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Information
Transmission of messages in the form of signals or messages, shaping minds and communicating knowledge.
Information Processing
Transformation of raw data into a hierarchy of understanding: Data, Information, Knowledge, and Wisdom (DIKW).
Disinformation
Deliberate generation of false information without a factual basis.
Misinformation
Inadvertently spreading falsehoods by well-intentioned sources.
Data Analytics
Systematic process of scrutinizing, cleaning, reshaping, and modeling data to uncover valuable insights.
Information Systems
Interconnected components designed to collect, process, store, and disseminate information.
Strategic Planning
The process of aligning information systems with business objectives to navigate challenges.
CEO and CIO Collaboration
The necessity of cooperation between CEO and CIO to align technology with business strategy.
Cost-Benefit Analysis
The need to analyze both tangible and intangible costs and benefits in IS planning.
Subsystem Planning
Importance of planning subsystems carefully in larger projects.
Scope Management
Defining project scope and limitations to establish a clear framework for execution.
Time Management
Critical role of effectively managing time in IT project management.
PERT
Program Evaluation Review Technique used for planning and scheduling project activities.
CPM
Critical Path Method used for managing project timelines.
User Involvement
Role of users in shaping project scope and development processes.
Project Closure
Transitioning a project into normal operation, ensuring all accounts and documentation are closed.
Project Success Measures
Evaluating customer satisfaction, user involvement, and top management support to determine project success.
Application Portfolio Model
Classification of IT applications into categories based on their strategic relevance and operational importance.
Competitive Forces Framework
Michael Porter's model outlining five competitive forces that influence an industry.
Strategic Management Support
The necessity of support from senior management in application development and project planning.
Legacy Systems
Outdated computer systems that pose challenges for modern information systems.
Digital Transformation
Adapting to significant changes in technology and its implications for organizational strategies.
Data Quality
Accuracy and reliability of data, which influences the quality of information produced.
Stakeholders in IT Projects
Individuals or groups invested in the outcome of an IT project.
Competitive Advantage
The edge gained by companies that effectively utilize information technology strategically.
Market Growth Strategies
Initiation, growth, maturity, and decline classifications of business strategies.
Economic Tools for Strategy
Financial approaches used to optimize operations and enhance decision-making.
Boston Square
A tool integrating product life cycle stages with market share and profitability considerations.
Innovation in Business
Continuous development of new ideas and processes to maintain competitive advantage.
Organizational Climate
The environment and culture within an organization that affects project planning.
Resource Management
Strategic allocation and use of resources within project management.
Time Management Assessment
Techniques to evaluate and improve individual time management skills.
Control Mechanisms
Protocols to ensure proper execution and monitoring of projects.
Flexible Activities
Non-critical tasks in a project that allow for scheduling adjustments.
Project Milestones
Key achievements in a project timeline that denote significant progress.
PDCA Cycle
Plan-Do-Check-Act cycle for continuous improvement in project management.
Project Risk Management
Identifying, assessing, and managing potential risks within project execution.
Net Present Value (NPV)
Financial metric assessing the value of an investment project.
Return on Investment (ROI)
A performance measure used to evaluate the efficiency of an investment.
Slack Time
The total time that a task can be delayed without delaying the project.
Formal Acceptance
Obtaining approval from stakeholders that a project meets its objectives.
User Validation
Ensuring that end-users affirm the functionality and effectiveness of the system developed.
Effective Communication
Crucial skill for IT project managers to convey information among stakeholders.
Continuous Improvement
Ongoing efforts to enhance products, services, or processes.
Conflict Resolution
Methods applied to address and resolve disputes among project stakeholders.
Change Control
Process for managing change to the project scope or objectives.
Technical Skills
The specialized knowledge and abilities required to effectively manage IT projects.
Organizational Integration
Alignment of project objectives with overarching organizational goals.
Critical Success Factors
Essential elements that must be in place for a project to succeed.
Project Dependencies
Relationships between tasks that affect their sequence in project execution.
Performance Metrics
Quantitative measures used to assess project success and effectiveness.
Quality Management
Processes ensuring that projects meet established quality standards.
Resource Estimation
Assessing the resources required for successfully completing project tasks.
Project Roadmap
A strategic guide outlining the vision and steps needed to achieve project objectives.
