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> | Describe the factors to be considered during a investment analysis, including: |
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| - | technological advances |
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| - | accuracy of information |
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| - | timeliness of information |
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| - | extent of automation (vs manual) |
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> | Identify the following costs of proposed alternatives: |
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| - | intangible costs |
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| - | present operating costs |
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| - | operating costs |
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| - | implementation costs |
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| - | initial investment |
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| - | opportunity costs |
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> | Identify typical sources of financial benefits: |
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| - | revenues |
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| - | cost savings |
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| - | intangible benefits |
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> | Prepare a typical report showing breakdowns of costs, benefits, discounted cash flows and decision criteria: |
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| - | summaries, (including cash flow analysis) |
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| - | results using the following decision criteria; NPV, IRR and payback) |
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| - | recommendations |
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> | Explain the ways the proposed system can contribute to an improved MIS, including: |
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| | - more rapid access to information |
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| | - more up-to-date information |
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| | - more accurate information |
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| | - information based on more data elements |
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| | - information based on new logical functions |
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> | Explain the function of the requirements definition, considering these factors: |
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| | - what must be achieved |
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| | - why it is desirable |
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| | - when it should be achieved |
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| | - who will do the work |
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> | Given a case study, write the requirements definition for a simple system using the following headings: |
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| | - Introduction |
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| | give a brief background to the current system highlighting shortcomings. |
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| | - Terms of reference |
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| | include such items as: |
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| | - possible/preferred/mandatory implementation dates |
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| | - possible resources |
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| | - possible constraints |
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| | - Objective and Scope |
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| | define broad objectives of the proposed system, and boundaries and interfaces. |
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| | Define measurable requirements for system performance. |
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| | - Benefits and Costing |
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| | describe perceived efficiency and cost benefits. Give a broad view of implementation costs. |
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| | - Recommendations |
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| | prioritised. |
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> | Prepare and conduct a presentation of the Requirements Definition.
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