What are the main phases of the system analysis method?
Determine goals of system
Establishing criteria for ranking alternatives
Develop alternate solutions
Rank solutions
Iterate
Action
Policy Component
effectiveness must be evaluated by its accord with general social, governmental, or other high-order judgments, rather than by simple economic efficiency
High Order
A large number of discernible subsystems or parts. May be interconnected in complex ways
What approach to problem solving do system analysts typically take?
A goal-centered approach
Weaknesses of bottom-up plnning
Locks-in current technology and operational structure, produces ever-decreasing incremental improvements, tends to focus on short-term problems
In which ways does iteration promote efficiency?
It is a powerful aid in getting the study started, it minimizes fear of making initial errors, it minimizes wasted effort on unnecessary subtasks and extraneous dead-ends
When should a systems analyst stop iterating?
When the additional cost of one more iteration exceeds the probable benefit of the additional clarification
Steps of the goal development process
Generalize the question, develop a descriptive scenario, develop a normative scenario, develop the axiological component, prepare an objectives tree, validate, iterate
What are characteristics of a descriptive scenario?
Describes the situation system as is, used to help broaden the analyst's understanding of the generalized component, points out current good and bad features of the system
Characteristics of an objectives tree
Reading down any branch of an objectives tree, each goal statement must answer ‘how’ for it’s immediate superior goal, Reading up any branch, each higher statement answers ‘why’ the goal below it is needed, Each goal statement should provide a more detailed goal than the statement above it in the hierarchy, should NOT give solutions
Benefits with generalizing the question
allows analysts to include considerations such as impacts on non-users and the environment, It helps to address the issue of a client often not understanding their own problem, allows the analyst team to consider a greater portion of actors involved within a system
How do you assess a client's values?
Infer based on other interactions and questions
What are the criteria of an index of performance?
Measurable, subjective, nonrelativistic, meaningful, understandable
Difference between simple and compound interest
Simple interest is a fixed percentage of the principal amount that was borrowed or lent; compound interest accrues and is added to the accumulated interest of previous periods
Brainstorming
no criticism, build on each other's ideas
Brainwriting
Improvement over brainstorming, absolute silence, built off of trigger questions2
Axiological component
Client's values are (figure out from behavior)
Operations Research
application of scientific method
Cash flow column in a cash flow chart:
negative principal paid minus interest paid
In a cash flow chart, to find interest:
multiply by interest rate from the top diagonal of outstanding cost
Rule of 72
i*n = 72% Easy way to figure out how long it will take money to double
Sources to use to construct DS, NS
Directly from clients/system, indirectly from clients/system, internal research, external research, from your team