Modern system analysis and design Contrast the following terms A. break even ana

Question

Modern system analysis and design Contrast the following terms A. break even analysis: present value: net present value: return on investment B. Economic feasibility: legal and contract schedule feasibility: operational feasibility: political feasibility: schedule feasibility C. In tangible benefit: tangible benefit D. Intangible costs: tangible cost
1. List and describe the steps in the project initiation and planning process 2.what to documents make up the main deliverables from the planning phase and what are they used for? 3. What three questions must be answered to judge whether a certain activity belongs to the initiation phase or the analysis phase? What are these questions important for? 4. List discuss the different types of projects feasibility factors and fact is most important? Why or why not? 5. How much of the total time and money spent on the projects should be devoted to the project initiation and planning study?
Modern system analysis and design Contrast the following terms A. break even analysis: present value: net present value: return on investment B. Economic feasibility: legal and contract schedule feasibility: operational feasibility: political feasibility: schedule feasibility C. In tangible benefit: tangible benefit D. Intangible costs: tangible cost
1. List and describe the steps in the project initiation and planning process 2.what to documents make up the main deliverables from the planning phase and what are they used for? 3. What three questions must be answered to judge whether a certain activity belongs to the initiation phase or the analysis phase? What are these questions important for? 4. List discuss the different types of projects feasibility factors and fact is most important? Why or why not? 5. How much of the total time and money spent on the projects should be devoted to the project initiation and planning study?
Modern system analysis and design A. break even analysis: present value: net present value: return on investment B. Economic feasibility: legal and contract schedule feasibility: operational feasibility: political feasibility: schedule feasibility C. In tangible benefit: tangible benefit D. Intangible costs: tangible cost
1. List and describe the steps in the project initiation and planning process 2.what to documents make up the main deliverables from the planning phase and what are they used for? 3. What three questions must be answered to judge whether a certain activity belongs to the initiation phase or the analysis phase? What are these questions important for? 4. List discuss the different types of projects feasibility factors and fact is most important? Why or why not? 5. How much of the total time and money spent on the projects should be devoted to the project initiation and planning study?

Explanation / Answer

Answer:

Contrast the following terms:a.Break-even analysis-Finds the amount of time required for the cumulative cash flow from aproject to equal its initial and ongoing investment.Present value-Represents the current value of a future cash flow.Net present value-Uses a discount rate, determined from the company’s cost of capital, toestablish the present value of a project.Return on investment-The ratio of the net cash receipts of the project divided by the cashoutlays of the project.b.Economic feasibility-Identifies the financial benefits and costs associated with adevelopment project.Legal and contractual feasibility-Assesses potential legal and contractual ramifications due tothe construction of a system.Operational feasibility-Assesses the degree to which a proposed system solves businessproblems or takes advantage of business opportunities.Political feasibility-Evaluates how key stakeholders within the organization view theproposed system.Schedule feasibility-Determines the degree to which the potential time frame and completiondates for all major activities within a project meet organizational deadlines and constraints foraffecting change.Contrast the following terms:a.Break-even analysis-Finds the amount of time required for the cumulative cash flow from aproject to equal its initial and ongoing investment.Present value-Represents the current value of a future cash flow.Net present value-Uses a discount rate, determined from the company’s cost of capital, toestablish the present value of a project.Return on investment-The ratio of the net cash receipts of the project divided by the cashoutlays of the project.b.Economic feasibility-Identifies the financial benefits and costs associated with adevelopment project.Legal and contractual feasibility-Assesses potential legal and contractual ramifications due tothe construction of a system.Operational feasibility-Assesses the degree to which a proposed system solves businessproblems or takes advantage of business opportunities.Political feasibility-Evaluates how key stakeholders within the organization view theproposed system.Schedule feasibility-Determines the degree to which the potential time frame and completiondates for all major activities within a project meet organizational deadlines and constraints foraffecting change.

c.Intangible benefits-Are derived from the creation of an information system that cannot beeasily measured in dollars or with certainty.Tangible benefits-Are derived from the creation of an information system that can bemeasured in dollars and with certainty.

The steps in the project initiation process are as follows:58.Establishing the Project Initiation Team-Establishing a Relationship with the CustomerEstablishing the Project Initiation PlanEstablishing Management Procedures

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