Managing IS projects in SMEs – Tailoring the PRINCE2TM1 methodology

Wynn, Martin G ORCID: 0000-0001-7619-6079, Shen, R and Brandao, Raul (2008) Managing IS projects in SMEs – Tailoring the PRINCE2TM1 methodology. In: Conference on Money, Economy and Management, World Business Institute, July, 2008, Imperial College London. (Unpublished)

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The history of information systems project management is littered with many well documented disasters, and even more that have not been recorded in the literature for a range of political and commercial reasons. Such failures in the public sector gave rise to the development and deployment of the PRINCE2 project management methodology, which is now used extensively in the public sector and increasingly in the private sector also. PRINCE2 is, however, a ‘big beast’ – a large and quite complex set of concepts, tools, processes and techniques – which can appear rather daunting when undertaking fairly small scale projects in small to medium sized enterprises (SMEs). This paper examines how two companies have adapted the PRINCE2 project management methodology to control information systems (IS) projects in organisations of circa 200 employees, on projects of about 12 months duration. The first case study (Aeroengine Bearings UK Ltd) is implementing a product life cycle management (PLM) system to control and integrate shop floor engineering and design information. In the second case study, a financial services company specialising in electronic funds collection ( has used PRINCE2 to project manage the implementation of a bespoke middleware product that integrates its back office systems that provide customised payment statements to individual clients. Both these business projects were undertaken via the Knowledge Transfer Partnership (KTP) scheme, which supports university academics working with industry on strategic projects. Field of Research: project management, information systems, SMEs, knowledge transfer

Item Type: Conference or Workshop Item (Paper)
Subjects: T Technology > T Technology (General)
Divisions: Schools and Research Institutes > School of Business, Computing and Social Sciences
Research Priority Areas: Applied Business & Technology
Depositing User: Martin Wynn
Date Deposited: 05 Mar 2018 15:32
Last Modified: 31 Aug 2023 08:01

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