PhD TIM

PhD TIM

Assignment: Reflect on Project Management Standards and Explore Improvements –
Conceptualize a significant improvement in the project management arena with special emphasis on a researchable area that would improve project success rates or improved value creation. Illustrate your proposal by referring to a practical example and then base your response on a proposed improvement on specific standards and relate their relevance to technology projects.
It would be important to illustrate the specific problem and then propose how one might bring about improvements. Include how one might research such an improvement.
For this assignment, avoid agile, scrum, or related techniques.
The paper should build on the course content and integrate further scholarly sources, including sources from related fields.
Support your paper with at least eight (8) scholarly resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.
Length: 7-8 pages, not including title and reference pages
Your paper should demonstrate thoughtful consideration of the ideas and concepts presented in the course by providing new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards.
Solution Preview
Organizations are currently investing in information technology projects to improve the efficiency of their operations. Despite this, the IT related projects are unable to meet their on-budget objectives or produce the projected business results. Different factors have affected the success rates of many projects including the organizational project management functions (Attarzadeh & Ow, 2008). While these factors might not result in project failure, the inherent value of the implemented project cannot be attained. Successful implementation of information systems projects provides a handful of benefits to both the organizations and its employees. These benefits comprise of improved organizational performance, profitability and efficiency in business processes (Fernandes, Ward & Araújo, 2014). Nonetheless, vast examples of ineffective IT project management are reported resulting in negative impacts on the organizations.
(2,251 words)
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