Transcript Chapter 1
Systems Analysis and Design in a Changing World, Thursday, January 25, 2007 1 Today’s Schedule Project Management – – 2 Scoping & Planning Risks & Feasibility Thursday, Quiz #1 on Chapters 1 & 2 Assignment #3 Due Monday, January 29th Begin Reading Chapter 4, page 110 - 120 System Requirements Defining the Problem Review business needs – – – Identify expected system capabilities – 3 Use strategic plan documents Consult key users Develop list of expected business benefits Define scope in terms of requirements Create system scope document Build proof of concept prototype Create context diagram In Teams, Draw Context Diagram for Your Info System 4 Producing the Project Schedule Develop work breakdown structure (WBS) – – – Build a PERT/CPM chart – – – 5 List of tasks and duration required for project Similar to outline for research paper WBS is foundation for project schedule Assists in assigning tasks Critical path method Gantt chart and tracking GANTT chart Partial PERT/CPM Chart 6 Gantt Chart for Entire Project (with overlapping phases) 7 Gantt Chart for Iterative Project 8 Confirming Project Feasibility Risk management Economic feasibility – – 9 Cost/benefit analysis Sources of funds (cash flow, long-term capital) Organizational and cultural feasibility Technological feasibility Schedule feasibility Resource feasibility Risk Management 10 Economic Feasibility Cost/benefit analysis – – – – 11 Estimate project development costs Estimate operational costs after project Estimate financial benefits based on annual savings and increased revenues Calculate using table of costs and benefits Uses net present value (NPV), payback period, return on investment (ROI) techniques Sample Benefits for RMO (Figure 3-19) 12 RMO Cost Benefit Analysis 13 (Figure 3-20) Intangibles in Economic Feasibility 14 Intangible benefits cannot be measured in dollars – Increased levels of service – Customer satisfaction – Survival – Need to develop in-house expertise Intangible costs cannot be measured in dollars – Reduced employee morale For Tuesday, January 30 15 Assignment #3 Due Monday, January 29th Begin Reading Chapter 4, page 110 - 120 System Requirements