Acquiring Information Systems & Applications Part I

Acquiring Information Systems is very important for a company for explaining the concept of the development of information systems and Illustrates various applications of information systems in the business

Points in acquiring information system is

1. Planning for and justifying IT Applications.
2. Strategies for Acquiring IT Applications.
3. The Traditional System, s Development Life Cycle
4. Alternative Methods and Tools for Systems Development.
5. Vendor and Software Selection

The following explanation of these points

Planning for & Justifying Applications

When a company check and performance requirements, it will produce a list of priority of the application of information technology is already running and applications of information technology that has the potential to be acquired, the list of which is known as the application portfolio.

• Information Technology Planning

The planning process for the application of new information technology, starting with analyzing the organization's strategic planning. Identify organizational strategic planning overall corporate mission, goals and the steps needed to achieve proficiency level. Along with the organization's strategic planning of information technology architecture that is running, providing input for the development of information technology strategic planning. Strategic planning of information technology is a long-term goal that contain identifying information technology infrastructure and information technology initiatives required to achieve organizational goals. After that, the operational planning information system is developed. This plan consists of projects to be executed by the department of information systems as well as managers in functional areas to support the strategic planning of information technology. Operational planning information system consists of the following elements: 

1. Mission 
2. IS environment 
3. Objective of the IS Function 
4. Application Portfolio 
5. Resource allocation and project management

IS Planning

• Evaluating & Justifying IT Investment

Justifying IT investments, relating to the calculation of costs, calculate benefits (value), and compare the two. Comparison of the two, known as cost-benefit analysis. Here are some approaches to conduct a cost-benefit analysis: 

1. Net Present Value (NPV) : difference between expenditure and income have been discounted using the social opportunity cost of capital as the discount factor, or in other words the cash flows expected in the future that didiskonkan when calculating NPV ..TO necessary data about the estimated cost of the investment , operating costs, and maintenance as well as the estimated benefit / benefits of the proposed project.
2. Return on investment (ROI) : the ratio of money gained or lost on an investment relative to the amount of money invested. The amount of money gained or lost may be called interest or profit / loss
3. Breakeven analysis : is a method or a technique used by an officer or manager of the company to determine the volume (amount) of sales and production volume of what the company concerned did not suffer a loss nor gain profits.

Share :

Tweet

More

Related Post