IT Projet Management Essay Example | Topics and Well Written Essays - 2500 words

IT Projet Management - Essay Example Company’s website contains all information, contact information, profile, careers and other related information for customer’s ease. Some companies display testimonials from customers on their website so that a new consumer can have an idea about their authenticity. Showing companies worth on websites help in attracting customers and bringing new business opportunities. Information technology has changed a business processes, it has given a new edge to companies sale and their income. E-commerce website are playing a vital role in bringing new opportunities in businesses. Business processes have achieved a new form and giving extra advantages to their consumers. Companies can sell their services and products online which helps in boosting their sales and customer can order their required product from home, office or workplace without going out. Company gets additional amount and the customer gets his desired product at home within few business hours. E-commerce websites are the best solution to sell services and products for the betterment of business in shortest time span. All company needs is a strong marketing of their website, a strong promotion of their websites through legal ways. Developing an IT project is not an easy task, it involves a lot of issues both technical and non-technical. It seems a few clicks story but behind the scene, picture is totally different. It involves lots of technicalities, issues and other facts that need to be solved for delivering a bug free online solution. As an IT manager, it’s really hard to manage all things over one platform while being on triple constraint i.e time, cost and quality. Three constraints are really hard to meet that’s the only reason IT projects get failed. As, things are getting better and information technology industry is frequently discovering new edges, projects are started being delivered on time, within budget while maintaining quality. Most of the IT solution providers offer 6 months free maintainance to their customers. These days, companies are preferring having e-commerce solution for their business, the only reason of this change is the growth in IT industry. IT industry applying new technologies, new techniques and has started delivering project on time and within budget. No doubt, still there is a vast room for improvement but industry has grown a lot. When a project starts, the main responsibility is of IT Project manager, he has to deal with all staff, both technical and non- technical, client and the management. He has to satisfy all stakeholders by all means till the project ends. Being an IT project manager it’s really hard to follow all three constraints i.e. time, cost and quality. Triple Constraint Project management is the field of securing, utilizing, and managing resources in order to obtain the successful and on time achievement of specific project objectives and goals. Sometime, it is blended with program management never theless technically that is basically a level up construction: a radical of linked and up to some extent connected engineering projects. Project Management is the discipline of managing resources such as scope, time and cost to achieve a desired result. Three constraints are also known as triple constraint. Triple Constraint

Advantages and disadvantages of outsourcing Essay

Advantages and disadvantages of outsourcing - Essay Example Various functions of the business can be outsourced. The function which are most popular in outsourcing are IT functions, customer care, human resource, financial functions, marketing function etc. Nike the famous sports accessories company had outsourced the work of manufacturing shoes to countries like India and China as this will reduce the cost is an example of outsourcing. Off shoring is also a type of outsourcing. When a company outsources its work to other companies which are situated in different countries is known as off shoring. The main off shoring companies are Price Waterhouse Coopers, HSBC, TCS, Wipro, IBM, Capgemini, Genpact etc. the various type of outsourcing are business process outsourcing, knowledge process outsourcing, finance and accounting outsourcing, legal process outsourcing, human resource process outsourcing etc. Outsourcing has resulted in increase in the number of employment. The process of outsourcing mainly consists of four stages they are 1) identifyi ng whether outsourcing is required by the company 2) identifying and selecting the activities which can be outsourced 3) developing the contract 4) delegating the authority to the service provider so that the working can be smooth. The contract contains mainly three things they are the price at which the service will be provided, the legal terms and condition and the service level agreement. Outsourcing can be done by function, region and industry. 2. Growing Importance of Outsourcing With every passing day outsourcing is becoming popular. As per a study conducted by Capgemini more than 70% of executives think that in today’s competitive world outsourcing is important for survival. About 70% executives feel that savings made by outsourcing can be used for growth and 60% feel that flexibility can be achieved through outsourcing. Companies in manufacturing sectors prefer outsourcing more than the companies in service sector. The decisions of outsourcing are taken after assessin g the profitability and companies, ability to grow. Companies who do outsourcing can invest their savings for future growth and innovation. Thus these companies are in better position than the companies who do not do outsourcing as they can save less than the former ones (Brady, 2011). Outsourcing helps the company not only to save money but also to achieve expert service. The firms who do the outsourced work have the human resource who are specialised to do that particular work. In this way the company can utilise expert skill that to without making any capital investment. Thus through outsourcing companies achieve reduction in cost as well as quality service. This is the main reason of growing popularity of outsourcing. Outsourcing is becoming a major business activity which has the potential of becoming an industry. In figure 1 we can see the growth of outsourcing in different sectors. As per the figure about 61% of outsourcing is done in software development, 58% in website and e- commerce, 55% in hosted application, 53% in disaster recovery service and 32% in data centre operations. The use of outsourcing has been increased most in software development organisations. There is almost 14% increase in outsourcing in website and e-commerce sector. The second largest increase in outsourcing is in hosted applications sector. In help desk activities there is no decrease in outsourcing. Thus one can find that every sector is involved in outsourcing. The activities outsourced ranges from