A CRITICAL EXAMINATION OF CROSS-INDUSTRY PROJECT MANAGEMENT INNOVATIONS AND THEIR TRANSFERABILITY FOR IMPROVING IT PROJECT DELIVERABLES
Suman Shekhar
Lead Business Analyst, Zimmer Biomet
Abstract
The rapid evolution of technology and increasing project complexity drive the need for innovative project management methodologies to enhance IT project deliverables. This paper critically examines project management innovations from diverse industries and evaluates their transferability to the IT sector. We explore methodologies from construction, healthcare, manufacturing, and finance, analyzing core principles, successes, and challenges. Key practices such as Lean, Agile, and Six Sigma are scrutinized for their adaptation in IT project management. Cultural and organizational adjustments required for effective implementation are also discussed. The study identifies the unique challenges faced by IT projects, such as dynamic requirements, high uncertainty, and the need for rapid delivery. Understanding these challenges allows us to propose tailored strategies that use cross-industry methodologies to enhance IT project outcomes. The findings suggest that cross-industry practices can offer significant benefits, but the specific context and demands of IT projects require customized approaches. This paper contributes to optimizing IT project outcomes by using cross-industry knowledge and proposing a framework for integrating diverse methodologies to enhance IT project management in order to improve efficiency, quality, and flexibility in IT project deliverables.