COMPARISON OF TRADITIONAL PROJECT MANAGEMENT TECHNIQUES AND CRITICAL CHAIN PROJECT MANAGEMENT FOR MANAGEMENT OF INFORMATION TECHNOLOGY AND INFORMATION SYSTEM PROJECTS

Abstract

This proposal concentrates on applications of project management models and techniques in new product development practices (NPD) in IT. After analyzing implementation of various models and techniques in IT, detailed research was performed for NPD practices in IT. Specific techniques were compared through a questionnaire and real world applications. Results revealed limitations of traditional techniques such as (PERT/CPM) and Critical Chain Project Management’s (CCPM) potential of overcoming these limitations. However, depending on CCPM’s some shortcomings recommendations to improve CCPM were also proposed.Keywords: Project Management, IT, CCPM, Software Development