Optimized Human Resource Allocation in a Team to Increase Profitability without Compromising Quality of Deliverables for IT Sector Fixed Price Projects)

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Research ID 1146E

Abstract

IT sector is one of the most competitive markets as there is cutthroat competition. The battle of competition can only win by increasing the number of satisfied customers, by inventing new technologies with new added features and delivering high quality deliverables that too with competitive prices.

This research is intended to give guidelines to Team Leads and Project Managers working in IT sector, about the allocation of Human Resources in a Team (each project may have multiple teams with different sizes.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

Not applicable

Data Availability

The datasets used in this study are openly available at [repository link] and the source code is available on GitHub at [GitHub link].

Funding

This work did not receive any external funding.

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  • Classification

    JEL Code: O15

  • Version of record

    v1.0

  • Issue date

    NA

  • Language

    English

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