Fundamentals of Information Systems and Systems Development Anthony D.J.

Lecture 2 Matutino

Last meeting, we discussed about:

Information System Need for information Elements of System

What do Users of Information Wants?

Management Investors Customers Employees/user s Suppliers

What do Users of Information Wants?

Management Business intelligence Interconnectivity Improved internal control Reduced cost

What do Users of Information Wants?

Investors Business intelligence Maximized profit Efficient investment

What do Users of Information Wants?

Customers 24/7 Availability Flexibility Speed Quality Mobility Supply Chain Integration Customer Support

What do Users of Information Wants?

Employees Ease of use Automation Added functionality Increased access Accountability

What do Users of Information Wants?

Suppliers Supply Chain Integration Feedback

What do Business Wants?

Competitive Advantage!!! Higher Profits!!!

Accountants Involvement in AIS Acquisition

User Analyst Purchaser Implementer Consultant Internal Auditor External Auditor

Most Common Reasons Why AIS Acquisition Fail

Lack of senior management support for and involvement in AIS acquisition Shifting needs of users Emerging technologies Lack of standard project management and AIS acquisition methodologies

Most Common Reasons Why AIS Acquisition Fail

Failure to appreciate and act on strategic, organizational and business process changes that may be required Resistance to change Lack of user participation Inadequate testing and user training

Most Common Blunders in Project Management Leading to IT Project Failures

Underestimation of time to complete the project Underestimation of necessary resources Underestimation of project size and scope Inadequate project control mechanisms Changing systems specification Inadequate planning Inadequate attention by senior management

Project Management Framework to Support IT Project

User participation in defining and authorizing the project Assignment of appropriate staff to the project, along with specific definitions of their responsibilities and authorities A clear written statement of the project nature and scope A feasibility study that serves as the basis for senior management approval to proceed with the project

Project Management Framework to Support IT Project

A project master plan, including realistic time and cost estimates, to facilitate the project A risk management program to identify and handle risk associated with each project Division of the project into manageable phases. The phases are further subdivided into steps and steps into tasks. Documentation and approval of work accomplished in one phase before working into the next phase

Acknowledgement and Acquiring, Developing and Implementing Sources:Information Systems by Gelinas, Accounting
Sutton and Hunton ISACA Training Materials BDO ARCO Training Materials

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Thank you!