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