Analyzing IS/IT Projects in Healthcare: Business Value, Schedule, and Cost Management

Use at least 400-600 words, and cite all supporting materials used using APA style (check tutorial video in the module). Follow the format at the end for your convenience. All your writing should be contained in only one post. Also follow “mentoring” below.

Find a video(s) showing A PROJECT in IS/IT/digital worlds in healthcare with business / market value. Then, conduct the following, and every item is required:

1. Provide the title of the video (s), and the Web link(s). Then, summarize it–including details, features, functions, contents, etc.), markets, and elaborate business value(s) it delivers/ enables/inspires.

While the previous project in the video you reviewed may only showcase a product or a service, from a project management sense, it needs schedule and cost management in place to make it well managed.

Also, please put yourself in the shoes of the project owner/ project manager, and reflect on the following:

2. Discuss what is schedule management (Ch. 6). Also, identify and define at least two (2) components/concepts within schedule management that are applicable and important to the project you reviewed. Explain why they are relevant and meaningful.

3. Discuss what is cost management (Ch. 7). Also, identify and define at least two (2) components/concepts within cost management that are applicable and important to the project you reviewed. Explain why they are relevant and meaningful.

Mentoring:

1. You are expected to demonstrate critical thinking by explaining and justifying why and how your chosen video stories are good examples for showing the relevance and importance of your identified components/concepts in course materials. This can be done by identifying key storylines in videos that are related, through your well-reasoning and explaining your rationale. Also, it is helpful to cite more journal articles, and industrial ground-breaking stories. Personal career experiences if related and well justified are welcome too.
2. Explain/ define any new term or jargon when firstly mentioned.
3. Respond to 2 peers with your novel, non-repeating (the existing contents or threads) relevant input that add values to existing discussion.
4. As shared, for all writing work, formal in-text citations and references are needed. Please cite using APA style (Refer to “APA module” for how to do it).

Look forward to your sharing!

Format to follow:

A. The Project reviewed:

1. Title of the video: ….
2. Web link: …
3. Project details (5Ws + 1H)/characteristics/ features/ functions/ contents: …
4. Market/ users/ customers: …
5. Values: …. (be sure to cite. e.g., see Mentoring for how to search journal articles related to “value”)

B. Schedule management

B1:  Define Schedule management: …

B2:  Name (Schedule management) Component # 1: …

B3: Why Component # 1 is important? Explain/Justify: ….

B4: Name (Schedule management) Component # 2:

B5: Why Component # 2 is important? Explain/Justify: ….

C. Cost management

C1:  Define Cost management: …

C2:  Name (cost management) Component # 1: …

C3: Why Component # 1 is important? Explain/Justify: ….

C4: Name (cost management) Component # 2:

C5: Why Component # 2 is important? Explain/Justify: ….

Reference: