scholarly journals Application of the Project Management Methodology Formation’s Method

Organizacija ◽  
2019 ◽  
Vol 52 (4) ◽  
pp. 286-308
Author(s):  
Igor Kononenko ◽  
Svitlana Lutsenko

Abstract Background and Purpose: The selection of a “right” project management methodology for a particular project represents a problem of great importance. Its solution affects crucial project parameters like cost, duration, product quality, and the project’s success in general. The purpose of this study is to present a method for the formation of the project management methodology and illustrate its applicability on a software development project’s example. Design/Methodology/Approach: In this study, we describe the method of project management methodology formation that allows the forming of a specialized methodology for any IT project considering the fuzziness of information about the project, its environment, and existing expert’s recommendations. The method involves 1) collecting baseline information using a questionnaire, 2) calculating weighted Hamming and Euclidean distances, 3) solving a three-criterion optimization problem using a minimax approach with fuzzy input data. Results: All six stages of the project management methodology formation’s method (project evaluation, basis selection, alternative methodologies formation, methodology selection, methodology application, and methodology tailoring) were applied to form a specialized project management methodology for an IT project to increase the possibility of its success. The most appropriate alternative based on DSDM was selected and applied to manage the project. Conclusions: The given method allows the forming of a specialized project management methodology based on the components of Generalized Body of Knowledge for any IT project considering specific conditions of the project and its environment.

Author(s):  
Theresa A. Kraft ◽  
Annette L. Steenkamp

Companies invest significant sums of money in major Information Technology (IT) projects, yet success remains limited. Despite an abundance of IT Project Management (ITPM) resources available to project teams, such as the Project Management Institute (PMI) Body of Knowledge, IT standards and IT governance, a large percentage of IT projects continue to fail and ultimately get scrapped. Recent studies have shown an average of 66% IT project failure rate, with 52% of the projects being cancelled, and 82% being delivered late. The purpose of this research was to provide a way for uncovering potential causes of IT project failures by utilizing a systemic and holistic approach to identify critical success factors for project management. The holistic approach has enabled the development of an ITPM conceptual model, which provides a method to evaluate the critical success factors of a given project, and their alignment with each other. The adoption of the systemic methodology and its implementation increase the potential for IT project success, and alert project leaders of potential problems throughout the life of the project.


Author(s):  
Theresa A. Kraft ◽  
Annette Lerine Steenkamp

Companies invest significant sums of money in major Information Technology (IT) projects, yet success remains limited. Despite an abundance of IT Project Management (ITPM) resources available to project teams, such as the Project Management Institute (PMI) Body of Knowledge, IT standards and IT governance, a large percentage of IT projects continue to fail and ultimately get scrapped. Recent studies have shown an average of 66% IT project failure rate, with 52% of the projects being cancelled, and 82% being delivered late. The purpose of this research was to provide a way for uncovering potential causes of IT project failures by utilizing a systemic and holistic approach to identify critical success factors for project management. The holistic approach has enabled the development of an ITPM conceptual model, which provides a method to evaluate the critical success factors of a given project, and their alignment with each other. The adoption of the systemic methodology and its implementation increase the potential for IT project success, and alert project leaders of potential problems throughout the life of the project.


2020 ◽  
pp. 109-118
Author(s):  
Игорь Владимирович Кононенко ◽  
Светлана Юрьевна Луценко

There are dozens of project management approaches, presented in the form of standards, methodologies, guides. The usage of the approach that best meets the conditions of the project increases the likelihood of its successful completion Choosing an existing approach or creating a specialized guide for managing a specific project is an important and responsible task, especially for large, expensive and critical projects Researchers offer models, methods and recommendations regarding the selection of one of the common approaches to project management that best meets the conditions of the project and its environment. Also, the methods for the formation of specialized approaches to managing large and responsible projects are being developed. To form such approaches, the authors propose combining the components of existing approaches: values and principles, roles and responsibilities, processes, practices, etc., to obtain the greatest positive effect. As a basis for the formation of the approach, a generalized body of knowledge on project management is proposed, which aggregates the components of the most popular project management approaches. An integrated method has been developed to solve the problems of choosing and forming a project management guide. The method involves two main stages: 1) the selection of an existing project management approach, 2) the formation of specialized management by adjusting and modifying the selected basis. The development, addition, and expansion of the generalized body of knowledge, as well as the complexity of the computational procedures provided by the integrated method, necessitates the development of the PMGuide information system for the project management approach selecting and forming. The work presents this information system with a description of its main subsystems and functionality. The correctness of the developed software is confirmed by solving a practical problem. The developed system simplifies working with the contents of the generalized body of knowledge and implements the calculations necessary to select and form an approach to managing a specific project.


2018 ◽  
Vol 34 (1) ◽  
pp. 82-88
Author(s):  
М. М. Pikalkina

In the article the peculiarities of the methodology of project management in knowledge-intensive enterprise. The analysis of the budgeting practices of research topics, presents the results of a study of their budgets. The authors focus on the formation of the expenditure side of budgets, cost planning on various counts. In the article the criteria of selection of the optimal budget.


1979 ◽  
Vol 44 (7) ◽  
pp. 2064-2078 ◽  
Author(s):  
Blahoslav Sedláček ◽  
Břetislav Verner ◽  
Miroslav Bárta ◽  
Karel Zimmermann

Basic scattering functions were used in a novel calculation of the turbidity ratios for particles having the relative refractive index m = 1.001, 1.005 (0.005) 1.315 and the size α = 0.05 (0.05) 6.00 (0.10) 15.00 (0.50) 70.00 (1.00) 100, where α = πL/λ, L is the diameter of the spherical particle, λ = Λ/μ1 is the wavelength of light in a medium with the refractive index μ1 and Λ is the wavelength of light in vacuo. The data are tabulated for the wavelength λ = 546.1/μw = 409.357 nm, where μw is the refractive index of water. A procedure has been suggested how to extend the applicability of Tables to various refractive indices of the medium and to various turbidity ratios τa/τb obtained with the individual pairs of wavelengths λa and λb. The selection of these pairs is bound to the sequence condition λa = λ0χa and λb = λ0χb, in which b-a = δ = 1, 2, 3; a = -2, -1, 0, 1, 2, ..., b = a + δ = -1, 0, 1, 2, ...; λ0 = λa=0 = 326.675 nm; χ = 546.1 : 435.8 = 1.2531 is the quotient of the given sequence.


2021 ◽  
Vol 24 (2) ◽  
pp. 1-35
Author(s):  
Isabel Wagner ◽  
Iryna Yevseyeva

The ability to measure privacy accurately and consistently is key in the development of new privacy protections. However, recent studies have uncovered weaknesses in existing privacy metrics, as well as weaknesses caused by the use of only a single privacy metric. Metrics suites, or combinations of privacy metrics, are a promising mechanism to alleviate these weaknesses, if we can solve two open problems: which metrics should be combined and how. In this article, we tackle the first problem, i.e., the selection of metrics for strong metrics suites, by formulating it as a knapsack optimization problem with both single and multiple objectives. Because solving this problem exactly is difficult due to the large number of combinations and many qualities/objectives that need to be evaluated for each metrics suite, we apply 16 existing evolutionary and metaheuristic optimization algorithms. We solve the optimization problem for three privacy application domains: genomic privacy, graph privacy, and vehicular communications privacy. We find that the resulting metrics suites have better properties, i.e., higher monotonicity, diversity, evenness, and shared value range, than previously proposed metrics suites.


Author(s):  
Michael Elliott ◽  
Ray Dawson

With almost thirty years since the start of our quest to find Fred Brooks' magical “Silver Bullet” to slay our productivity horrors, and twenty years since the first Standish report on IT project success and failures, are we getting closer? This paper discusses and challenges current thinking on process improvement initiates to provide answers of how we can significantly improve IT project productivity and consider that to achieve a step change in improvement requires a different approach. Recent Standish research has highlighted the Agile Methodology as being particularly successful for the smaller IT project. However, what specifically is creating this improvement? Is it the process itself or is there something that the process enables? The hypothesis presented is that in order to create the step change improvement in IT project management delivery, we need to significantly improve the inter-personal skills of the whole IT project management team. The revolution for improved productivity will stem from challenging the typical career paths of technology learning to provide a much greater focus on the softer skills.


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