Framework for Project Management of IT Investment by P2M

Abstract

The definition and the approach of IT investment project/program management at Scheme model phase are specified. The Scheme model of P2M specifies how to initiate a project/program and takes over to System model. However, specific approach is not specified in IT project management field. Many experts in this field have pointed out that many IT project/program failures have come from the lack of the definition of specific approach in Scheme model (upstream) and implementation based on that approach. In this paper, 10 steps approach is introduced how to proceed with the project/program at Scheme model phase from the owner's point of view.