chapter 13 Flashcards

1
Q

IT planning

A
  • Organizational strategic plan
  • IT architecture
  • IT strategic plan

-It steering committee

Is Operational plan

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2
Q

IT Strategic Plan

A

The IT strategic plan must meet three objectives:

  • It must be aligned with the organization’s strategic plan
  • It must provide for an IT architecture that seamlessly
    networks users, applications, and database
  • It must efficiently allocate IS development resources among
    competing projects so that the projects can be completed on
    time and within budget and still have the required functionality
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3
Q

A Typical IS Operational Plan Includes

A
  • mission statement of the IS function
  • IS environment
  • Objectives of the IS function
  • Constraints on the IS function
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4
Q

Evaluating and Justifying IT Investment: Benefits, Costs, and Issues

A

Four common approaches are:
* Net present value (NPV) method
* Return on investment (ROI)
* Break-even analysis
* Business case approach

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5
Q

Strategies for Acquiring IT
Applications

A

Use open-source software
* Outsourcing
* Continuous development
* Employ custom development

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6
Q
A
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