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,Five Component Model A framework that identifies the five key components of an information system —hardware,
software, data, procedures, and people —used to understand how systems are built and
function.
Information System (IS) A structured arrangement of components that collect, process, store, and disseminate
information to support decision-making, coordination, control, analysis, and visualization
in an organization.
Leavitt's Diamond A model illustrating the interdependence of four organizational components —people,
tasks, structure, and technology —used to understand the impact of change within an
organization.
Procedure A set of instructions or rules that define how tasks are to be performed within an
information system, often guiding user interactions with technology.
Process A series of steps or activities that transform inputs into outputs, often automated or
supported by information systems to improve efficiency and consistency.
Strategic Planning The process of defining an organization's direction and making decisions on allocating
resources to pursue this strategy, often supported by information systems for data-driven
insights.
Structure The organizational setup, including hierarchy, roles, and responsibilities, that influences
how information systems are implemented and used.
Supply Chain The network of organizations, people, activities, information, and resources involved in
delivering a product or service to a customer, often optimized using information systems.
Technology Infrastructure The foundational hardware, software, networks, and facilities that support the operation
and management of enterprise information systems.
Value Chain A model that describes the full range of activities required to create a product or service,
with information systems enhancing each step to add value and improve
competitiveness.
Five Component Model Identifies the five essential elements of an information system — hardware, software, data,
procedures, and people — used to analyze how systems support business strategy.
,Information System (IS) A coordinated set of components and resources that collect, process, store, and
disseminate information to support strategic goals and competitive advantage.
Leavitt's Diamond A framework showing how changes in technology, tasks, structure, or people affect the
other components, emphasizing the need for alignment when implementing strategic
systems.
Procedure A defined set of instructions that guide users in executing tasks within an information
system, ensuring consistency and alignment with strategic objectives.
Process A sequence of activities that transform inputs into outputs, often optimized through
information systems to improve efficiency and competitive positioning.
Strategic Planning The process of defining long-term goals and determining how information systems can
support and enhance competitive advantage.
Structure The organizational configuration that determines how information systems are deployed
and how strategic decisions are executed.
Supply Chain The interconnected network of entities involved in producing and delivering goods or
services, often enhanced by information systems to reduce costs and improve
responsiveness.
Technology Infrastructure The foundational IT assets — hardware, software, networks — that support strategic
initiatives and enable competitive capabilities.
Value Chain A model that breaks down business activities into primary and support functions, with
information systems used to optimize each link for strategic benefit.
Communications Management The processes required to ensure timely and appropriate generation, collection,
distribution, storage, and disposition of project information.
Core Competency A defining capability or advantage that distinguishes an enterprise from its competitors,
often leveraged in project execution.
Cost Management Planning, estimating, budgeting, financing, funding, managing, and controlling costs to
complete the project within the approved budget.
, Cost -Reimbursable Contract A contract type where the buyer reimburses the seller for allowable costs incurred
during the project, plus a fee.
Critical Path The sequence of project activities that determines the shortest possible duration to
complete the project.
Deliverable A tangible or intangible output produced as a result of project work, subject to approval
by stakeholders.
Earned Value A project performance measurement that integrates scope, schedule, and cost data to
assess progress.
Fixed -Price Contract A contract type where the payment amount does not depend on resources used or time
expended.
Forming -Storming -Norming -Performing -Adjourning Model A framework describing the stages of team development in project environments.
Gantt Chart A visual representation of a project schedule, showing tasks, durations, and
dependencies over time.
Make -or-Buy-or-Lease Decision A strategic choice to produce internally, purchase externally, or lease resources for
project needs.
Network Diagram A graphical representation of project activities and their dependencies.
Operations Ongoing activities that sustain the business, distinct from temporary project efforts.
Predecessor Task A task that must be completed before another task can begin.
Procurement Management The processes necessary to purchase or acquire products, services, or results from
outside the project team.
Project Champion An individual who supports and promotes the project within the organization, often at an
executive level.
Project Deadline The final date by which a project or specific deliverable must be completed.