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Sat, Nov 8, 8:30 - 8:55, Pueblo C Paper (refereed)

Recommended Citation: Kline, D M, R Renninger, W Sackley, C Guinn, and G Scott. An Information Technology Project Funding Process. In The Proceedings of the Conference on Information Systems Applied Research 2008, v 1 (Phoenix): §3133. ISSN: 0000-0000.

An Information Technology Project Funding Process

Refereed

8 pages

Douglas M. Kline    [a1] [a2]
Information Systems & Operations Management
University of North Carolina Wilmington    [u1] [u2]
Wilmington, North Carolina, USA    [c1] [c2]

Ryan Renninger    [a1] [a2]
Information Systems & Operations Management
University of North Carolina Wilmington    [u1] [u2]
Wilmington, North Carolina, USA    [c1] [c2]

William Sackley    [a1] [a2]
Economics and Finance
University of North Carolina Wilmington    [u1] [u2]
Wilmington, North Carolina, USA    [c1] [c2]

Curry Guinn    [a1] [a2]
Computer Science
University of North Carolina Wilmington    [u1] [u2]
Wilmington, North Carolina, USA    [c1] [c2]

George Scott    [a1] [a2]
Information Management
General Electric    [u1] [u2]
Wilmington, North Carolina, USA    [c1] [c2]

We describe a process for information technology project funding from opportunity identification through project funding. This general process was developed through work with a large global organization, but is applicable to other large information technology organizations. The process encourages early effort in budget development, captures resource time requirements, and ensures accurate designation of expensable and capitalizable items. The proposed process is rigorous and transparent, and should result in more accurate project budget estimates, more accurate financial reporting, eased management burden, and project portfolios that align well with IT executives’ strategic vision.

Keywords: Project management, financial budgeting, project selection, business processes, IT strategy, system analysis

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