MANAGEMENT INFORMATION SYSTEMS
MANAGEMENT INFORMATION SYSTEMS
15th Edition
ISBN: 9780134640037
Author: LAUDON
Publisher: PEARSON
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Chapter 14, Problem 2RQ

Explanation of Solution

Groups for the management of information system

  • The groups for the management of information system projects include corporate strategic planning group, information system steering committee, project management group and project team.
  • Corporate strategic planning group is responsible for developing the firm’s strategic plan which may require the development of new systems.
  • Information systems steering committee is the senior management group with responsibility for systems development and operations...

Explanation of Solution

Purpose of an information system plan

  • An information systems plan helps executives, managers, and users to identify information systems projects that will deliver the most business value.
  • The information system plan must support the overall business plan...

Explanation of Solution

Portfolio analysis and scoring models for selecting information system projects

Portfolio analysis

  • Portfolio analysis is used to help evaluate alternative system projects.
  • Portfolio analysis inventories all of the firm’s information systems projects and assets, including infrastructure, outsourcing contracts, and licenses.
  • Management can determine the optimal mix of investment risk and reward for their firms, balancing riskier, high-reward...

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