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Management Information Systems (MIS) · Module 9 of 10

IT strategy and managing IT projects

Aligning technology with business goals.

📖 Key ideas

  1. IT strategy should support business goals, not chase technology for its own sake.
  2. Build vs buy: custom software fits exactly; ready-made software is faster and cheaper to start.
  3. Total cost of ownership includes licences, hardware, training, support and upgrades.
  4. Projects are managed on scope, time, cost and quality.
  5. Change management helps people accept new systems.
💡 Real-life example: Like buying a vehicle for a business: the cheapest price is not the total cost; fuel, drivers, insurance and repairs matter too.
TCOTotal cost of ownership over the system's life
ScopeWhat the project will and will not deliver
Build vs buyChoosing custom or ready-made software
Change managementHelping people adopt a change