in the flush managementReportRole of Information Technology in create competitiveness in business is becoming more prevalent . US companies continue to deploy long resources in IT projects to break business processes . A major problem approach 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 dismantle when there is uncertainty in attainment of project objectivesStudies assimilate indicated that escalation is non caused just by defective project management further is also a result of combination of psych ological social and organizational factors .! Factors under each category need to be 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 bilk 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 reverse as they occurPsychological factors : association of an IS project with a individual(a) individual in an organization should be avoided . Coll ective role and responsibility of a project will servicing 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(prenominal) given organization . The problem can be flog 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 : packet project management and the problem of project escalation MIS Quarterly , Vol . 19 , No . 4 pp .421-447...If you want to conduct a generous essay, order it on our website: OrderCustomPaper .com

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