What purposes does the systems project proposal serve? How are these evaluated and prioritized? Is the prioritizing process objective or subjective?

Q: Should the project be accepted or rejected?

A: Payback Period: It is the period in which the project/investment initial cost is recovered.  The…

Q: Who should sit on the systems steering committee? What are their typical responsibilities?

A: Accounting Information System: AIS collects, records, stores and processes accounting and other data…

Q: Why can the formal announcement of a new system technique be crucial?

A: Formal Announcement:   Formal announcement in context to a new system technique means to make the…

Q: Is Evaluating Design Alternatives essential to achieve the goals?

A: Design alternative is referred as when the underlying project, product is designed in different…

Q: What are the broad classes of facts that need to be gathered in the system survey?

A: Accounting Information System: AIS collects, records, stores and processes accounting and other data…

Q: what type of information should be included in the systems analysis report?

A: System analysis is the examination of the business problem that organizations plan to solve with an…

Q: How does the external analysis affect other components of the strategic management process?

A: Setting objectives, examining the competitive environment, studying the internal organization,…

Q: Which of the following represents the correct order in problem resolution?a. Define the problem,…

A: Problem Resolution:   Problem resolution is that phase of decision making in which the management…

Q: What are the goals of a performance evaluation system?

A: Performance Evaluation System: Performance evaluation system is a system used to examine…

Q: What are the major differences between the IFRS conceptual framework and the FASB conceptual…

A: ANSWER     The components of the conceptual framework for ­financial reporting include recognition…

Q: Who should determine and prioritize the critical applications? How is this done? How frequently is…

A:

Q: How can development projects be differentiated from one another in the marketplace?

A: How development projects are distinguished from one another in the marketplace:  Business designers…

Q: What are the technique of project appraisal

A: Step 1: Techniques of the project appraisal are: Profitability index Payback period NPV IRR

Q: What budget and timetable constraints will affect system development?

A: The question is based on the concept of constraints in development and Implementation of system…

Q: , determine whether the project should be undertaken.

A: Net Present Value=Present Value of Inflow-Present Value of Outflow Present Value of…

Q: What is a special assessment project? How are special assessment projects reported?

A: Special assessment project: The special assessment project refers to the projects which are…

Q: Why financial analysis is made for evaluation of a system? How is it useful in design?

A: Financial analysis is a process where monetary based transactions such as capital projects,…

Q: Is a good strategic plan detail-oriented?

A:

Q: What is the difference between “independent” and “mutuallyexclusive” projects?

A: Projects are categorized in capital budgeting as independent or as mutually exclusive. If a…

Q: How do flexibility options affect projects’ NPVs and risk?

A: Fluctuations factors such as demand, interest rate levels are common which may affect future…

Q: The TELOS acronym is often used for determining the need for system changes. Which of the following…

A: TELOS: TELOS stands for Technical, Economic, Legal, Operational and Schedule feasibility. It is the…

Q: Was the conceptual framework created to achieve a specific goal

A: The conceptual framework created to achieve a specific goal will be explained :

Q: What is the purpose for a Control Environment assessment?

A: Control environment: Control environment is one of the components of internal control over…

Q: Does the Analysis Period differ from Project Lives? Explain how?

A: In a financial term, the Analysis Period is a period of financial analysis of financial statements…

Q: Describe the process of Evaluating a Single Project?

A: A single project can be evaluated using quantitative, qualitative or a combination of both. Project…

Q: When does a project deny the merit consideration?

A: Project is assessed on the basis of various important considerations such as profitability, social…

Q: What is an example of project plan proposal?

A: It is an attempt to implement desired change to an environment in a controlled way. By using…

Q: Explain the difference between independent and mutually exclusive projects?

A: Under capital budgeting, there are 2 types of projects selection basis: 1. When projects are…

Q: What guidelines should we follow to evaluate and compare more than one project?

A: Capital Budgeting plays a significant role in evaluating long term projects that facilitates the…

Q: What procedures are involved in the conduct of a turnaround program?

A: The term "turnaround management program" refers to the restructuring and renewal of a company. When…

Q: What is the purpose of a systems analysis, and what type of information should be included in the…

A: Definition:   System analysis: System analysis is a course of action to gather the information…

Q: what is the cost of a project proposal and how is it structure to meet its goals

A: A cost of a project refers to the sum total of all expenditure to be incurred by an organization for…

Q: What is the objective of reengineering?

A: The reengineering is also known as Business Process Reengineering (BPR) and it refers to an effort…

Q: Which of the following is the correct sequence of activities in the systems development life cycle?…

A: System Development Life Cycle (SDLC): System Development Life Cycle (SDLC) is a system development…

Q: An analysis of systems serves what purpose? What kind of information should be included in the…

A: The answer

Q: Which one of the following is not a part of Feasibility Analysis in relation to system development?…

A: A practical range to which a project can be performed successfully is termed feasibility. It is used…

Q: who is responsible for selecting and prioritising projects?

A: There is need to select the projects among all available projects because all projects can not be…

Q: feasibility study?

A: Feasibility Study-: A Feasibility Study is a thorough examination of the viability of a program,…