Management Information Systems: Managing The Digital Firm (16th Edition)
16th Edition
ISBN: 9780135191798
Author: Kenneth C. Laudon, Jane P. Laudon
Publisher: PEARSON
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Chapter 14, Problem 2RQ
Explanation of Solution
Groups for the management of
- 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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Management Information Systems: Managing The Digital Firm (16th Edition)
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