Associate Professor MIS Department UNLV MIS 746 IS Project Management Dr. Honghui Deng Associate Professor MIS Department UNLV

Educational Background Ph.D., Red McCombs School of Business, University of Texas at Austin, 2002 --MSIS, OR/OM, Finance --Co-Supervised by Dr.s William W. Cooper & Patrick Brockett Visiting Scholar, Red McCombs School of Business, UT-Austin, 1997-1999 --Marketing Department MBA, College of Business Administration, Chongqing University, China, 1994 --Marketing & Finance B.E, Chongqing University, 1990 --Electronic and Computer Engineering

Working Experience Academic Experience: Industrial Experience: Associate Professor, School of Business, the University of Nevada, Las Vegas Research Associate, Center of Risk Management & Insurance, School of Business, University of Texas at Austin Instructor, MSSTC Program, The Innovation Creativity Capital Institute (IC2), Visiting Professor, Marketing Dept., School of Business, UT Austin Project Official, The Ministry of Education of China, Beijing, China Lecturer, College of Electronic Information Engineering, Chongqing University, China Industrial Experience: Strategy Consultant ，Rapp Collins Inc. of Omnicom Group Ass. of Director & Consultant ，IC2 and Texas Tech. Incubator Co-Founder & CEO, HHD Consulting LLC. Membership: The Institute of Operations Research and the Management Sciences (INFORMS) Association of Risk Management & Insurance Association for Information Systems (AIS)

Current Research IT Strategy & Organization Knowledge Management Operations Research Management Science Risk Management and Insurance Decision Science Data Communication & Networks

Teaching Experience Data Communications & Networks Management Information Systems Commercialization Strategy Statistics Applied Information Technology Supply Chain Management & Operation Strategy Project Management

Agenda for Today IS Project Management Landscape Overview of syllabus and course objectives Student information sheet Chapter 1

New Challenges --Knowledge Management Dell Computer Inc. Increasing Digitalization of IT Industry Amazon. com, CD.com etc.

In the first half of the twentieth century industry replaced agriculture, in the second half of the twentieth century –“service” has replaced “manufacturing” -and right now, the knowledge industry is beginning to replace the others. −−George Kotzmetzk

George Kotzmetzk

Knowledge Economy/Firm A collection of data is not information. A collection of information is not knowledge. A collection of knowledge is not wisdom. A collection of wisdom is not truth.

Project Management Framework

Introduction of IS Project Management MIS 746 CHAPTER 1 Introduction of IS Project Management

Definition/Example Alton Bridge Projects — Concepts PM1 Definition/Example Alton Bridge

1. Motivation to study PM Information system projects are notorious for budget overrun and delay. More importantly, the challenges of satisfying rising expectations for information systems require better management of project development.

A Standish Group study found that only 1. Motivation to study PM A Standish Group study found that only a. 16.2% b. 35.4% c. 49.3% d. 62.9% of IT projects were successful.

A Standish Group study found that 1. Motivation to study PM A Standish Group study found that a. 16.2% * b. 35.4% c. 49.3% d. 62.9% of IT projects were successful.

The same study also found that 1. Motivation to study PM The same study also found that a. 31% b. 22% c. 17.3% d. 37.5% of IT projects were cancelled before completion, costing over $81B in the U.S. alone.

The same study also found that 1. Motivation to study PM The same study also found that a. 31% * b. 22% c. 17.3% d. 37.5% of IT projects were cancelled before completion, costing over $81B in the U.S. alone.

Studies have shown that 1. Motivation to study PM Studies have shown that a. 73% b. 55% c. 42.3% d. 31.5% of all ERP implementations fail!

Studies have shown that 1. Motivation to study PM Studies have shown that a. 73% * b. 55% c. 42.3% d. 31.5% of all ERP implementations fail!

Of the few companies that actually do implement an ERP system, 1. Motivation to study PM Of the few companies that actually do implement an ERP system, _____% of the implementations run behind schedule and cost more than originally planned.

Of the few companies that actually do implement an ERP system, 1. Motivation to study PM Of the few companies that actually do implement an ERP system, _50_% of the implementations run behind schedule and cost more than originally planned.

Growth in PMP Certification

1. What is project management Project management is “the application of knowledge, skills, tools, and techniques to project activities in order to meet or exceed stakeholder needs and expectations from a project.” Source: PMI, Project Management Body of Knowledge (PMBOK Guide), 1996, p. 6

Projects Build A A Done Build B B Done Build C C Done Build D Ship JAN FEB MAR APR MAY JUN On time! Unique, one-time operations designed to accomplish a specific set of objectives in a limited time frame.

1. Stakeholders Stakeholders are all the people involved with the project or with the outcome of the project: Project sponsors Project manager Team members Management Customers Suppliers

Attributes of information system projects is temporary has a specific purpose has primary sponsors or customers involves uncertainty requires resources (human, financial, structural, organizational) is subject to expectation change

1. Constraints Triple constraints scope (requirements) time cost There is a trade off between these competing constraints for any project. For example, it may cost more to reduce time. The project manager must think of a balance between these constraints for each project.

Figure 1-1. The Triple Constraint of Project Management Successful project management means meeting all three goals (scope, time, and cost) – and satisfying the project’s sponsor!

Important activities for any information system development: initiating planning executing controlling closing

1. Important PM skills Technical abilities Communication skills Documentation/organization People skills Fiscal understanding Change management Leadership Time management Problem solving Administrative skills/closure

Information technology has: 1. Modern organizations Information technology has: Empowered workers provided greater control over tasks revised job descriptions added responsibilities increased integration reduced need for middle level management increased work planning, horizontal and vertical communication

Information technology has reshaped the role and definition of work: 1. Modern organizations Information technology has reshaped the role and definition of work: Instant coordination jobs have become more abstract jobs involve sense making careers are more specialized technology application across functions technology application in the context of business mission, goals, and objectives.

1. Impact The traditional job of system analyst is gradually redefined beyond needs analysis, design, development, and implementation. Project managers have replaced middle managers in many organizations. Project management responsibilities span from understanding the technology to managing people to understanding business needs.

1. Project life cycle Different project life cycle models exist. A typical information system project goes through: Initiation stage planning stage development stage implementation stage closing stage

A three-fold perspective: 1. Course perspective A three-fold perspective: the job of information systems project management the person responsible for the project from the beginning to the end the tools and procedures necessary to accomplish project objectives These are interrelated and difficult to discuss separately.

1. Course perspective For a broad spectrum of information system professionals. Balance between the science and the art of information system project management. Critical issues such as evaluation, planning, and strategy are discussed as well as analytical skills such as use of networks and PERT-CPM. Both set of skills are necessary.

Q&A

Quick Quiz What three knowledge areas comprise the triple constraint of Project Management? Modern Project Management began with what Project? What is project? How is it different from what most people do in their day-to-day job?

1. Discussion question The Technical and Sociocultural Dimensions of the Project Management Process

1. Discussion question It is suggested that technical aspect represents the “science” of project management and sociocultural aspect represents the “art” of managing a project. What do you think of this statement?

1. Discussion question In your opinion, what are the most important individual traits for a successful information system project manager? What in your opinion would be the three most important traits? Would that list change from project to project?

Characteristics (How would you rank these?) Effective Project Managers Ineffective Project Managers Leadership by example Visionary Technically competent Decisive Good communication Good motivator Stands up to upper management when necessary Supports team members Encourages new ideas Sets bad example Not self-assured Lacks technical expertise Poor communicator Poor motivator

1. Discussion question What makes an information system different from other projects such as constructing a bridge, planning a conference, planning a holiday, or developing a new degree program? Do you expect skill difference across different projects? List three differences.

1. Discussion question Write an exam question based on the content of this chapter. Ask the person sitting next to you for an answer to your question. Share with the class your question and the response and point out whether you would agree with the response or not and why.