Chapter 5. Incrementalization: Breaking the Work into Projects

Goals of This Chapter

Upon completion of this chapter, you should be able to:

• Identify what is a project

• Define incrementalization and the importance of its application to project management for IT

• Be able to break a project down into its component parts that can be planned, managed, and controlled

• Identify the differences between project, program, and portfolio management

• Explain real options analysis for IT project management and how to apply it

• Understand the Value Matrix

Imagine the following situation. Your boss walks into your office and says, “The system is not functioning properly. I am giving you a project to find out what is wrong and asking you to fix it. ...

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