Manage IT Projects Like Financial Portfolio
Few insurance companies today have any budget for mistakes, andfew projects produce more internal anxiety than informationtechnology projects.
IT projects have a lot of variablescost, project length and,especially, the successful outcome of the project. They ofteninvolve technology that is new and foreign to many executives onthe business side of the organization. The question for mostinsurance firms is how to mitigate risks associated with ITprojects and ensure that all projects not only come in on time andon budget, but are in line with the firms corporate strategy.
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