Exam 11: Feasibility Analysis and the System Proposal

The candidate systems matrix documents similarities and differences between candidate systems and provides calculations for rating them.

When writing a system proposal you should include more information for higher-level management.

Which of the following is not a feasibility test used in the text?

The discount rate for a business is the opportunity cost of being able to invest money in other projects, including the possibility of investing in the stock market or other financial instruments.

It is not possible to compute a payback period because it is impossible to estimate current and future costs of a system.

The formula for return on investment is: Lifetime ROI = (Estimated lifetime benefits - Estimated lifetime costs) / Estimated lifetime costs

A yearly maintenance agreement on computer equipment is an example of a variable cost.

The complexity of an apparently feasible project can change after the initial problems and opportunities are fully analyzed or after the system has been designed.

The three techniques for assessing economic feasibility are _________________________,_______________________, and _______________________.

Measuring feasibility throughout the life cycle of an information system is known as the ___________________________________ approach to feasibility.

_______________________ feasibility is a measure of how well the solution will be accepted in a given organizational climate.

________________________ feasibility is a measure of the cost-effectiveness of a project or solution. This is often called a cost-benefit analysis.

Examples of intangible benefits include: fewer processing errors, increased throughput, decreased response time, elimination of job steps, increased sales, reduced credit losses, reduced expenses.

The __________________________________ matrix complements the candidate systems matrix with an analysis and ranking of the candidate systems.

Measuring feasibility throughout the life cycle of an information system is known as the creeping commitment approach to feasibility.

Which of the following is NOT a guideline for answering questions during a formal presentation?

Which kind of feasibility asks how well the proposed system satisfies the identified system requirements?

Payback analyses done without adjusting for the time value of money tend to be overly optimistic and misleading.

Studies suggest that sentences longer than 20 words are more persuasive.

When giving a formal presentation, if you don't know the answer to a question you should _____________________.