Project budget and prevent massive cost overruns

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Reference no: EM132184566

1. Controversial Impact of IS/IT Projects

Looking at your region and/or country, briefly describe an IS/IT project that could have a controversial impact or side effect. As a project manager of such a project, what might you do to address this impact or side effect?

2. Cost Management

Discuss why many IT professionals overlook cost management. What strategies are used by project managers to control the project budget and prevent massive cost overruns? Share your thoughts on the forum.

Reference no: EM132184566

Questions Cloud

Successful companies realize that human resource management : Successful companies realize that human resource management is the key to the success of the projects

Organization for managing stakeholder engagement : Discuss the methods used in your organization for managing stakeholder engagement. Which approach is most effective and why do you think so?

Describe project that has suffered from scope creep : Describe a project that has suffered from scope creep? Do you think the scope creep issues could have been avoided?

Project communication methods : Discuss the advantages and disadvantages of the different ways of distributing project information.

Project budget and prevent massive cost overruns : What strategies are used by project managers to control the project budget and prevent massive cost overruns?

When might the concepts of transformational leadership : When might the concepts of transformational leadership be beneficial to an organisation, and when might they be counterproductive?

Organisation has already invested heavily in technology : By the time an IS/IT project reaches the stage of evaluating architectures, it is quite possible that organisation has already invested heavily in technology

What do you think is causing some of the problems : What do you think is causing some of the problems in the company? Do you think transfering Mary to another Department would help solve the problem?

Leadership goals in today global business environment : What barriers exist to reaching leadership goals in today's global business environment?

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