Chapter 14, Problem 2RQ

Explanation of Solution

Groups for the management of information system

• 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...