Myki Project Failure

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1. Introduction The report illustrates the causes of Myki project failure in Australia and importance of a proper IT governance. It considers certain elements of information technology governance such as strategic alliance, value delivery, resource management, risk management and performance measures. Further it considers individually the factors of strategic alignment, value delivery, resources management, risk management and performance measure and compares the imitative of company to run Myki project. With analysis, the report offers conclusion and recommendation. 2. Myki Victorian government came up with a new idea of smart card ticketing transport system. This was also to collaborate the train, bus and tram services in Victoria. With this spark of idea in 2002, a project case and a feasibility study was …show more content…

The relationship between the TTA and vendors during the project were also not very good. This, furthermore contributed to the delay of the project (Arthur Tatnall Victoria, 2013; Arthur Tatnall Victoria, 2013). According to the case, there were a lot of issues which lead to potential failures. Right from beginning, the project cost analysis and the estimated duration was too optimistic. Followed by, the tender system, vendor management, change management, project midway-assessment and so on, nothing of these were managed well. This report will discuss through each focus area of IT governance (Victorian Ombudsman, 2011). 3. The focus areas of IT Governance • “Strategic Alignment: This area mainly focuses on the alignment between IT and business operations. • Value delivery: This area is tied in with executing the benefit all through the project cycle, guaranteeing that IT conveys the guaranteed benefits irrespective of methodology, focusing on streamlining costs and demonstrating its characteristic

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