Mini Project An Expensive False Start 5 Marks A Real Estate Group In The Federal Government Cosponsored A Data Warehou 1 (53.74 KiB) Viewed 37 times
Mini-Project An Expensive False Start (5 Marks) A real-estate group in the federal government cosponsored a data warehouse with the IT department. In the formal proposal written by IT, costs were estimated at $800,000, the project duration was estimated to be eight months, and the responsibility for funding was defined as the business unit's. The IT department proceeded with the project before it even knew if the project had been accepted. The project actually lasted two years because requirements gathering took nine months instead of one and a half, the planned user base grew from 200 to 2,500, and the approval process to buy technology for the project took a year. Three weeks prior to technical delivery, the IT director canceled the project. This failed endeavor cost the organization and taxpayers $2.5 million.
Q3.R3. As IS project manager, demonstrate the key project parameters that you would balance and sometimes you might make a trade-offs among them to end up with a successful project.
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