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

How should information systems projects be selected and managed?

• Explain the difference between tangible and intangible benefits.

• List six tangible benefits and six intangible benefits.

• List and describe the major components of an information systems plan.

• Define a project and describe the five major variables of project management and their effects.

• Explain the importance of implementation for managing the organizational change surrounding a new information system.

• Define the user–designer communications gap and explain the kinds of implementation problems it creates.

• Describe ways that firms can overcome user resistance to new project implementations.

• List and describe the factors that influence project risk and describe strategies for minimizing project risks.

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