MISY5330 Final Exam Questions and
Answers 100% PASS
Definition of IT-enabled value - CORRECT ANSWER-Tangible and intangible
Can be significant
Can be variable across organizations
Can be diverse across IT proposals
A single IT Investment can have a diverse value proposition
Different IT Investments have different objectives and hence different value
propositions and value assessment techniques
Tangible IT Value Measures - CORRECT ANSWER-Can be measured in terms of
dollars (i.e. revenue increase, reduction in labor costs), process improvement(fewer
errors, faster results), and strategically important operational and market outcomes
(reduction in turnover, increase in patient satisfaction).
Intangible IT value measures - CORRECT ANSWER-Improved decision making,
communication, compliance, collaboration, agility, becoming more "state of the
art" and customer friendly
, 4 types (classes) of investment - CORRECT ANSWER-Transformation (effect a
significant improvement in overall performance or change the organization's
nature)
Renewal (intended to upgrade core IR infrastructure and applications or reduce the
costs or improve IT quality)
Process Improvement (sought to improve the operations of an organization)
Experiments (designed to evaluate nenw information technologies and test new
types of applications)
IT project proposal - CORRECT ANSWER-Cornerstone in examining value. To
achieve value, alignment with organizational strategies must occur, factors for
sustained IT excellence must be managed, budget processes for making choices
between investments must exist, projects must be well managed.
Simply, the proposal describes the value that will result
Two common financial measures - CORRECT ANSWER-Net present value
(NPV) and Internal rate of return (IRR)
COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED
Answers 100% PASS
Definition of IT-enabled value - CORRECT ANSWER-Tangible and intangible
Can be significant
Can be variable across organizations
Can be diverse across IT proposals
A single IT Investment can have a diverse value proposition
Different IT Investments have different objectives and hence different value
propositions and value assessment techniques
Tangible IT Value Measures - CORRECT ANSWER-Can be measured in terms of
dollars (i.e. revenue increase, reduction in labor costs), process improvement(fewer
errors, faster results), and strategically important operational and market outcomes
(reduction in turnover, increase in patient satisfaction).
Intangible IT value measures - CORRECT ANSWER-Improved decision making,
communication, compliance, collaboration, agility, becoming more "state of the
art" and customer friendly
, 4 types (classes) of investment - CORRECT ANSWER-Transformation (effect a
significant improvement in overall performance or change the organization's
nature)
Renewal (intended to upgrade core IR infrastructure and applications or reduce the
costs or improve IT quality)
Process Improvement (sought to improve the operations of an organization)
Experiments (designed to evaluate nenw information technologies and test new
types of applications)
IT project proposal - CORRECT ANSWER-Cornerstone in examining value. To
achieve value, alignment with organizational strategies must occur, factors for
sustained IT excellence must be managed, budget processes for making choices
between investments must exist, projects must be well managed.
Simply, the proposal describes the value that will result
Two common financial measures - CORRECT ANSWER-Net present value
(NPV) and Internal rate of return (IRR)
COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED
