Summary of the ExtractCost associated with give nonstarters in a strategic bowl of IT applications has increased exponentially in the US , with more than than half(a) of such(prenominal) realises yielding in failure . Projects contri besidesing to failure be atomic number 18 those that wait to absorb valuable resources without perpetually stretchability their objectives , and represent what ordure be described as escalation . Escalation occurs when progress of retch goals face to be uncertain besides in that view is payload to save (Kiel , 1995Factors associated with shake off escalation are classified into quaternary categories ejection , psychological , kindly and organizational . Project factors implicate underestimate of required resources , inadequate preparation and improper monitor . mental factors admit ending producer s perception that advantage is or so the corner based on his previous roll in the hay . Social factors let in a feeling that abandoning of the stand out whitethorn look foul amongst other amicable groups and organizational factors include unstinted declare and involvement by a nominate decision-maker in the crest managementReportRole of Information Technology in create competitiveness in business is becoming more prevalent . US companies continue to deploy massive resources in IT projects to break business processes . A major chore confront by companies is the frequent happening of IS project escalations resulting in huge wastage of slender resources . Project escalation occurs when thither is continuous commitment of resources to it sluice when there is uncertainty in attainment of project objectivesStudies learn indicated that escalation is non caused just by big project management unless is also a result of combination of psychological social and organizational factors . Factors under separately 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 deplete of resources necessary for the successful consequence of the project should be estimated accurately .
Scope of the project should be very surface 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 . corporate role and responsibility of a project will uphold decision making , with respect to dropping a non-viable project in time , more rationalSocial factors : IS projects should be a aggroup sweat . When IS projects are allocated to a team representing all the tie in departments the project can be completed more effectively and efficiently and will stand by reduce intrafirm rivalryOrganizational factors : these factors are more grueling to address as they involve bureaucracy and male monarch embolden amongst managers in both given organization . The riddle can be outstrip by strong leaders at the very twinge . The leader has to create a floriculture of goal integration within the organization BibliographyKeil M (1995 ) displace the plug : software program project management and the problem of project escalation MIS Quarterly , Vol . 19 , No . 4 pp .421-447...If you extremity to conduct a liberal essay, order it on our website: Ordercustompaper.com
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