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Canada (511,271)
ITM 305 (73)
Lecture 2

itm 305 week 2.docx

2 Pages
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Department
Information Technology Management
Course Code
ITM 305
Professor
Youcef Derbal

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Description
PLANNING - Technical feasibility: o Domain knowledge o Technology o Project size (risk) o Integration risk - Economic feasibility o Identify costs and benefits o Assign value to costs and benefits o Determine cash flow o Determine return on investment o Value to money now and before - Organizational feasibility o User acceptance of the systems o Alignment with the business strategy. - System request document o Champion o Need o Business requirements o Value o Other - Net Present Value= PV total Benefit-PV Cost - ROI=(Total Benefits-Total Cost)/Total Cost - The longer it takes for you to break even, the riskier the project is. Project Management - Effort Estimation o Identification of tasks o Use case point estimation of effort - Work breakdown struc
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