Business Studies

Business Studies
Name
Institution of Affiliation
Date
Business Studies
Business Value Dashboard
With its headquartered bases at Campbell, Saama Technologies is one of the companies within the data science and management industry that uses a profound Business Value Dashboard to improve the efficiency of its practices and diverse managerial operations. Key features of the dashboard include; financial projections, projects and progress, service costing, budget forecasts, and business value planning dashboards.
Managers at Saama primarily use the various features of the dashboard monitor, to measure and manage the clients’ engineering operations in an effective and strategic way – an aspect that, in return, established optimal outputs. Individual contributors use the dashboard to coordinate operational logistics with the management (Wasson, 2015).
Today, traditional business report methods are becoming obsolete. They have been greatly replaced by real-time dashboards due to their low efficacy attribute in contemporary business practices. The steep competition within the current business arena, influenced by technological advancement, significantly fuels this transformation.
Assessment Questions
What is the cost of customizing the SaaS system, and how does it compare with that of changing the business processes.
What is the relative degree of complexity that the business identifies in regard to the processes and systemic operations?
Are the industries in which the business ventures in highly dynamic?
An excellent example of an IT system project that experienced a critical failure in its development is the Innovative CMS platform project.

One of the main project management concept that the manager of this particular IT project, which primarily led to its failures, was the profound lack of a strong change control process. A robust change control system is a profound aspect that influences the quality output of a project. While a change control system is not directly defined or inherent within typical SDLC programs, the nature of its constructs is critical in quality control. For instance, a substantial change controls data integrity although timely updates and efficient maintenance of SDLC documents; as changes, and their respective approvals, occur in real time. Moreover, quality and profound success in software development projects can be defined by the level of customer involvement and their proactivity in understanding and support the given SDLC. A clear sense of commitment from the managers and the organizational is another critical concept that determines the success of an SDLC process. An SDLC process that is left to function on its own is doomed to fail.
References
Wasson, C. S. (2015). System engineering analysis, design, and development: Concepts, principles, and practices. John Wiley & Sons.