IMPROVEMENT OF RESOURCE SCHEME IN SOFTWARE DEVELOPMENT PROJECT MANAGEMENT (CASE: INDONESIA STOCK EXCHANGE)

The Indonesian Stock Exchange (IDX) is a capital market regulator that relies heavily on information technology (IT) for its operational activities. The IDX faces significant difficulties with existing software development, primarily as a result of frequent changes initiated by various IDX divisions...

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Bibliographic Details
Main Author: Anam, Khoerul
Format: Theses
Language:Indonesia
Online Access:https://digilib.itb.ac.id/gdl/view/76624
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Institution: Institut Teknologi Bandung
Language: Indonesia
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Summary:The Indonesian Stock Exchange (IDX) is a capital market regulator that relies heavily on information technology (IT) for its operational activities. The IDX faces significant difficulties with existing software development, primarily as a result of frequent changes initiated by various IDX divisions. The purpose of this study is to identify the factors related to resource allocation that contribute to these costs and to provide recommendations for improving resource allocation in software development project management. This study adopts a mixed-method approach, combining qualitative and quantitative methods entails conducting interviews with multiple stakeholders, studying literature utilizing Project Management Body of Knowledge (PMBOK), Control Objective for Information Technologies (COBIT), and previous research also employing the Simple Multi-Attribute Rating (SMART) framework in making decisions. This study's primary objective is to identify and categorize the essential attribute factors that inform sourcing scheme decisions in order to improve the management of software development projects. The results indicate that the following strategies can be used to improve resource allocation and project management for software development by implementing the Synergy Blend approach, which maximizes resource allocation and aligns with project goals by combining elements of both waterfall and agile methodologies based on the particulars of each software. Additionally, adoption of IT Program and Portfolio Management (PPM) has limited improvement benefits. By optimizing resource allocation, reducing costs, and enhancing software development processes, the researchers hope to indirectly support the growth of the company.