1. Organizations have developed techniques for evaluating IT projects for severa
ID: 3707329 • Letter: 1
Question
1. Organizations have developed techniques for evaluating IT projects for several reasons. Which of the following is not one of those reasons?
a Selecting one investment often means forgoing other potentially value-increasing investments.
b. IT projects often require new sets of skills, which may not be readily available, or may be cost-prohibitive to build.
c. IT projects often require large amounts of capital, and for most firms, capital resources are limited.
d. IT projects often involve changes in business processes that will affect substantial portions of the organization.
2. Which of the following is an example of project risk?
a. The technology will not work as expected.
b. The IT project is not aligned with the company's strategy
c. The financial benefits may not be delivered.
d. The IT project may exceed budget.
3. The economic justification process for a new IT initiative includes all of the following except:
a. Allocate funds for the recommended option.
b. Evaluate potential costs, benefits, and risks for each option.
c. Develop value propositions for each option.
d. Assess the business requirements.
Explanation / Answer
1. IT projects often require new sets of skills, which may not be readily available, or may be cost-prohibitive to build. 2. The IT project may exceed budget. 3. Allocate funds for the recommended option.
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