Exam 5: Initiating and Planning Systems Development Projects

Referencing a walkthrough meeting,the ________ plans the meeting and facilitates a smooth meeting process.

The ________ is the major outcome and deliverable from the project initiation and planning phase that contains the best estimate of the project's scope,benefits,costs,risks,and resource requirements.

Assume a proposed system has a useful life of 5 years,one-time costs of $1,000,000,recurring costs of $250,000 per year,and tangible benefits of $750,000 per year.If the cost of capital is 10%,what is the overall NPV? Overall ROI? Break-even point?

The process of assessing potential legal and contractual ramifications due to the construction of a system refers to:

The process of assessing the degree to which a proposed system solves business problems or takes advantage of business opportunities refers to:

________ are costs resulting from the ongoing evolution and use of a system.

The Explanation of Services is a short document prepared for the customer that describes what the project will deliver and outlines all work required to complete the project.

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

A cost associated with project start-up and development or system start-up refers to a(n):

The construction of an information system can have political ramifications.

The ________ is the concept of comparing present cash outlays to future expected returns.

________ are costs associated with project start-up and development,or system start-up.

Walkthroughs are a common occurrence in most system development groups.

Disruption to the rest of the organization is an example of a procurement cost.

The justification for an information system,presented in terms of the tangible and intangible economic benefits and costs and the technical and organizational feasibility of the proposed system best defines the:

The purpose of operational feasibility is to understand the degree to which a proposed system will likely solve the business problems or take advantage of opportunities.

________ finds the amount of time required for the cumulative cash flow from a project to equal its initial and ongoing investment.

How is project planning distinct from general information systems planning?

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

Increased flexibility is an intangible benefit.