aquiring IS Flashcards

1
Q

What is an IS Strategic Plan?

A

A long-term plan aligning IT with organizational goals for efficient resource use.

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2
Q

What are the three objectives of an IS Strategic Plan?

A
  1. Align with organizational goals. 2. Provide seamless IT architecture. 3. Allocate IS resources efficiently.
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3
Q

What is an IS Operational Plan?

A

A set of actionable IS projects supporting the strategic plan.

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4
Q

Name three elements of the IS Operational Plan.

A

Mission statement, application portfolio, and resource allocation.

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5
Q

What are the four main cost-benefit analysis methods?

A

Net Present Value (NPV), Return on Investment (ROI), Break-even Analysis, and Business Case Approach.

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6
Q

What is the key advantage of purchasing prewritten applications?

A

Cost and time efficiency.

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7
Q

What is a disadvantage of customizing prewritten software?

A

High complexity and costs, requiring re-customization for updates.

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8
Q

What is SaaS?

A

Software as a Service: Cloud-hosted applications accessed via subscription.

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9
Q

Name two risks of SaaS.

A

Vendor dependence and data privacy concerns.

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10
Q

What is outsourcing in IS acquisition?

A

Hiring a third party to develop, maintain, and operate software.

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11
Q

What is the main benefit of custom development?

A

Tailored solutions that perfectly fit specific processes.

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12
Q

What are the six phases of the SDLC?

A

Investigation, Analysis, Design, Programming and Testing, Implementation, and Maintenance.

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13
Q

What is the goal of the SDLC Investigation phase?

A

To conduct a feasibility study assessing technical, economic, and behavioral factors.

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14
Q

What is the primary deliverable of the SDLC Analysis phase?

A

The System Requirements Document.

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15
Q

Name the four conversion strategies in the SDLC Implementation phase.

A

Parallel, Direct, Pilot, and Phased.

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16
Q

What are the four types of system maintenance?

A

Adaptive, Corrective, Perfective, and Preventive.

17
Q

What is the main disadvantage of the Waterfall methodology?

A

It assumes requirements remain constant and lacks flexibility.

18
Q

What is Joint Application Design (JAD)?

A

A collaborative development process involving users and developers.

19
Q

What are the principles of Agile Development?

A

Early delivery, adaptability, collaboration, and simplicity.

20
Q

What is End-User Development?

A

Systems created by users with minimal IT support.

21
Q

Name one advantage of End-User Development.

A

Faster development and increased user ownership.

22
Q

What is a disadvantage of End-User Development?

A

Quality risks and limited alignment with organizational goals.

23
Q

What is design thinking?

A

A process involving empathizing, defining, ideating, prototyping, and testing.

24
Q

What is the purpose of CASE tools?

A

To automate tasks within the SDLC.

25
Q

What is component-based development?

A

Using reusable software components to build applications.

26
Q

What is a major risk of outsourcing IS development offshore?

A

Communication challenges and data security concerns.

27
Q

What is prototyping in systems development?

A

Iteratively building and refining models based on user feedback.

28
Q

What does the Agile Manifesto prioritize?

A

Individuals and interactions over processes and tools.

29
Q

What is NPV used for in cost-benefit analysis?

A

Discounting future benefits to present value.

30
Q

How does adaptive maintenance differ from corrective maintenance?

A

Adaptive addresses new requirements; corrective fixes errors.