A framework for the life cycle management of information technology projects: ProjectIT

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Title A framework for the life cycle management of information technology projects: ProjectIT
Author Stewart, Rodney Anthony
Journal Name International Journal of Project Management
Editor J Rodney Turner
Year Published 2008
Place of publication United Kingdom
Publisher Pergamon/Elsevier
Abstract As international competition continues to intensify, significant numbers of organisations are investing large amounts of resources into information and communication technologies as they seek to gain competitive advantage. Information Technology (IT) is increasingly being implemented for strategic reasons, so as to enable improved efficiency and to improve the control and productivity of internal processes. However, the failure of realising expected IT-induced benefits has led to a growing number of senior executives to question the value of IT investments. This research study was inspired by the perceived lack of a structured framework for the life cycle management of innovative IT projects (ProjectIT). Such a framework consists of three modules representing each phase of the IT project life cycle, namely, IT project selection (SelectIT), strategic IT implementation (ImplementIT) and IT performance evaluation (EvaluateIT). Moreover, industry practitioners require a user-friendly software tool to assist them to undertake this arduous task. This paper provides a description of each module of the ProjectIT framework and the current progress towards the development of the companion software package. ProjectIT should assist firms to rapidly select IT projects based on a range of monetary and non-monetary benefits and risks, implement these projects in a well-planned strategic manner and evaluate the short- and long-term value generated from them.
Peer Reviewed Yes
Published Yes
Publisher URI http://www.elsevier.com/locate/ijproman
Alternative URI http://dx.doi.org/10.1016/j.ijproman.2007.05.013
Copyright Statement Copyright 2008 Elsevier. This is the author-manuscript version of this paper. Reproduced in accordance with the copyright policy of the publisher. Please refer to the journal's website for access to the definitive, published version.
Volume 26
Issue Number 1
Page from 203
Page to 212
ISSN 0263-7863
Date Accessioned 2008-10-24
Language en_AU
Faculty Faculty of Science, Environment, Engineering and Technology
Subject PRE2009-Building Construction Management
URI http://hdl.handle.net/10072/22725
Publication Type Journal Articles (Refereed Article)
Publication Type Code c1

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