Managing for Volatility on Technology Projects: A Conceptual Model

The purpose of this paper is to create an information technology industry management view and formulation of new theory via exploratory research to understand the impact of volatility and suitable resilience response of project portfolio management in a technology environment. The research includes a quantitative and qualitative study on a significant research sample of information technology professionals in information technology. This approach created the base for the hypotheses testing and formulation of new theory comprising the conceptual model. Some survey test results to initially confirm some aspects of the model are discussed. Future research may include risk reducing management practices that are prevalent in executing information technology projects as well as being able to withstand via resiliency management, factors influencing the project management approach such as exogenous volatility.