Exam (elaborations)
Unit 7 - The Business of IT.
- Module
- EDPNA - technical
- Institution
- EDPNA - Technical
Unit 7 - The Business of IT.
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Unit 7 - The Business of ITIT Governance
system of processes that ensures the effective and efficient use of IT for the org to achieve
its goals and add value to the stakeholders
vision
what is the dept achieving
mission
how to achieve the vision
core values
expected behaviors
Outsourcing
A decision by a corporation to turn over much of the responsibility for production to
independent suppliers.
models:
offshoring
project outsourcing
nearshoring
offshoring
Moving operations from the country where a company is headquartered to a country where
pay rates are lower but the necessary skills are available.
project outsourcing
3rd party handles project management
nearshoring
outsourcing production or services to locations near a firm's home base
, Insourcing
- assigning project to current employees
- this requires development of new operations and processes, making it an expensive option
Initiation
Planning
Execution
Closure
These are the phases in the project management life cycle
Planning phase
defines the:
Project Scope
Project Management Plan
documents produced:
scope statement
WBS
milestones
communication plan
risk management plan
Execution phase
- kickoff meeting starts this phase signifying that the project is ready to be executed
- the deliverables are developed and completed
- all reports are created
- this is where constant controlling and monitoring happens (quality checks)
Initiation phase
starts with the business case, feasibility study, analysis then project charter is created
Closure phase
- deliverables are completed according to the specifications
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