Exam 1: Developing and Delivering on the IT Value Proposition

"Conversion" from an idea to an opportunity can be difficult for many organizations. What are the significant barriers to conversion that can prevent an organization from converting a good idea into value or to deliver value to an organization?

Describe the best Practices in Understanding IT Value. Which of the practices is the most critical? Why?

Value realization is:

Recent research confirms that high-performing organizations have people who have good information management practices and who are able to effectively use the information they receive but lack strong IT practices.

Most IT projects involve:

Technology value can be lost by:

IT Value Is a Single Layered Concept.

The concepts of IT value include all of the following EXCEPT:

Delivering value at one level in an organization may actually conflict with optimizing value at another level.

Value is defined as:

Often IT managers can find it difficult getting important infrastructure initiatives funded even though these initiatives may be fundamental to improving organizational capabilities.

Best Practices in Realizing Value includes:

Measurement is only one of many components of value realization.

The value of IT depends on how a business and its individual managers choose to view IT.

The definition of value is often:

The interaction of people and technology delivers value.

What are knowledge barriers? How can knowledge barriers prevent an organization from fostering strong IT practices?

Explain the Layered Concept IT Value.

Today technology is being used as a catalyst to drive many different types of organizational transformation but technology is less likely to drive business strategy.

Obstacles that prevent organizations from improving their internal IT practices include: