Chp 4 Flashcards

1
Q

What are the 3 activities for Project identification and selection?

A
  1. Identify potential development projects
  2. Classifying and ranking IS development projects
  3. Selecting IS development projects
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2
Q

How are Projects identified?

A
  1. Top management
  2. Steering Committee
  3. Functional Area
  4. Development Group
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3
Q

Top-down Source

A

projects identified by top management or steering committee; broader understanding of overall business objectives

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4
Q

Bottom-up Source

A

projects stemming from managers, business units, or development groups; may not reflect overall business objectives

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5
Q

Criteria for classifying and ranking projects

A

Value chain analysis, strategic aligment, potential benefits, resource availability, project Size/Duration, Technical difficulties/Risks

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6
Q

Value Chain analysis

A

analyzing an organizations activities to determine where value is added to products and/ services and the costs incurred for doing so

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7
Q

Factors to consider for project selection

A

Existing/available resources, Perceived and real needs, list of potential/ongoing projects, current organizational environment, evaluation Criteria

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8
Q

Decision Outcomes

A

Accept/Reject/Delay Project, refocus project, end-user development, proof of concept

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9
Q

incremental commitment

A

the project is reviewed after each phase and continuation of the project is requestified

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10
Q

Define and list 3-steps of Corporate strategic planning

A

an ongoing process that defines the mission, objectives, and strategies of an organization

  1. gaining an understanding of current enterprise
  2. Future enterprise (where it wants to be)
  3. Strategic Plan to guide transition
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11
Q

Mission Statement

A

clear statement of wat business a company is in

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12
Q

Objective Statements

A

series of statements that express an organizations qualitative goals for reaching a desired future position

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13
Q

Competitive strategy

A

method by which an organization attempts to achieve its mission and objectives

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14
Q

Information System Planning

A

ISP: orderly means of assessing the information needs of an organization and defining the information systems, database and technologies that will best satisfy those needs

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15
Q

Top-down planning

A

attempts to gain a broad understanding of the informational needs of the entire organization

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16
Q

Bottom-up planning

A

identifies and defines IS development projects based upon solving operational business problems or taking advantage of some business opportunities

17
Q

Internet

A

WW network of networks that use a common protocol to communicate with each other

18
Q

Electronic Commerce

A

internet based communication to support day to day business activities

19
Q

B2C

A

Business to Consumer:electronic commerce between business and consumers

20
Q

B2B

A

Business to Business: electronic commerce between business partners (suppliers and intermediaries)

21
Q

B2E

A

Business to employee: electronic commerce between business and their employees

22
Q

Electronic Data interchange

A

the use of technologies to directly transfer business documents between organizations