Essentials of Systems Analysis and Design (6th Edition)
6th Edition
ISBN: 9780133546231
Author: Joseph Valacich, Joey George
Publisher: PEARSON
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Expert Solution & Answer
Chapter 4, Problem 41CQ
Explanation of Solution
Economic analysis of a project:
- Economic benefit analysis is used to decide whether a project will make a contribution towards reaching its objectives.
- Hence, it deals with costs and benefits of the project as a whole...
Explanation of Solution
Economic feasibility factors:
The relevant economic feasibility factors include:
- Once the system is in place, then it is relevant to see how people are reacting to it...
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What plans do you have in place to modify the project scope if necessary? When it is inevitable that business needs will change, which SDLC model should be used? Justify?
Preparing feasibility studies, which include technical, economic, legal, operational, and schedule feasibility, is an important step in the system development life cycle. We go over these possibilities in depth in the interactive tutorials.Briefly discuss these possibilities. Also included in the economic feasibility section is a detailed cost-benefit analysis.
With a suitable example explain the difference how is a project different from a program? Using the selected example provide details on which will constitute a project and which one to a program? list the project deliverables that constitutes to the overall goal of the program?
Chapter 4 Solutions
Essentials of Systems Analysis and Design (6th Edition)
Ch. 4 - Prob. 1MCh. 4 - Prob. 2MCh. 4 - Prob. 3MCh. 4 - Prob. 4MCh. 4 - Prob. 5MCh. 4 - Prob. 6MCh. 4 - Prob. 7MCh. 4 - Prob. 8MCh. 4 - Prob. 9MCh. 4 - Prob. 10M
Ch. 4 - Prob. 11MCh. 4 - Prob. 12MCh. 4 - Prob. 13MCh. 4 - Prob. 14MCh. 4 - Prob. 15MCh. 4 - Prob. 16MCh. 4 - Prob. 17MCh. 4 - Prob. 18MCh. 4 - Prob. 19MCh. 4 - Prob. 20MCh. 4 - Prob. 21MCh. 4 - Prob. 22MCh. 4 - Prob. 1RQCh. 4 - Describe several project evaluation criteria.Ch. 4 - Prob. 3RQCh. 4 - Prob. 4RQCh. 4 - Prob. 5RQCh. 4 - Prob. 6RQCh. 4 - What are the potential consequences of not...Ch. 4 - Prob. 8RQCh. 4 - Prob. 9RQCh. 4 - Prob. 10RQCh. 4 - Prob. 11RQCh. 4 - Prob. 12PECh. 4 - Prob. 13PECh. 4 - Prob. 14PECh. 4 - Prob. 15PECh. 4 - Prob. 16PECh. 4 - Prob. 17PECh. 4 - Prob. 18PECh. 4 - Prob. 19PECh. 4 - Prob. 20PECh. 4 - Prob. 21PECh. 4 - Assume monetary benefits of an information system...Ch. 4 - Prob. 23PECh. 4 - Prob. 24PECh. 4 - Prob. 25PECh. 4 - Prob. 26PECh. 4 - Prob. 27PECh. 4 - Prob. 28PECh. 4 - Prob. 29DQCh. 4 - Prob. 30DQCh. 4 - Prob. 31DQCh. 4 - Prob. 32DQCh. 4 - Prob. 33CPCh. 4 - Prob. 34CPCh. 4 - Prob. 35CPCh. 4 - Prob. 36CQCh. 4 - Prob. 37CQCh. 4 - Identify a preliminary set of tangible and...Ch. 4 - Prob. 39CQCh. 4 - If you were assigned to help Jim with this...Ch. 4 - Prob. 41CQCh. 4 - Prob. 42CQCh. 4 - In Question 4, you analyzed the risks associated...
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Similar questions
- List and describe the three major steps in executing the project plan.arrow_forwardFeasibility analysis is typically done during which systems development stage? a. investigation h. analysis c. design d. all of the abovearrow_forwardWhat is the value of a statement of vision and objectives? Why is it needed before a project plan is developed?arrow_forward
- This might broaden the scope and features. Explain both ideas to differentiate them. What is the root of these two concerns? What is the worst-case scenario for these two unfavourable project circumstances?arrow_forwardWhich methodology, Agile or waterfall, do you think is most appropriate for a project characterized by comprehensively defined requirements and low risk? Why? Be sure to cite at least two sources to support your rationale.arrow_forward
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