Principles of Information Systems (MindTap Course List)
12th Edition
ISBN: 9781285867168
Author: Ralph Stair, George Reynolds
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Concept explainers
Expert Solution & Answer
Chapter 12, Problem 1SAT
Program Description Answer
61% of all the projects are challenged or failed and it is estimated according to Standish Group.
Hence, the correct answer is option “C”.
Expert Solution & Answer
Explanation of Solution
Standish group:
- Standish group is an independent international Information Technology(IT) research advisory firm established in 1985.
- It was known for the reports about
information systems projects in private and public sector. - This mainly focuses on mission-critical software applications, especially concentrating on failures and possible improvements in IT projects.
- It has been constantly tracking the success rate of projects and even though there were improvements, the number of failed and challenged projects stands at 61%.
Explanation for incorrect options:
a. around 25%:
The Standish group has reported that the number of failed and challenged projects stands at 61%
Hence, the option “A” is wrong.
b. anywhere from 25% to 50%:
The Standish group has reported that the number of failed and challenged projects stands at 61%
Hence, the option “B” is wrong.
d. over 70%:
The Standish group has reported that the number of failed and challenged projects stands at 61%
Hence, the option “D” is wrong.
Want to see more full solutions like this?
Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
1-Mohammed has joined a project for building a new payroll system for an organization. He started his task by identifying the scope of the system and determining the feasibility of the system. From the given scenario, Mohammed is in the______________ phase of SDLC.
Planning
Analysis
Design
Implementation
------
Assume that there were 5 conditions and the first condition is having 3 alternatives, second condition is having 4 alternatives and the remaining conditions are having 2 alternatives then, there would be a maximum of how many columns available in a Decision table?
24
32
120
96
------------------
If you are developing a software for online shopping, then which decision table you will create to implement your logic?
Table consists of seller behavior
Table consists of workers’ salary
Table consists of Discount rules
Table consists of workers’ commission
A project estimator is working on estimates for a project that is very similar to a previous project, in that it has many of the same features and those features have similar costs. Each feature or deliverable will represent the same percentage of the total cost as it did for the previous project. He is using the _________ method of top-down estimating.
a. ratio
b. consensus
c. apportion
d. function point
e. learning curves
The board of directors of an organization determines that it is necessary to create incentives for senior management to advance the organization's aims. The board of directors determines whether to award bonuses based on growth in share value at the conclusion of each fiscal year. Bonuses are to be given in shares that managers may hold or sell on the open market. What are the consequences of implementing such a bonus system?
Chapter 12 Solutions
Principles of Information Systems (MindTap Course List)
Ch. 12.5 - Prob. 1DQCh. 12.5 - Prob. 2DQCh. 12.5 - Prob. 1CTQCh. 12.5 - Prob. 2CTQCh. 12.8 - Prob. 1DQCh. 12.8 - Prob. 2DQCh. 12.8 - Prob. 1CTQCh. 12.8 - Prob. 2CTQCh. 12 - Prob. 1SATCh. 12 - Prob. 2SAT
Ch. 12 - Prob. 3SATCh. 12 - The ______ is a key member and the leader of the...Ch. 12 - Prob. 5SATCh. 12 - Prob. 6SATCh. 12 - Prob. 7SATCh. 12 - Prob. 8SATCh. 12 - Prob. 9SATCh. 12 - Prob. 10SATCh. 12 - Feasibility analysis is typically done during...Ch. 12 - Data modeling is most often accomplished through...Ch. 12 - Prob. 13SATCh. 12 - Prob. 14SATCh. 12 - Any potential change in system requirements that...Ch. 12 - Prob. 1RQCh. 12 - Prob. 2RQCh. 12 - Prob. 3RQCh. 12 - Prob. 4RQCh. 12 - Prob. 5RQCh. 12 - Prob. 6RQCh. 12 - Prob. 7RQCh. 12 - Prob. 8RQCh. 12 - Prob. 9RQCh. 12 - Prob. 10RQCh. 12 - Prob. 11RQCh. 12 - Prob. 12RQCh. 12 - Prob. 13RQCh. 12 - Prob. 14RQCh. 12 - Prob. 15RQCh. 12 - Prob. 16RQCh. 12 - Prob. 1DQCh. 12 - Prob. 3DQCh. 12 - Prob. 5DQCh. 12 - Prob. 6DQCh. 12 - Prob. 10DQCh. 12 - Prob. 11DQCh. 12 - Prob. 1DQ1Ch. 12 - Prob. 2DQ1Ch. 12 - Prob. 1CTQ1Ch. 12 - Prob. 2CTQ1Ch. 12 - Prob. 1DQ2Ch. 12 - Prob. 2DQ2Ch. 12 - Prob. 1CTQ2Ch. 12 - Prob. 2CTQ2Ch. 12 - Prob. 1DQ3Ch. 12 - Prob. 2DQ3Ch. 12 - Prob. 1CTQ3Ch. 12 - Prob. 2CTQ3
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.Similar questions
- The board of directors of an organization determines that it is necessary to create incentives for senior management to advance the organization's aims. The board of directors determines whether to award bonuses based on growth in share value at the end of each fiscal year. Bonuses are to be paid in shares that managers may hold or sell on the open market. What are the consequences of implementing such a bonus system?arrow_forwardThe board of directors of a company decides that senior management has to be rewarded in order to achieve the company's objectives. The board of directors selects whether or not to award bonuses based on growth in share value at the end of each fiscal year. Bonuses will be given in shares, which the managers can keep or sell on the open market. What are the ramifications of implementing a bonus system like this?arrow_forwardExplain the importance of aligning a risk mitigation plan's scope with the original risk assessment. Discuss the consequences of scope creep and how to effectively manage project boundaries to prevent cost escalation. Provide examples of situations where maintaining scope requires saying "no" to additional countermeasures or functionalities that fall outside the defined boundaries of the mitigation plan.arrow_forward
- QUESTION 12 Which of the following is not the activity of Project Planning? O Define the problem Build prototype O Produce the project schedule O Confirm feasibilityarrow_forwardAssume, if the earned value is equal to actual cost of the project means, ____________? a. There is no variance in the cost b. There is no variance in the schedule c. There is variance in the cost d. There is variance in the schedulearrow_forwardWhich of the following is one of the 6 steps of the anatomy of a recovery Direct Method? O a. Review the company's smart goals O b. Look for activities that cost the most to do, does not matter if they have float or not O c. Look along the critical path to shorten project duration O d. Look at activities with float to shorten project duration QUESTION 6 Which of the following best describes part of the recovery process involved in rescheduling the work? O a. Entering start & finish dates from the status date backward O b. Looking where to recover time lost from status date forward O c. Entering actual start & actual finish dates O d. Entering late start & late finish datesarrow_forward
- The time of an activity in a phase of a project given as optimistic 1 day, most likely 3 days, pessimistic 5 days, then activity estimate time will be_______________. a. 3 days b. 5 days c. 1 day d. 4 daysarrow_forwardPlease use this project link below to answer the questions above thoroughly Software Development Risk Management Model- a goal-driven approachhttps://www.google.com/url?sa=t&source=web&rct=j&url=https://d-nb.info/1011414708/34&ved=2ahUKEwin18bR6Lb9AhWrUjABHQHiDtIQFnoECBAQAQ&usg=AOvVaw0vmiH-3fSabjozkKO5TIajarrow_forwardCreate a Project Activity List for an app and the project activity list should include the following tasks:• An activity list of no less than 40 activities • Identify all activities:• Number each task;• Name each task;• Provide the duration of each task;• Schedule,and sequence project accordingly.• Use phases, summary tasks, deliverables, and work packages;• Use at least (minimum) of four team members as resources;• Use at least (minimum) of six milestones;• Estimate the cost of each task;• Project summary;• Show the total cost (budget) of the project.arrow_forward
- A purpose of Commitment Scale is to to list actions that can improve Stakeholder interest. True/Falsearrow_forwardAs a Project Engineering had been tasked to make an analysis and to recommend to yourcompany on the economic justification on option to purchase a new or 3-year old used truck tobe used for the company's project construction activities as well as providing some rentalbusiness for three years. As the truck is not used for the whole time, 5-days a month it is beingrented out. The new truck having better fuel efficiency and lower maintenance cost. Based onyour data gathering, you have this information derived for the analysis.(Refer to attached image) c) From Life Cycle Cost Analysis, would you choose new lorry or 3-year used truck? What isyour recommendation and why?arrow_forwardBriefly describe the various types of project feasibility that must be evaluated.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Principles of Information Systems (MindTap Course...Computer ScienceISBN:9781285867168Author:Ralph Stair, George ReynoldsPublisher:Cengage LearningInformation Technology Project ManagementComputer ScienceISBN:9781337101356Author:Kathy SchwalbePublisher:Cengage LearningPrinciples of Information Systems (MindTap Course...Computer ScienceISBN:9781305971776Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
- Fundamentals of Information SystemsComputer ScienceISBN:9781305082168Author:Ralph Stair, George ReynoldsPublisher:Cengage LearningPrinciples of Information Security (MindTap Cours...Computer ScienceISBN:9781337102063Author:Michael E. Whitman, Herbert J. MattordPublisher:Cengage LearningDatabase Systems: Design, Implementation, & Manag...Computer ScienceISBN:9781285196145Author:Steven, Steven Morris, Carlos Coronel, Carlos, Coronel, Carlos; Morris, Carlos Coronel and Steven Morris, Carlos Coronel; Steven Morris, Steven Morris; Carlos CoronelPublisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781285867168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Information Technology Project Management
Computer Science
ISBN:9781337101356
Author:Kathy Schwalbe
Publisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781305971776
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Fundamentals of Information Systems
Computer Science
ISBN:9781305082168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Principles of Information Security (MindTap Cours...
Computer Science
ISBN:9781337102063
Author:Michael E. Whitman, Herbert J. Mattord
Publisher:Cengage Learning
Database Systems: Design, Implementation, & Manag...
Computer Science
ISBN:9781285196145
Author:Steven, Steven Morris, Carlos Coronel, Carlos, Coronel, Carlos; Morris, Carlos Coronel and Steven Morris, Carlos Coronel; Steven Morris, Steven Morris; Carlos Coronel
Publisher:Cengage Learning