financing information technology

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Chapter 13.
1. Steering Committee is a body of senior managers or executives that discusses high level and long-term issues in the organization. The primary responsibility of this committee should be to focus on the overall current and future information needs of the company. The steering committee should be responsible for overall planning and control of the systems development effort of the company. The company has 50% annual growth rate. But still company is running by small mainframe computer, which runs batch applications for all five departments. The steering committee has to form a study team. The study team has to identify strength and weakness of current system and they have to find out solution. Planning for IT include constant monitoring of current system. The study team has to do preliminary investigation. They have to find out alternatives to the current system, each department needs, estimate the cost and benefits of its proposed solution. Then they have to submit a solution or alternative report and recommendation to the steering committee. Then the steering committee will do the final determination. The steering committee may decide to disband the study team and do nothing, perform additional preliminary investigations, or proceed to the formal analysis stage of the system study. The study team will familiarize itself with the company’s current accounting system, identify specific input and outputs, identify system strength and weaknesses, and eventually make recommendations for supplementary work to obtain a more complete understanding of the company’s current operational information system and its environment. After the completion of survey work, it must analyze the result. Then the study team submits final systems analyses report, which signals the end of the analysis phase of the system study. Once steering committee approves the system analyses report, the design team must perform a detailed investigation of different potential...
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