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Terms in this set (61)What is the 1st stage in the process of Identifying and Selecting IS Development Projects? Identifying Potential IS Development Projects What are the objectives of Identifying Potential IS Development Projects? (Stage 1) -
Identification from a stakeholder group What are Top-down Sources? (S.1 - Identifying Potential IS Development Projects) the projects identified by top management or by a diverse steering committee What are Bottom-up Sources? (S.1 - Identifying Potential IS Development Projects) Project initiatives stemming from managers, business units, or the development group Describe the Top Management: Selection Method (for making IS identification and selection decisions) - Greater strategic focus Describe the Steering Committee: Selection Method (for making IS identification and selection decisions) - Cross-functional focus Describe the Functional Area: Selection Method (for making IS identification and selection decisions) - Narrow, nonstrategic focus Describe the Development Group: Selection Method (for making IS identification and selection decisions) - Integration with existing systems focus What is the 2nd stage in the process of Identifying and Selecting IS Development Projects? Classifying and Ranking IS Development Projects How do you Classify and Rank IS Development Projects? (Stage 2) - Using Value Chain Analysis or other evaluation criteria What is Value Chain Analysis? (Evaluation Criteria for S.2 Classifying and Ranking IS Development Projects) The process of analyzing an organization's activities for making products and/or services to determine where value is added and costs are incurred What can organizations be thought of as? A Value Chain What is the 3rd stage in the process of Identifying and Selecting IS Development Projects? Selecting IS Development Projects What are the objectives of Selecting IS Development Projects? (Stage 3) - Based on various factors What factors go into project selection decisions? Project selection decisions must consider numerous factors: What are the possible outcomes of project selection decisions? - Accept Project What is Strategic Alignment? (Evaluation Criteria for S.2 Classifying and Ranking IS Development Projects) The process of viewing a project to determine if it is helping the organization achieve its strategic objectives and long-term goals What are Potential Benefits? (Evaluation Criteria for S.2 Classifying and Ranking IS Development Projects) The process of viewing a project to determine if it is improving profits, customer service, and so forth, and the duration of these benefits What is Resource Availability? (Evaluation Criteria for S.2 Classifying and Ranking IS Development Projects) Amount and type of resources the project requires and their availability What is Project Size/Duration? (Evaluation Criteria for S.2 Classifying and Ranking IS Development Projects) Number of individuals and the length of time needed to complete the project What are Technical Difficulty/Risks? (Evaluation Criteria for S.2 Classifying and Ranking IS Development Projects) Level of technical difficult to successfully complete the project within given time and resource constraints What are the types of evaluation criteria? (S.2 Classifying and Ranking IS Development Projects) - Value Chain Analysis What is one method for deciding among different projects or alternative designs? - For each requirement or constraint: Deliverables and Outcomes (of completing the process of identifying and selecting IS development projects) - Schedule of specific IS development projects What is Incremental Commitment? (Deliverables and Outcomes) Project is reviewed after each phase and continuation of the project is rejustified Consequences of Poor Information Systems Planning - Cost of Information Systems Why Systems Analysis & Design? (explain with example) 1. Business Need To benefit from a planning-based approach for identifying and selecting projects, an organization must: - Analyze its information needs thoroughly What is Corporate Strategic Planning? Ongoing process that defines mission, objectives, and strategies of an organization What 3 parts are involved in Corporate Strategy? - mission statement Define Mission Statement (Corporate Strategic Planning) A statement that makes it clear what business a company is in Define Objective Statement (Corporate Strategic Planning) A series of statements that express an organization's qualitative and quantitative goals for reaching a desired future position Define Competitive Strategy (Corporate Strategic Planning) The method by which an organization attempts to achieve its mission and objectives What are the main types of Competitive Strategy? (Corporate Strategic Planning) - Low-cost producer Describe the Low-Cost Producer and give an example (Competitive Strategy) This strategy reflects competing in an industry on the basis of product or service cost to the consumer Describe Product Differentiation and give an example (Competitive Strategy) This strategy reflects capitalizing on a key product criterion requested by the market (ex. high quality, style, performance, roominess) Describe Product Focus or Niche and give an example (Competitive Strategy) This strategy is similar to both the low-cost and differentiation strategies, but with a much narrower market focus What is Information Systems Planning (ISP)? - An orderly means of assessing the information needs of an organization and defining systems, databases, and technologies that will best meet those needs Give an example of parallel activities of corporate strategic planning and information systems planning - CSP Top-down IS planning This process attempts to gain a broad understanding of information system needs of the entire organization and offers... (Look up in textbook) Bottom-up IS planning This process identifies IS development projects based on solving specific operational business problems or taking advantage of specific opportunities What is the advantage of having planning done by the senior or top managers in the company? (Top-down planning) - Broader perspective What is the advantage of bottom-up planning? - Can be faster Business Functions of IS Planning - Business planning Data Entities of IS Planning -
Customer Information Systems in IS Planning - Payroll processing Define Functional Decomposition of IS planning information Breaking high-level abstract information into smaller units for more detailed planning IS Planning Matrices Describe relationships between pairs of organizational elements (location, function, business unit, objective, process, data, information system) What might a Planning Matrix for WSU look like? - Functions: 7 Development Projects of IS Plan 1. Organizational Mission Organizational Mission (Project 1 of IS Plan) Briefly describe mission, objectives, and strategy of the organization Informational Inventory (Project 2 of IS Plan) Provide summary of current and future processes, functions, data entities, and information needs of the enterprise Mission and Objectives of IS (Project 3 of IS Plan) Describe primary role IS will play in the organization to transform enterprise from current to future state Constraints (Project 4 of IS Plan) Describe limitations imposed by technology and current levels of financial, technical, and personnel resources Long-Range IS Strategies (Project 5 of IS Plan) Summarize overall information systems needs in the company and set long-term strategies for filling the needs Short-Term Plan (Project 6 of IS Plan) Show detailed inventory of present projects and systems and detailed plan for the current year Conclusions (Project 7 of IS Plan) Describe unknown, but likely events that can affect the plan, presently known business change elements and their impact on the plan What are the 3 Unknowns That Must Be Dealt with When Designing and Building Internet Applications? (E-Commerce Apps and Internet Basics) -
User User: Unknown that must be dealt with (E-Commerce Apps and Internet Basics) - Concern: Who is the user? Connection Speed: Unknown that must be dealt with (E-Commerce Apps and Internet Basics) - Concern: What is the speed of the connection and what information can be effectively displayed? Access Method: Unknown that must be dealt with (E-Commerce Apps and Internet Basics) - Concern: What is the method of accessing the net? Sets with similar termsMIS 322 Exam 270 terms charlie_plamondon IS 350 Ch. 4 Outline28 terms haan0808 UNA CIS 622 Chapter 419 terms kaneamy Chapter 9: Developing and Acquiring Information Sy…92 terms niam_ Other sets by this creatorTopic 10: International Monetary System21 terms sydney_padilla4 Topic 9: International Financial Markets54 terms sydney_padilla4 Topic 6: Political Economy of Trade28 terms sydney_padilla4 Topic 5: International Trade Theory24 terms sydney_padilla4 Verified questions
ADVANCED MATH The path of a firework is modelled using the equation $h = - 5 d ^ { 2 } + 20 d + 1$ where h is the height, in metres, above the ground and d is the horizontal distance, in metres. What is the maximum height of the firework? Verified answer
ADVANCED MATH The following selections were taken from the letters-to-the-editor section of a newspaper. Each can be interpreted as expressing one or more arguments. Begin by identifying the conclusion of each. Then disengage the covert assumptions, value claims, and other cognitive assertions from the emotive language and translate them into emotively neutral premises. Use the two examples in the text as models. Finally, evaluate the restructured arguments. Some may turn out to be good ones. It’s time to challenge all this nonsense about the “celebration of diversity” in our society. The more the schizophrenics preach the glories of diversity, the more we pull apart. This is not to deny appreciation of the ethnic roots, rituals, and foods, which add color to life. But to lay undue emphasis upon diversification results in destruction of the “social glue” that binds us together. Our forefathers framed one nation, indivisible. In the misguided effort to “celebrate” the uniqueness of every disparate culture and subculture, we betray our heritage and dilute our identities as Americans. Verified answer
ADVANCED MATH Translate each sentence into an equation. a) In a group of 20 people, there are seven more men than women. b) The total of seven and twice a number gives the same result as three times that number. Verified answer
ADVANCED MATH a) Draw the quadrilateral with vertices P(-3, -1), Q(3, 1), R(7, 5), and S(1, 3). Then, draw the diagonals of PQRS. b) Verify that the diagonals bisect each other. c) What kind of quadrilateral is PQRS? Justify your answer. Verified answer Recommended textbook solutionsBook of Proof2nd EditionRichard Hammack 340 solutions Elementary Number Theory7th EditionDavid Burton 776 solutions Numerical Analysis9th EditionJ. Douglas Faires, Richard L. Burden 873 solutions Topology2nd EditionJames Munkres 622 solutions Other Quizlet setsMUSC 118b Midterm180 terms Bennette_Sebastian Chapter 2 -- Chest126 terms grandje0606 Integrated Care - Policy Development40 terms breanna_ritchie Buisness statistics Chapter 5 [FINAL]16 terms KMccrary8 What is the project identification and selection?Project Identification and selection is a process to assess each project idea and select the project with the highest priority. Project Identification: The process of identifying a candidate idea for developing into a project is called Project Identification. This is a systematic process.
What are the steps in project identification process?Deliverables. Preliminary project plan (PPP). Feasibility report (FR). Investment analysis report (IAR). Project complexity and risk assessment (PCRA). Project charter.. Identification close out document (ICOD). What is the process of project selection?Project selection is the process of evaluating and choosing projects that both align with an organization's objectives and maximize its performance. Prioritization refers to ranking or scoring projects, based on certain criteria, to determine the order of execution.
What are the five 5 methods for selecting projects?Project Selection Methods Top 5 Criteria. Time Value of Money.. Present Value.. Future Value.. Present Value & Future Value Relationship.. |