2. MANAGING PROJECTS A. What are the objectives of project management and why is

Question

2. MANAGING PROJECTS A. What are the objectives of project management and why is it so essential in developing information systems? B. What methods can be used for selecting and evaluating information systems projects and aligning C. How can firms assess the business value of D. What are the principal risk factors in information E. What strategies are useful for managing project risk them with the firm's business goals? information systems projects? systems projects? and system implementation? 3, MANAGING GLOBAL SYSTEMS A. What major factors are driving the internationalization B. What are the alternative strategies for developing C. How can information systems support different global D. What are the challenges posed by global information of business? global businesses? business strategies? systems and management solutions for these challenges? E. What are the issues and technical alternatives to be considered when developing international information systems?

Explanation / Answer

2)A)Answer:

To ensure system delivered on time. On budget.Provide genuine business benefits.

Objectives:

Planning the work,
Assesing the risk,
Estimating and acquiring resources required to accomplished work,
Organize work

The project manager is responsible for initiating, planning, executing, and closing down the systems development project. Project management is arguably the most important aspect of an information systems development project. Effective project management helps to ensure that systems development projects meet customer expectations and are delivered within budget and time constraints

Project management refers to the application of knowledge, skills, tools, and techniques to achieve specific targets within specified budget and time constraints.Project management activities include planning work, assessing risk, estimating required resources, organizing work, assigning tasks, controlling project execution, reporting progress, and analyzing the results. The five major variables in project management are:

•Scope – size of the project

•Time – how long the project is expected to take

•Cost – cost of software, hardware and work space

Quality – how well the end result of a project satisfies the objective of the organization•

Risk – potential problems that would threaten the success of the project

2)Answer:

To develop effective information systems plan, organization must have clear understanding of both long?term and short?term information requirements. Strategic analysis or critical success factors (CSF) approach are methods that can be used

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