Session 6 Flashcards
What are the sources of system projects?
Top-down vs bottom-up
Business vs IS driven
Current vs future oriented
What is a Top-Down approach in system projects?
Top management identifies and prioritizes system projects based on strategic goals and business needs.
What is a Bottom-Up approach in system projects?
Employees or department managers identify system needs based on daily operations.
What is a Business-Driven system project?
Initiated by business needs to improve processes, efficiency, or competitiveness.
What is an IS-Driven system project?
Initiated by IT teams to enhance technology capabilities or infrastructure.
What is a Current-Oriented system project?
Focuses on solving existing problems or optimizing current processes
What is a Future-Oriented system project?
Focuses on long-term innovation and business growth.
What are the Evaluation Criteria for Selecting Projects? (6)
Business Process Analysis (how the project fits into the company’s existing business processes)
Strategic Alignment
Potential Benefit (how much value the project will bring)
Resource Availability
Project size/duration
Technical difficulty/risk
What does the Corporate Strategy Involve?
WHY? Mission Statement (main business of the org)
WHAT? Objectives Statement (quantitative and qualitative foals)
HOW? Description of Competitive Strategy (method to satisfy mission and objectives)
What are the main types of of Competitive Strategy?
Low-cost producer
Product Differentiation
Product Focus/Niche