Introducing Time based Competitive Advantage in IT Sector with Simulation

Incompletion of projects in time leads to project failure which is the major dilemma of the software industry. Different strategies are used to gain a competitive advantage over competitors in business. In software perspective, time is an incredibly critical factor, software products should be delivered in time to gain competitive advantage. However, at a halt, there is no such strategy that covers time perspective. In this paper, a time-based strategy for software products is introduced. More specifically, the importance of time-based strategy by analyzing its associated factors is highlighted using simulations.