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IT Strategic Planning Quiz
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IT Strategic Planning Quiz

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Questions and Answers

What is the purpose of an IS strategic plan?

  • To justify IT applications and describe the IT infrastructure (correct)
  • To seamlessly network users, applications, and databases
  • To allocate resources efficiently among competing projects
  • To list all tangible and intangible costs and benefits of IT investments
  • What is a major task of the IT steering committee?

  • Evaluating and justifying IT investments
  • Developing a detailed plan of IT projects
  • Managing the day-to-day IT operations
  • Linking organizational strategy with IT strategy (correct)
  • What does an operational plan focus on?

  • Allocating fixed costs among different IT projects
  • Mission derived from the IT strategy
  • Evaluating and justifying IT investments
  • Inventory of present information systems and detailed plan of projects (correct)
  • What are the major challenges in assessing IT investment costs?

    <p>Allocating fixed costs among different IT projects</p> Signup and view all the answers

    How is Net Present Value (NPV) used in evaluating IT investments?

    <p>Comparing future benefits with present costs</p> Signup and view all the answers

    What does Return on Investment (ROI) calculate?

    <p>Net income over all assets invested in a project</p> Signup and view all the answers

    What is the main advantage of purchasing a prewritten application?

    <p>It can save time by avoiding the need to build the application from scratch</p> Signup and view all the answers

    What is the primary disadvantage of customizing a prewritten application?

    <p>It can be extremely difficult, particularly for large and complex applications</p> Signup and view all the answers

    What is the 80/20 rule in the context of evaluating vendor software?

    <p>If the software meets 80% of the company's needs, the company should modify its business processes to utilize the remaining 20%</p> Signup and view all the answers

    What is the primary advantage of using open-source software?

    <p>It can be easily customized to fit the company's unique needs</p> Signup and view all the answers

    What is the main disadvantage of outsourcing the development of applications?

    <p>Loss of IT knowledge and potential transfer of corporate secrets and data to third parties</p> Signup and view all the answers

    What is the primary advantage of custom development of applications in-house?

    <p>The company can retain IT expertise and have a good fit with its requirements</p> Signup and view all the answers

    What is the purpose of the system investigation phase in the traditional system development life cycle?

    <p>To examine the business problem that may be solved with a new or improved system and gather information</p> Signup and view all the answers

    What is the purpose of the prototyping process in the system design phase?

    <p>To rapidly develop and test working models of the system in an interactive and iterative process</p> Signup and view all the answers

    What is the purpose of the implementation (or deployment) phase in the traditional system development life cycle?

    <p>To convert the old system to the new one and introduce the new system to the organization</p> Signup and view all the answers

    What is my cat's fucking name nerds?

    <p>Chappa</p> Signup and view all the answers

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