Oracle Methodologies for Managing Business Solution Projects

Abstract

IT projects are quite complex for managers unfamiliar with IT industry trends and technological advancements. The complexity of these projects makes it difficult for conventional managers to deploy IT projects without proper awareness of the technical insights. This is the primary reason that some methodologies for IT management projects have become popular in the industrial world. The objective of these methodologies is to provide a template for implementation of an IT project in a business scenario. Different methodologies have their core advantages and limitations, and so it is important to identify the most suitable methodology based on project type, scope, location and industry. In this paper, an assessment is presented that critically evaluates the reasons for, and implications of, adopting the Oracle Aim for Business Flow (ABF) methodology in the Special Economic Zone (SEZ) of Aqaba, Jordan, for the Aqaba Community and Economic Development (ACED) program. Success of the ACED program presents evidence that the ABF is versatile in diverse scenarios and can dynamically adapt to both changing business environments and the requirements of the clients.