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

Title data

Fridgen, Gilbert ; Klier, Julia ; 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 . - 12.
ISSN 2158-6578
DOI: https://doi.org/10.1145/2638544

Official URL:

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 > Professor Information Systems and Digital Energy Management Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Former Professors > Professor Information 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 > Branch Business and Information Systems Engineering of Fraunhofer FIT Research Institutions > Affiliated Institutes > FIM Research Center for Information Management Profile Fields Profile Fields > Emerging Fields Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Former Professors
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:	19 Oct 2023 13:01
URI:	https://eref.uni-bayreuth.de/id/eprint/7775