BUDGET MANAGEMENT AND FINANCIAL EFFICIENCY ASSESSMENT OF PROJECTS IN IT COMPANIES

Authors

  • Shokirova Aziza Master’s student in Project Management New Uzbekistan University, Tashkent, Uzbekistan

DOI:

https://doi.org/10.5281/zenodo.23403821

Abstract

This thesis examines the integration of financial management and project management methods in IT companies. The specific features of IT project budgets, the main causes of cost overruns, and the limitations of traditional budgeting in an Agile environment are analyzed. The use of Earned Value Management (EVM) for monitoring project cost and schedule performance, as well as investment indicators (NPV, ROI, and payback period) for assessing the financial efficiency of IT projects, is described. Practical recommendations are developed to improve budget control and financial decision-making in IT companies.

Keywords

IT project, project budget, cost management, Earned Value Management, Agile budgeting, cost performance index, NPV, ROI, financial efficiency, project risk

References

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Fleming, Q. W. Earned Value Project Management / Q. W. Fleming, J. M. Koppelman. — 4th ed. — Newtown Square, PA : Project Management Institute, 2010. — 231 p. — URL: https://www.pmi.org/shop/p-/book/earned-value-projectmanagement---fourth-edition/00101230901

Flyvbjerg, B. Why Your IT Project May Be Riskier Than You Think / B. Flyvbjerg, A. Budzier. (2011). Harvard Business Review, 89(9).

Kerzner, H. Project Management: A Systems Approach to Planning, Scheduling, and Controlling / H. Kerzner. — 13th ed. — Hoboken : John Wiley & Sons, 2022. — 880 p. — URL: https://books.wiley.com/titles/9781119805373/

Project Management Institute. A Guide to the Project Management Body of Knowledge (PMBOK® Guide). — 7th ed. — Newtown Square, PA : Project Management Institute, 2021. — URL: https://www.pmi.org/standards/pmbok

Sulaiman, T. AgileEVM — Earned Value Management in Scrum Projects / T. Sulaiman, B. Barton, T. Blackburn. (2006). Proceedings of the AGILE, 7–16.

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Published

2026-09-05
Vol. 4 (2026): «Muhandislik va Iqtisodiyot» jurnali Belarus-O'zbekiston Konferensiya