A path breaking research in the area of Metrics used in IT industry Paper

A course of study breaking in the area of Metrics used in IT intentness and its effectiveness- Developing new rhythmic pattern for measuring - Research Paper ExampleScope captures sufficiently measured through observation of the changes compulsory during the instruction execution process. This paper explores the discordant metrics utilized in estimation of the efficacy in implementation of these unique IT projects. TABLE OF CONTENTS ABSTRACT 2 TABLE OF CONTENTS 3 INTRODUCTION 4 METHODOLOGY 4 Planning 5 Controlling 6 DATA COLLECTION AND ANALYSIS 6 FINDINGS 9 Project metrics 10 Metrics in IT projects 11 Cost 11 while 13 Scope 15 CONCLUSION 16 REFERENCES 18 INTRODUCTION The information technology industry represents a unique characteristic for development projects aimed at providing improved technologies, both in software and computer hardware sectors. The supply process for the projects system an essential component for minimizing project failure ultimately assuring success. woeful management of IT projects remains the highest cause of project failures inside the industry. It is estimated that this accounts for 54% failure with technical challenges causing 3% (Gulla, 2012). Proper management begins with development of proper plans during the initial project levels. The evaluation process seeks to make an assessment of the project progress during implementation. ... The process will be broken down into different stages which shall follow separately other. The waterfall methodology being utilized shall be as indicated in the chart below. Measurement of the various metrics involved in the project will be undertaken following completion of each stage and relevant actions taken, based on the results of performance indexes. Figure 1the waterfall methodology Planning The project planning aspect involves the development of a plan providing guideline towards undertaking a desired development project. This mark the beginning stage of any project being implem ented. The element of undertaking sufficient planning remains fundamental in assuring success, or causing ultimate project failure. The planning process involves cookery of various aspects of the project, commonly through estimations. These estimations provide guidelines during implementation hence their accuracy remains essential in assuring success. The provided estimates must remain reflective of actual figures, with minimal discrepancies. During the project evaluation process, the actual figures become measured against the provided project estimates, established during the planning stages. Poor planning remains the fundamental cause for around project failures. While the planning phase remains fundamental in ensuring success, the numerous aspects involved within the planning phase contribute towards successful implementation. Individuals involved in the planning phase of any projects should tell that the plans suffice the project requirements. This serves in eliminating and m inimizing continuous changes during the project implementation phase. The planning phase should provide a