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Quantifying Forecast Quality of IT Business Value

Quantifying Forecast Quality of IT Business Value This article discusses how to quantify the forecasting quality of IT business value. We address a common economic indicator often used to determine the business value of project proposals, the Net Present Value (NPV). To quantify the forecasting quality of IT business value, we develop a generalized method…

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…

Improving the Predictability of IT Investment Business Value

Improving the Predictability of IT Investment Business Value Limitations in our ability to adequately forecast the expected value of IT investments represent a notable impediment to efforts to develop business cases that can be relied upon when making IT investment decisions. This undermines the effectiveness of these decisions and threatens the benefits that a portfolio…

Speeding Up Time-to-Market of IT Investments

Speeding Up Time-to-Market of IT Investments Speed is important as it helps organisations realising goals earlier and outperforming competition. 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…

Social Science #computing2018, London

Social Science #computing2018, London Are you interested in implementing AGILE or WATERGILE into your organisation? Please feel free to learn from insights from Social Science, which has been attended by our Founder Mark van der Pas. A field research presented at #computing2018 has shown that the biggest levers are: Subjective Norm (influence from people in…

Cloudify Your Reports

Cloudify Your Reports Are you tired of searching, copying and pasting project information in recurring status updates? Would you like your team to use their time more effectively as to reformatting slides or spread sheets for senior management updates over and over again? Recent studies have shown, that corporate employees in central office functions spend…

Escalation of commitment in NPD and COST SAVING IT projects

Escalation of commitment in NPD and COST SAVING IT projects Stopping unsuccessfull IT projects is high on the agenda of senior management. Learn from the natural experiment we published on how to influence project approvals and rejections in waterfall environments just by changing the governance setup. See how you can avoid ‘escalation of commitment’ by…

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…

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