Question: How should information systems projects be selected and managed? 1. Explain the difference between tangible and intangible benefits. 2. List six tangible benefits and six

How should information systems projects be selected and managed?
1. Explain the difference between tangible and intangible benefits.
2. List six tangible benefits and six intangible benefits.
3. List and describe the major components of an information systems plan.
4. Describe how portfolio analysis and scoring models can be used to establish the worth of systems.
5. Explain the importance of implementation for managing the organizational change surrounding a new information system.
6. Define the user-designer communications gap and explain the kinds of implementation problems it creates.
7. List and describe the factors that influence project risk and describe strategies for minimizing project risks.

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1 Tangible benefits can be quantified and assigned a monetary value Intangible benefits are classified as nonquantifiable and cannot be assigned a monetary value 2 Students can use Table 122 to answer ... View full answer

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