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Optimal IT Project Selection: Quantification of Critical Scoring Criteria.

Research output: Chapter in book/report/conference proceedingConference contributionResearchpeer review

Authors

Details

Original languageEnglish
Title of host publicationProceedings Projektmanagement und Vorgehensmodelle 2022
Subtitle of host publicationVirtuelle Zusammenarbeit und verlorene Kulturen?
EditorsMasud Fazal-Baqaie, Oliver Linssen, Alexander Volland, Enes Yigitbas, Martin Engstler, Martin Bertram, Axel Kalenborn
Pages49-62
Number of pages14
ISBN (electronic)9783885797210
Publication statusPublished - 2022

Publication series

NameLecture Notes in Informatics (LNI), Proceedings - Series of the Gesellschaft fur Informatik (GI)
VolumeP-327
ISSN (Print)1617-5468
ISSN (electronic)2944-7682

Abstract

The management of IT project portfolios is challenging because of IT projects’ complexity, dynamics, unknowns, and uncertainties. IT projects account for a large IT budget proportion and significantly influence value contribution, strategic development, goal achievements, and competitive advantages. Many IT projects still fail, exceed time and resources, and do not reach their planned goals because of wrong decisions, unsatisfactory evaluation, and missing selection criteria. Thus, a continuous IT project scoring and selection is crucial to enable an optimal portfolio composition. We conduct a systematic literature review and 14 semi-structured qualitative expert interviews to develop a uniform and holistic scoring approach. Our findings show that IT projects’ urgency, strategy, efficiency, risk, and complexity are critical IT project scoring criteria. Our scoring approach increases objectivity and quality in evaluating planned and running IT projects and allows more convincing and transparent decisions.

Keywords

    Information Technology (IT) Projects, IT Project Evaluation, IT Project Portfolio Management (ITPPM), Scoring Criteria, Scoring Model

ASJC Scopus subject areas

Cite this

Optimal IT Project Selection: Quantification of Critical Scoring Criteria. / Karrenbauer, Christin; Breitner, Michael H.
Proceedings Projektmanagement und Vorgehensmodelle 2022 : Virtuelle Zusammenarbeit und verlorene Kulturen?. ed. / Masud Fazal-Baqaie; Oliver Linssen; Alexander Volland; Enes Yigitbas; Martin Engstler; Martin Bertram; Axel Kalenborn. 2022. p. 49-62 (Lecture Notes in Informatics (LNI), Proceedings - Series of the Gesellschaft fur Informatik (GI); Vol. P-327).

Research output: Chapter in book/report/conference proceedingConference contributionResearchpeer review

Karrenbauer, C & Breitner, MH 2022, Optimal IT Project Selection: Quantification of Critical Scoring Criteria. in M Fazal-Baqaie, O Linssen, A Volland, E Yigitbas, M Engstler, M Bertram & A Kalenborn (eds), Proceedings Projektmanagement und Vorgehensmodelle 2022 : Virtuelle Zusammenarbeit und verlorene Kulturen?. Lecture Notes in Informatics (LNI), Proceedings - Series of the Gesellschaft fur Informatik (GI), vol. P-327, pp. 49-62. <https://dl.gi.de/items/5ba1a371-d63f-45fa-b4c8-87f2e35d49c1>
Karrenbauer, C., & Breitner, M. H. (2022). Optimal IT Project Selection: Quantification of Critical Scoring Criteria. In M. Fazal-Baqaie, O. Linssen, A. Volland, E. Yigitbas, M. Engstler, M. Bertram, & A. Kalenborn (Eds.), Proceedings Projektmanagement und Vorgehensmodelle 2022 : Virtuelle Zusammenarbeit und verlorene Kulturen? (pp. 49-62). (Lecture Notes in Informatics (LNI), Proceedings - Series of the Gesellschaft fur Informatik (GI); Vol. P-327). https://dl.gi.de/items/5ba1a371-d63f-45fa-b4c8-87f2e35d49c1
Karrenbauer C, Breitner MH. Optimal IT Project Selection: Quantification of Critical Scoring Criteria. In Fazal-Baqaie M, Linssen O, Volland A, Yigitbas E, Engstler M, Bertram M, Kalenborn A, editors, Proceedings Projektmanagement und Vorgehensmodelle 2022 : Virtuelle Zusammenarbeit und verlorene Kulturen?. 2022. p. 49-62. (Lecture Notes in Informatics (LNI), Proceedings - Series of the Gesellschaft fur Informatik (GI)).
Karrenbauer, Christin ; Breitner, Michael H. / Optimal IT Project Selection : Quantification of Critical Scoring Criteria. Proceedings Projektmanagement und Vorgehensmodelle 2022 : Virtuelle Zusammenarbeit und verlorene Kulturen?. editor / Masud Fazal-Baqaie ; Oliver Linssen ; Alexander Volland ; Enes Yigitbas ; Martin Engstler ; Martin Bertram ; Axel Kalenborn. 2022. pp. 49-62 (Lecture Notes in Informatics (LNI), Proceedings - Series of the Gesellschaft fur Informatik (GI)).
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title = "Optimal IT Project Selection: Quantification of Critical Scoring Criteria.",
abstract = "The management of IT project portfolios is challenging because of IT projects{\textquoteright} complexity, dynamics, unknowns, and uncertainties. IT projects account for a large IT budget proportion and significantly influence value contribution, strategic development, goal achievements, and competitive advantages. Many IT projects still fail, exceed time and resources, and do not reach their planned goals because of wrong decisions, unsatisfactory evaluation, and missing selection criteria. Thus, a continuous IT project scoring and selection is crucial to enable an optimal portfolio composition. We conduct a systematic literature review and 14 semi-structured qualitative expert interviews to develop a uniform and holistic scoring approach. Our findings show that IT projects{\textquoteright} urgency, strategy, efficiency, risk, and complexity are critical IT project scoring criteria. Our scoring approach increases objectivity and quality in evaluating planned and running IT projects and allows more convincing and transparent decisions.",
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AU - Karrenbauer, Christin

AU - Breitner, Michael H.

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PY - 2022

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