Full life cycle framework in it governance, Other Management

Assignment Help:

The full lifecycle framework

The objective of this section is to introduce the full lifecycle approach proposed by Berghout et al. (2002). This framework  deals  in an effective manner with project dynamics and management learning issues throughout  the full lifecycle representing a chance for organizations willing to improve their state of IT costs and benefits management. This framework is one of the available methods which include informal assessments and that does not underestimate IT complexity. Next, the full lifecycle framework will be presented for introductory purposes.

IT projects are complex, since managing costs and benefits of IT projects involve risks and uncertainty. Risks and uncertainty decrease during the project. However, at the same time, possibilities to change the information systems also decrease. This phenomenon is called the 'IT management paradox" (Berghout et al. 2002). For example, when IT is already in use, risks are lower, even so, the possibilities are lower to adapt operational systems to new requirement (Ibid.). Moreover, from a cost/benefit view, the activity of exploiting IT represents 60%-80% of the overall lifecycle costs while the possibility to limit these costs or increase benefits is very small (Ibid.). Consequently, not only the development costs but the complete lifetime of IT costs should be evaluated in order to avoid building information systems that will not deliver enough benefits during its exploitation (Ibid.).  

1149_Full lifecycle framework.png
Figure 1: Incomplete benefit analysis (Berghout & Nijland 2002)

A lifecycle approach could help organizations with the assessment of "project dynamics" and the introduction of "management learning" in order to improve the state of management of cost/benefit in organizations. "Project dynamics" means that an organization might evaluate a project at any of several stages during its development and implementation: evaluation becomes a continuous and dynamic process. Thus, project should not only be evaluated at the initial stage but also through the stages of its lifetime (Farbey et al. 1999). "Management learning" means that a certain organization learn lessons from prior projects. As a result, relevant experiences can be reused for developing realistic and more accurate expectation for the approval of new IT investments (Ibid.).   

Different approaches to lifecycle management exist and recognize the importance of managing IT investment throughout their full economic lifecycle (Swinkels 1997; Willcocks 1994; Thorp 1998. See similar full lifecycle propositions in appendix 8: Willcocks et al. 1997; Cio.de 2003). The full lifecycle management approach by Berghout & Nijland (2002) has been selected for this research because it is an effective scientific based approach for dealing with project dynamics and management learning issues. The full lifecycle management approach consists of several methods and techniques to manage information systems along the system's lifecycle (Ibid.). One of its techniques is the IT governance quick scan that can be used to visualize how organizations handle IT cost/benefit management.

The traditional full lifecycle comprises three major lifecycle activities: planning stage, development stage and exploitation stage. In 
the planning stage the relevance of IT is examined in comparison to other possible business investments, new IT investments are 
identified and their individual importance among all potential IT investments is established.  In the development stage, the prioritized 
investment proposals are designed, built, tested and implemented. Finally, in the exploitation stage, the information systems are 
operated, controlled and maintained (Berghout & Nijland 2002). 
Berghout & Nijland (2002) expand the traditional full lifecycle by including new stages within the lifecycle activities (see 
figure 19 below) . The planning stage includes the prioritization of IT against non-IT and the prioritization between IT investments. 
The development stage focuses on designing, building, testing and implementing of information systems investments. The exploitation 
stage involves operating, maintaining and discarding operational information systems. The phase abandon indicates that IT does not 
live forever. The different lifecycles stages have diverse costs and benefits and their calculation at each stage requires a profound 
understanding from the performance of the other lifecycle phases. 
814_Full lifecycle framework1.png
Figure 2: Three major lifecycle activities (Berghout & Nijland 2002)
In principle, evaluation will take place in each of the stages previously mentioned and involves different stakeholders such as 
strategic management, IT management and line management. Firstly, a top-down, bottom-up and inside-out evaluation is conducted 
for identifying interesting IT investments. Secondly, the evaluation continues in the justification stage by prioritizing investments. 
Thirdly, the evaluation continues during the development stage by managing the costs, benefits and time schedule of projects. 
Fourthly, the evaluation occurs during the exploitation stage by controlling functionality, by allocating costs and by managing 
benefits. The evaluation in each stage is important because it provides useful information about the state of cost/benefit 
management of present IT projects and because it allows organizations to create valuable knowledge for future IT projects 
549_Full lifecycle framework2.png
Figure 3: The Full Lifecycle Management in practice (Berghout et al. 2002)

The full lifecycle framework could make an important contribution for scholars and practitioners willing to obtain more benefits from IT. In chapter 2, it has been shown that CobiT 5 aims the realization of benefits from IT, for example , with the IT related goals "realise benefits from IT enabled investments and services portfolio" (CobiT 5 2012). Comparable to ISACA, the full lifecycle framework also pursues the realization of IT benefits. Furthermore, the full lifecycle framework includes additional aspects such as project dynamics and management learning issues which might improve the actual state of cost/benefit management in many organizations.


Related Discussions:- Full life cycle framework in it governance

Conflicting factors - problems in acquisition, Conflicting Factors: De...

Conflicting Factors: Demand, supply and finance are the three major factors governing collection development. Both demand and supply will be increasing while finance will be a

Describe michael porter''s five generic strategies, QUESTION 1 Describe...

QUESTION 1 Describe Michael Porter's five generic strategies QUESTION 2 You have been assigned the responsibility to carry out a SWOT analysis in the organization you a

Document delivery service, Document Delivery Service:   The primary res...

Document Delivery Service:   The primary responsibility of the library is to provide the user with the texts (we may call them original documents). If the original documents ar

Library catalogue-introduction, LIBRARY CATALOGUE-Introduction Library...

LIBRARY CATALOGUE-Introduction Library catalogue is an essential and important tool for any library. This tool has been developed to facilitate the use of reading materials in

Analyze the national and regional planning process, QUESTION Previously...

QUESTION Previously, there was much emphasis on preparation of the end state ‘master plan', which was assumed to be sufficient for guiding and controlling future development pa

Penalty, P enalty Penalties should aim at fixing a problem when it ari...

P enalty Penalties should aim at fixing a problem when it arises and ensuring that it does not recur. Guidelines to note while stipulating penalties are: Penalties shou

Standardization of methods, 1.  Straight Flow Line: The shortest  distanc...

1.  Straight Flow Line: The shortest  distance between two given  points  is the straight line.  This  line  provides a guideline for the path  to follow. 2.   Standardizatio

What are the e-hr strategies, Question 1: What are the e-HR strategies...

Question 1: What are the e-HR strategies and guidelines that organisations need to consider when adopting use of technology to attract talented employees and discuss in det

Pro-quest international powerpages, Pro-Quest International Powerpages: ...

Pro-Quest International Powerpages: Pro-Quest International Powerpages is another full-text journal database on CD-ROM, offered commercially by the publisher UMI. The UMI(form

Quality assurance plan, Q uality assurance plan The quality assurance ...

Q uality assurance plan The quality assurance plan is to establish the goals, the process and the responsibilities needed to implement the effective quality assurance function

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd