Fall3100Exam2StudyGuide - Exam 2 Study Guide Exam#2 will...

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Exam 2 Study Guide Exam #2 will consist of: Multiple Choice Questions, worth 100 points Short answer questions, worth 25 points For the answers to the following questions, look first in your notes from class and then in the  textbook.  If you can not find an answer to a question, first check with your teammates.  If no one  on the team can find the answer, then  e-mail your professor. The following questions will serve as the foundation for the exam. 1. Why are there risks during the systems development process? Each project has a risk – it may fail Risk – the possibility of suffering lost Reward – the possibility of receiving a positive affect An aspect of risk/reward is assessing how much change will result 2. What changes does the introduction of an information system involve? 3. What are critical success factors? Elements that are critical to the system being successful 4. Know the difference between the 4 types of organizational change Automation: Use technology to speed up tasks Rationalization: Use technology to streamline operating procedures Reengineering: Use technology to radically redesign business processes Paradigm shift: Use technology to radically reconceptualize the nature of the  business 5. What is portfolio management? The functions of project planning and procurement, focusing upon the  aggregation of resources More than 50% of Global 2000 firms use it  Knowledge workers perform 3 key roles i. Economic Value of project ii. Strategic Value of project iii. Project risk iv. Project reward 6. What are the steps in the systems analysis and development plan?
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Plan  i. Goal – to create a plan for develop the system ii. Three activities: iii. Define the system to be developed iv. Set the project scope v. Develop the project plan 1. Tasks 2. Resources 3. Timeframes vi. System definition activity vii. Definition of the required system viii. Definition of the Critical Success Factors 1. Elements that are critical to the system being successful ix. Set the project scope 1. High level system requirements of the project x. Develop the project plan Analysis i. Goal – End users and IT work together to gather, understand, and  document the business requirements for the proposed system ii. Three activities 1. Gather the business requirements 2. Conduct a feasibility study 3. Determine the answer to the need iii. Gather the business requirements 1. Detailed set of requests that the system must need a. More specific than CSF’s 2. Deliverable – requirements definition document iv. Conduct a feasibility study 1. Determine whether a solution is possible, given the 
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Fall3100Exam2StudyGuide - Exam 2 Study Guide Exam#2 will...

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