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http://dx.doi.org/10.9716/KITS.2014.13.4.169

A Study on the Development of PMO Cost Estimation Model  

Seo, Yong Won (중앙대학교 경영대학)
Lee, Duck Hee (중앙대학교 경영대학)
Publication Information
Journal of Information Technology Services / v.13, no.4, 2014 , pp. 169-188 More about this Journal
Abstract
Recently the complexity and difficulty of the IT projects are increasing due to technological and environmental risks, resulting in the adoption of PMO(Project Management Office) onto IT project management practices, including public area projects. For example, the Korean government regulated the application of PMO onto large scale public IT projects. However, since there has been no reliable method to estimate the cost to execute PMOs, a PMO cost evaluation model to support the budget and cost planning of PMO projects is required. Thus, the purpose of this research is to develop a systematic cost evaluation model for PMO projects. We identified the dimensions that determine the PMO execution cost to be the scale of the subject project, the technical difficulty level of the subject project, and the tasks to be executed in the PMO project. Based on the determinants, the PMO execution cost model were developed from historical data and experts opinion. Upon verification, the validity of the developed model has high level of consistency compared with their experiences of real PMO project costs.
Keywords
PMO(Project Management Office); Cost Estimation Model; IT Project Management;
Citations & Related Records
Times Cited By KSCI : 4  (Citation Analysis)
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