Question

ASSIGNMENT:

Answer all of the following questions:

1. Describe the steps involved in corporate strategic planning.
2. What are the types, or categories, of benefits from an information systems project? What intangible benefits might an organization obtain from the development of an information systems project?
3. What is contained in a project management plan?

Answer 1

Solution

Describe the steps involved in corporate strategic planning

1. Current Enterprise
2. Future Enterprise
3. Strategic Plan

Current Enterprise
Mission statement is defined making it clear what business the company is in

Future Enterprise
Objective statements are defined and refer to goals of the organization for reaching a desired future position

Strategic Plan
A competitive strategy by which an organization attempts to achieve its mission and objectives

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What are the types, or categories, of benefits from an information systems project?

1. Tangible
2. Intangible

Tangible benefits

• cost reduction
• increased flexibility
• opening new markets
• improvement of management planning and control
• increased speed of activity
• error reduction
• increasing sales opportunities.

Intangible benefits

• faster decision making
• competitive necessity
• more timely information
• availability of new, better, or more information

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What intangible benefits might an organization obtain from the development of an information systems project?

Intangible benefits are derived from the creation of an information system and cannot be easily measured in dollars or with certainty.

Potential intangible benefits include competitive necessity,more timely information, improved organizational planning, and increased organizational flexibility

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What is contained in a project management plan?

• Scope management plan
• Human resource/staffing management plan
• Schedule management plan
• Cost management plan
• Risk management plan
• Quality management plan
• Communication management plan
• Procurement management plan

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answered all the question

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