Exam 5: Initiating and Planning Systems Development Projects

Referencing a walkthrough meeting,the __________ ensures that the work product adheres to organizational technical standards.

A __________ is a cost associated with an information system that can be easily measured in dollars and with certainty.

The analysis technique that uses a discount rate determined from the company's cost of capital to establish the present value of a project is commonly called:

__________ is the process of identifying the financial benefits and costs associated with a development project.

__________ is the process of assessing the degree to which a proposed system solves business problems or takes advantage of business opportunities.

A new system or the renovation of existing systems,user perceptions,and management commitment to the system are examples of which of the following risk factors?

Using a discount rate of 12%,the present value of a $50,500 benefit received 2 years from now is $39,859.69.

Briefly identify and define the six major categories of feasibility.

Tangible benefits would include:

Proper and insightful project planning,including determining project scope as well as identifying project activities,can easily reduce time in later project phases.

Using a discount rate of 14%,the present value of a $10,000 benefit received 5 years from now is $5,500.49.

A major outcome and deliverable from the project initiation and planning phase that contains the best estimate of a project's scope,benefits,costs,risks,and resource requirements defines the:

Match each of the following terms with its definition. -The process of assessing the degree to which the potential time frame and completion dates for all major activities within a project meet organizational deadlines and constraints for affecting change.

If the NPV of all benefits is $150,000 and the NPV of all costs is $125,000,then the ROI is 15%.

For each of the following walkthrough roles,match it with its description. -This person takes notes and records decisions or recommendations made by the group.

An __________ is a benefit derived from the creation of an information system that cannot be easily measured in dollars or with certainty.

The __________ is a document prepared for the customer during project initiation and planning that describes what the project will deliver and outlines generally at a high level all work required to complete the project.

The objective of project initiation and planning is to transform a vague system request document into a tangible project description.

For each of the following walkthrough roles,match it with its description. -This person describes the work product to the group.

A cost associated with an information system that cannot be easily measured in terms of dollars or with certainty refers to: