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Improving Business Value Assurance in Large-Scale IT Projects – A Quantitative Method Based on Founded Requirements Assessment

Title data

Fridgen, Gilbert ; Klier, Julian ; Beer, Martina ; Wolf, Thomas:
Improving Business Value Assurance in Large-Scale IT Projects – A Quantitative Method Based on Founded Requirements Assessment.
In: ACM Transactions on Management Information Systems. Vol. 5 (2015) Issue 3 . - 11/1-11/17.
ISSN 2158-6578
DOI: https://doi.org/10.1145/2638544

Official URL: Volltext

Abstract in another language

The probability of IT project failures can be mitigated more successfully when discovered early. To support a more insightful management of IT projects, which may also facilitate an early detection of IT project failures, transparency regarding a project’s cash flows shall be increased. Therefore, an appropriate analysis of a project’s benefits, costs, requirements, their respective risks and interdependencies is inevitable. However, to date, in requirements engineering only few methods exist that appropriately consider these factors when estimating the ex ante project business case. Furthermore, empirical studies reveal that a lot of risk factors emerge during the runtime of projects why the ex ante valuation of IT projects even with respect to requirements seems insufficient. Therefore, using the Action Design Research approach, we design, apply, and evaluate a practicable method for value-based continuous IT project steering especially for large-scale IT projects.

Further data

Item Type: Article in a journal
Refereed: Yes
Keywords: Requirements engineering, business value of IT, IT project controlling, value assurance, Action Design Research
Institutions of the University: Faculties
Faculties > Faculty of Law, Business and Economics
Faculties > Faculty of Law, Business and Economics > Department of Business Administration
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Professorship Business Informations Systems and sustainable IT management
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Professorship Business Informations Systems and sustainable IT management > Professorship Business Informations Systems and sustainable IT management- Univ.-Prof. Dr. Gilbert Fridgen
Profile Fields > Emerging Fields > Innovation and Consumer Protection
Research Institutions
Research Institutions > Affiliated Institutes
Research Institutions > Affiliated Institutes > Fraunhofer Project Group Business and Information Systems Engineering
Research Institutions > Affiliated Institutes > FIM Research Center Finance & Information Management
Profile Fields
Profile Fields > Emerging Fields
Result of work at the UBT: Yes
DDC Subjects: 000 Computer Science, information, general works > 004 Computer science
300 Social sciences > 330 Economics
Date Deposited: 31 Mar 2015 09:03
Last Modified: 14 Mar 2018 06:27
URI: https://eref.uni-bayreuth.de/id/eprint/7775