Estimation quality

Estimation quality Estimating the time needed to execute an IT project has turned out to be a major challenge in daily praxis. Despite high inaccuracies, these estimations are important as they can be used to determine the cost for offering an IT project and in deciding whether to execute it at all. In this study…

Machine learning

Machine learning Canceling ideas and projects is an important part of the Innovation Portfolio Management (IPM) process as stopping the unsuccessful ones avoids sunk costs and sets free resources for successful ideas and projects. In this article, we analyzed within IPM the cancellation of ideas and projects by gatekeeping boards as well as the possibilities…

SPEEDING UP TIME-TO-MARKET OF IT INVESTMENTS

In this paper we study drivers for time-to-market based on a ten year natural experiment in a large, IT intensive, commercial organisation. It is shown that the amount of projects and the cost per project are correlated positively to time-to-market. Furthermore different incentive structures hold clear influence on time-to-market; changing them has shown to be…

Quantifying forecast quality of IT businessvalue

Using the generalized method, we determine the forecasting quality of the NPV, along with the benefits and cost using real-world data of another 102 IT assets with a total business value of 1812 million Euro. For the real-world case study, we will find that the quality of the forecasted NPVs is lower than the forecasted…