Exam 4: Systems Planning and Selection

Economic feasibility is a process of identifying the financial benefits and costs associated with a development project.

Fulfillment feasibility is the process of examining the likelihood that the project will attain its desired objectives.

Projects identified by top management have a cross-functional focus.

The primary deliverable from the project identification and selection phase is:

Potential development projects with a cross-functional focus are often identified by:

Briefly identify three commonly used economic cost-benefit analysis techniques.

A major outcome and deliverable from the project initiation and planning phase that contains an estimate of the project's scope, benefits, costs, risks, and resource requirements best defines:

The objective of project identification and selection is to transform a vague system request document into a tangible project description.

If the project team and organizational officials reassess the project after each subsequent SDLC phase to determine if the business conditions have changed or if a more detailed understanding of a system's costs, benefits, and risks suggest that the project is not as worthy as previously thought, they are:

A walkthrough is a peer group review of any product created during the systems development process.

All information collected during project initiation and planning is collected and organized into a document called the baseline project plan.

If the net present value (NPV) of all costs is $100,000 and the NPV of all benefits is $170,000, then the ROI would be 35 percent.

Research has found that projects identified by top management more often:

Referencing a walkthrough, the maintenance oracle ensures that the work product adheres to organizational technical standards.

The Explanation of Services is a document prepared for the customer that describes what the project will deliver and outlines generally at a high level all work required to complete the project.

The development group identifies projects based on the ease with which existing hardware and systems will integrate with the proposed project.

The analysis technique that finds the amount of time required for the cumulative cash flow from a project to equal its initial and ongoing investment is referred to as:

A schedule of specific IS development projects is the primary deliverable from the project identification and selection phase.

The ratio of the net cash receipts of the project divided by the cash outlays of the project, enabling trade-off analysis to be made between competing projects, is often referred to as:

All of the following might attend a structured walkthrough meeting EXCEPT: