An Experiential Case Study in IT Project Management

An Experiential Case Study in IT Project Management

Introduction

The era of 21st century has done the miracles in the field of technology and innovation. There has been much advancement that has been done. The miracles of technology have improved the life styles of the people and have facilitated them with the benefits that were beyond their imaginations and expectation. Information technology has played the significant role in almost all the fields like health and education, business and e-commerce and industrialization etc. Thus, the following essay is going to analyze an article written by Charles Davis.

Discussions

Charles David, the writer

Charles David, the author of the article, is the professor of Management Information Systems (MIS) at the St. Thomas University in United States. He has been known for his extensive academic record and the business belonging to developing and managing information technologies.

Recently, the following essay is going to analyze one of his articles based on the Petroleum Engineering Economics.

Background of the Project

The purpose of writing this article was to facilitate the project engineers and the managers of the petroleum industry. The whole essay has included the information and the knowledge issues related to the project management, that is how a project is conducted. Davis has tried to help the engineers with his knowledge and the experience he has. The issue was highlighted through a particular company and its case study.

Stakeholders of the Project

A stakeholder is an actor, individual or collective (group or organization), actively or passively affected by a decision or project, i.e. whose interests may be positively or negatively affected as a result of its execution (or non-performance).

Therefore, the stakeholders in this article are the petroleum engineers, who are the professionals responsible for the evaluation of the possible yields of oil and ...