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Spotlight on the Positives: How Do Information Technology Projects Achieve Cost Underruns?

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The Information Technology (IT) project literature has extensively studied cost overrun. But there is surprisingly little work on cost underrun. In this paper, we explore twelve IT projects that achieved cost underrun, using interviews and documents analysis. Our findings show that projects achieve cost underruns when they actively implement practices to enhance process efficiency. These practices are: Implementing a collaborative environment, budgetary control, capitalizing on previous knowledge, continuous learning during the project, and accommodating uncertainty. Projects also encounter conditions that contribute directly to cost underrun, like scope reduction and savings in spending. Our key contribution lies in uncovering, based on a unique sample, how a set of specific practices can lead to cost underrun.
Original languageEnglish
Title of host publicationProceedings of the 55th Hawaii International Conference on System Sciences
Number of pages10
Publication date5 Jan 2022
Pages7496-7505
ISBN (Electronic) 978-0-9981331-5-7
Publication statusPublished - 5 Jan 2022
EventHawaii International Conference on System Sciences - Online
Duration: 4 Jan 2022 → …
https://hicss.hawaii.edu/

Conference

ConferenceHawaii International Conference on System Sciences
LocationOnline
Periode04/01/2022 → …
Internetadresse

Bibliographical note

Why does this publication not provide BFI points? (jcg: 27/01/2022)

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