Each institution of higher education shall manage information resources projects based on project management practices that meet the following criteria: (1) Include a method for delivery of information resources projects that solve business problems; (2) Include a method for governing application of project management practices; (3) Be documented, repeatable, and include a single reference source (e.g., handbook, guide, repository) that communicates how to effectively apply use of the project management practices components; (4) Include a project classification method developed by DIR (see http://www.dir.state.tx.us/projectdelivery/projectmgmt/classify/index.htm), the institution of higher education, or another source that: (A) Distinguishes and categorizes projects according to level of complexity and risk (e.g., technology, size, budget, time to deliver); and (B) Defines how to use the project classification method to establish, scale, and execute the appropriate level of processes; (5) Include a method to periodically review, assess, monitor, and measure the impact of project management practices on the institution of higher education's ability to achieve its core mission; (6) Align with use of the Texas Project Delivery Framework; (7) Accommodate use of other practices and methods that intersect with application of project management practices; and (8) Be reviewed and updated at least annually to help ensure continuous process improvement. |
