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Research Paper | Information Technology | India | Volume 12 Issue 4, April 2023 | Popularity: 4.7 / 10
Comprehensive IT Project Measurement Method
Dr. Arun Korath, Dr. Sangheethaa S
Abstract: IT project management is a critical component of any organization's technology strategy. Successful IT projects can help organizations achieve their business goals, improve operational efficiency, and gain a competitive advantage. However, poor project management can lead to cost overruns, missed deadlines, and failure to deliver the desired project outcomes. Therefore, it is essential to use effective project management methodologies and tools to ensure that IT projects are completed successfully. These studies highlight the importance of taking a comprehensive approach to IT project measurement that incorporates both traditional project management metrics and measures of business value and stakeholder satisfaction. Key Performance Indicators (KPIs) in IT Project Management are metrics used to measure and evaluate the success of IT projects against specific objectives. These KPIs can help IT project managers to monitor the progress of their projects, make data - driven decisions, and identify areas where improvements can be made to achieve better overall project outcomes, while the Balanced Scorecard and Root Cause Analysis (RCA) can help identify the underlying causes of project issues or failures.
Keywords: IT Project Measurement, KPI?s, Earned Value management, Balanced score cards
Edition: Volume 12 Issue 4, April 2023
Pages: 380 - 384
DOI: https://www.doi.org/10.21275/SR23405140843
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