![]() A Five-step TOC thinking process framework that will enable project management teams to develop an integrated strategy is also discussed in this study.ĭoping is a well-known problem in competitive sports. Such measures can be used to examine the effectiveness and efficiency of IT project management. This study will use the combined effects of SWOT analysis and TOC to measure the potential benefit and cost tradeoffs. By minimizing trade-offs, proper selection of projects may be achieved. ![]() The selection of projects using evaluation and selection tools from the myriad of proposed projects, particularly when all of them promise value to the organization remain highly challenging. Due to limited resource availability and much needed timely delivery of projects, organizations consider a number of trade-offs during the entire lifecycle of an IT project. The purpose of this study is to synergize the role of Strengths, Weakness, Opportunities and Threats (SWOT) analysis and the Theory of Constraint (TOC) approach in the planning and execution of Information Technology (IT) projects. ![]() This study focuses on the potential cost and benefit analysis of Information Technology projects.
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