...Homework IT Governance and COBIT framework Yeng Lee SEC 592 Professor Joseph Costantini May 18, 2014 What is the relationship between IT execution and IT governance? IT execution and IT governance are both related to the development of Information Technology. The differences among the two terms are their purpose and process. IT execution is a phase in IT development where IT governance is policies and rules to a project. In other word, IT governance is a whole single identity while IT execution is a step in a project. We will go further detail of the different of the two terms. But first, we will elaborate the term IT execution and IT governance. As stated above, execution is a phase in a project. IT execution usually comes after analyzing and planning phase of a project. Following the execution phase will be testing, clean up, and monitoring. In the execution or a project, it requires setting up responsibilities, time management, authorities, and control mechanism to accomplish the task. We will see later how governance does this IT execution. In the Execution phase, the project is carry out and complete. In the field of Information Technology, it can be anything from connecting a new network to upgrading an existence application or hardware to implementing security policies. As the project is being developed, executioner must refer back to the planning phase for guidance and error checking (Project Execution Phase, n.d.). Governance is the process...
Words: 1112 - Pages: 5
...Analyzing Risk November 11, 2013 Analyzing Risk This document will cover the definition and description of risk management. Topics covered include the philosophy, methodology, and the purpose of analyzing risk as well as development of a risk management plan and a procurement management plan. Identifying risk is the process of determining which risks may affect the progress of the project. The project stakeholders are usually included in the risk identification process. These stakeholders include the project manager, risk management experts, the project team members, and end users. Identifying risk is an iterative process because new risks can develop in a short period and should be integrated into the risk management plan. The process of risk planning involves following a series of steps that can be continually repeated in sequence throughout the life of a project. The first step in the process is risk planning. Risk Planning Risk planning begins with getting solid backing from the project stakeholders for the risk management approach (Marchewka, 2009). Support from the stakeholders will ensure that the resources required for a successful risk assessment are available to the project team. The second part of risk planning is to be prepared for the risks that are identified. The team must plan for the potential resources and tools required to perform proper project risk management. After the stakeholders have committed to the risk management approach, it is...
Words: 1576 - Pages: 7
...IN THE DEVELOPMENT CO-OPERATION AGENCIES: A REVIEW OF EXPERIENCE BACKGROUND REPORT In order to respond to the need for an overview of the rapid evolution of RBM, the DAC Working Party on Aid Evaluation initiated a study of performance management systems. The ensuing draft report was presented to the February 2000 meeting of the WP-EV and the document was subsequently revised. It was written by Ms. Annette Binnendijk, consultant to the DAC WP-EV. This review constitutes the first phase of the project; a second phase involving key informant interviews in a number of agencies is due for completion by November 2001. TABLE OF CONTENTS PREFACE.......................................................................................................................................................... 3 I. II. III. IV. V. VI. RESULTS BASED MANAGEMENT IN THE OECD COUNTRIES -- An overview of key concepts, definitions and issues -- ........................................................................ 5 RESULTS BASED MANAGEMENT IN THE DEVELOPMENT CO-OPERATION AGENCIES -- Introduction --...................................................................................................................................... 9 PERFORMANCE MEASUREMENT IN THE DEVELOPMENT CO-OPERATION AGENCIES -- The project level --............................................................................................................................ 15 PERFORMANCE MEASUREMENT IN THE DEVELOPMENT CO-OPERATION...
Words: 64540 - Pages: 259
...Situation Analysis – 1-1 Situation Analysis – An Approach and Method for Analyzing the Context of Projects and Programme j:\cc69\nmm\website docs\situation analysis\situation analysis approach and method.doc Global M&E Initiative 1-2 An Approach and Method for Analyzing the Context of Projects and Programme Notes: j:\cc69\nmm\website docs\situation analysis\situation analysis approach and method.doc Global M&E Initiative An Approach and Method for Analyzing the Context of Projects and Programme 1-3 TABLE OF CONTENTS 1. THE RATIONALE FOR SITUATION ANALYSIS IN IUCN ............................................ 5 2. THE BASIC STEPS INVOLVED IN SITUATION ANALYSIS ......................................... 6 3. GUIDING PRINCIPLES FOR GOOD PRACTICE............................................................. 7 PARTICIPATORY ........................................................................................................................... 7 OUTWARD LOOKING..................................................................................................................... 7 LEARNING FROM OTHERS ............................................................................................................. 7 USING THE FRAMEWORK OF PEOPLE AND ECOSYSTEMS ................................................................ 7 DATA BASED NOT ANECDOTAL..................................................................................................... 7...
Words: 7679 - Pages: 31
...USAID Project CYCLE OVERVIEW SUMMARY This paper provides an overview of the Program Cycle to all USAID staff and their development partners. The overview demonstrates how the components of the Program Cycle support each other and relate to annual processes and documents. We now live in a more dynamic world, however, with new development partners, more coordination among various US Government actors, shorter execution cycles, new policies and fiscal realities, and greater appreciation for the complexity and contingency of development. The Program Cycle acknowledges that development is not static and is rarely linear, and therefore stresses the need to assess and reassess through regular monitoring, evaluation, and learning. The Program Cycle encourages planning and project management innovations to reduce the unit cost of delivery and increase the cost-effectiveness and lasting impact of development cooperation. In short, we are not going back to the future, but moving forward based on historical best practices. PROGRAM CYCLE COMPONENTS: 1. Agency Policies and Strategies. 2. Country Development strategies 3. Project Design and Implementation 4. Monitoring 5. Evaluation 6. Learning and Adapting 7. Budget Resources Agency Policies and Strategies: The Program Cycle is informed by a series of U.S. Government and USAID policies and strategies that define the goals and purpose of this approach, and that ultimately strive to make...
Words: 3023 - Pages: 13
...Define and describe the interactional framework for analyzing leadership including the different components of the framework and how it can be used to determine effective leadership. The interactional framework for analyzing leadership depicts leadership as a function of three elements (level of analysis): the leader, the followers, and the situation. It can be used to analyze leadership scenarios from each level of analysis separately, which can be useful. However, using the framework as an analysis tool for leadership situations is more effective when analyzing the interactions between the different levels of analysis. For instance, it may be useful to examine a leadership scenario by analyzing the situation and determining the level of stress, the environment, or the task at hand but more information can be gathered by analyzing the interaction between the leader and the situation. If the leader can perform actions to modify the situation, to lessen the stress of the situation for example, there may be a resulting positive effect on the followers. This example highlights one of the unique and useful aspects of the interactional framework for analyzing leadership: the importance placed on the interactions between the leader, the followers, and the situation. The interactional framework for analyzing leadership scenarios is best represented by a Venn diagram, as drawn below, where each level of analysis (leader, followers, and situation) are drawn as open circles that overlap...
Words: 2019 - Pages: 9
...NORTHEASTERN UNIVERSITY GRADUATE SCHOOL OF ENGINEERING Boston, MA Master of Science in Computer System Engineering, Concentration: Software Engineering December 2012 * Dean’s ScholarshipPROFESSIONAL EXPERIENCE | VICOR CORPORATION Andover, MAFull Stack Software Engineer, Core Team Member March 2013 – May 2015 * Led 16+ projects using software control system to automate manufacturing processing to reduce operation cost. * Automated human operational procedure, producing an annual cost savings of $45,000. * Saved 8 hours labor time per engineer per month by presenting and introducing new software development tool to the user community, project team, and management team. * Managed multiple projects to ensure deadlines were met and tasks were completed in compliance with regulatory rules and internal guidelines * Defined, documented and implemented new product requirements by collaborating with business analysts, engineers, managers, and end users. * Increased knowledge transfer efficiency by constructing...
Words: 550 - Pages: 3
... |7-8 | |Riskit Method |8-12 | |Conclusion |12 | |References |13 | Abstract: The risk management in software project is a crucial activity because if any risk becomes true, it can hamper the growth of project as well as its organization. This paper presents the basic concept of risk, need for risk management and its process. Then the various approaches for the risk management used are discussed. The practical approach used for managing the risks is also given in the following section. A new approach for risk management called eRiskit method is developed by many project participants. Introduction: A risk is defined as the futuristic activity whose impact can be seen in future. Risk can be...
Words: 2209 - Pages: 9
............... 3 Common issues characterizing the charcoal value chain ........................................................................ 3 Analyzing the charcoal value chain ......................................................................................................... 4 Building a roadmap for charcoal value chain upgrading ......................................................................... 7 Conclusions............................................................................................................................................ 10 References ............................................................................................................................................. 11 Introduction Charcoal is a prime source of energy in most African country, as well as a driving force of their economies with estimated annual growth rates of around 3.7 percent [1]. Surprisingly enough, policy makers pay little attention to the ways in which charcoal is produced and sold – e.g. the question as to whether wood used for charcoal burning is harvested in a sustainable fashion. For lack of coherent policies, charcoal production, transportation and distribution remain, above all, informal and unregulated – rendering them inefficient and risky [2]. Besides, various stages of the charcoal supply chain impact in multiple ways on the economic, social, and environmental aspects of the MDG agenda. The observation that charcoal does not receive...
Words: 4031 - Pages: 17
...FINANCE IN VALUE CHAIN ANALYSIS—A SYNTHESIS PAPER microREPORT #132 OCTOBER 2008 This publication was produced for review by the United States Agency for International Development. It was prepared by DAI. FINANCE IN VALUE CHAIN ANALYSIS—A SYNTHESIS PAPER microREPORT #132 The authors’ views expressed in this publication do not necessarily reflect the views of the United States Agency for International Development or the United States Government. CONTENTS INTRODUCTION ................................................................................. 1 OBJECTIVE ................................................................................ 1 DEFINITION ................................................................................ 1 IMPORTANCE ............................................................................. 1 REPORT STRUCTURE ................................................................. 1 THE VALUE CHAIN ANALYSIS (VCA) FRAMEWORK ..................... 3 ANALYTICAL VCF FRAMEWORK WITH CASE-STUDY ILLUSTRATIONS ................................................................................ 7 UNDERSTANDING THE CURRENT CASH FLOW AND CREDIT STRUCTURE (ANALYTICAL PHASE) ............................................ 7 Intra-firm Finance ......................................................... 8 Finance Services Provision .......................................... 9 Inter-firm Finance (Governance) ................................ 10 UNDERSTANDING...
Words: 7800 - Pages: 32
...was destined to be part of the business and economics world. Seeing my father as a successful business owner with real estate portfolios had a decisive impact on my life. He introduced me to a world of finance, accounting and banks through his business and helped me to develop constructively. I realized that understanding the interplay of business and related aspects of economics can be critical. Russia experienced a financial crisis in the year 1998, where there was a total collapse of the banking system declaring bankruptcy, devaluation of the currency. Businesses of many families suffered, including mine. As a result there was a strong necessity for a stable economic market. The common theory of how the legal framework exacerbate the crisis and why financial regulations which failed to execute did not put the right checks and balances failed to convince me. Behind these events lay a principle that, in turn, fueled and increased my interest in economics and reinforced my conviction to pursue a degree in management. During my undergraduate program I gained significant understanding of micro and macroeconomics, global financial systems and market structures. I became proficient in credit management, banking systems, monetary and economic policies. My ongoing interest further led me to work on several projects such as analyzing the relationship between market structures and the performance of the banking industry. After completing the undergraduate program, I got jobs at reputable...
Words: 735 - Pages: 3
...Department of MIS, Central Connecticut State University, CT, USA Abstract The Work System Method by Steven Alter has a significant potential for improving requirements definition in information systems development. Previous publications on the Work System Method and also on Design Science concepts and their relevance for Systems Analysis and Design are reviewed. We suggest some directions for further work on the diffusion of work system method ideas in systems analysis and design organized along the conceptual framework for IS research by Hevner, March, Park and Ram. Keywords: systems development, work system method, systems analysis and design. 1. INTRODUCTION Hevner et al (2004) presented seminal directions for work in design science within the Information Systems field. These lead subsequently to an increased interest in research in Systems Analysis and Design (SA&D) (see Bajaj et al., 2005; Iivari et al., 2005 and Harris et al., 2006). The importance of Systems Analysis and Design for any program of study in information systems and, we may add, to the field of IS development is well summarized by Harris et al. (2006:242). Among the most important aspects of the relevance of SA&D, Harris et al. (2006) list development of analytical and problem solving skills and the development and implementation of information systems. The growing interest in SA&D was evolving in parallel with a renewed attention on the applicability of...
Words: 5564 - Pages: 23
...Business Systems Development January 19, 2013 Jeffery Comrie Analysis of the Riordan HR system My report will be regarding the main information collecting strategies that we will use for this project, depending on "Analyzing HR System.” A few main aspects will be recognized that is linked to the accomplishment of what is called the information collecting procedure. The scope and feasibility will be defined to assist us in accepting the significance of this project. This report will provide awareness for the project and may be able to recognize a range of options for the information to move forward Information Gathering procedures The data or information that is collected is an important step in any part of the plan. It ought to be conceded out in an organized way for procuring the targets of the development and accumulating the correct data. Data should be combined from options that express dependable data and provide the intention of the project. The collection of data collecting resources should be completed in compliance to the necessities of the development. For accumulating the data, two main options will be used, first and second options. Both of these will be supportive in collecting applicable and helpful information. “The first resource, questionnaire or meeting strategies can be used to collect information. Interviews can be taken of representatives that work with Human Resource Development Organizations...
Words: 3563 - Pages: 15
...Jahangirnagar Planning Review ISSN 1728-4198 Vol. 2, June 2004, pp. 67-82, © Jahangirnagar University This article is brought to you by www.bdresearch.org Eco-Tourism: An Investigation into the Conceptual Framework and Policy Requirements for its Growth in Bangladesh Golam Moinuddin* Halima Begum** Abstract Sustainability considerations have been making ways in each and every development initiative in the last two-decades or so. In line of this trend, the concept of eco-tourism emerged and later on, turned out to be an environment friendly and economically beneficial industry taking over a considerable bulk of mass-tourism activity and offsetting some of its negativities. Such a transformation has ultimately positioned eco-tourism to be the substitute of mass-tourism in many tourist destinations. In view of such reality, this article attempts to investigate on the conceptual dynamics and benefits of eco-tourism and explores reflective state of these theoretical underpinnings on the basis of two case studies drawn from successful eco-tourist destinations. In light of such investigative out-puts, the article focuses on the prospects of eco-tourism industry and makes an effort to provide a broad policy framework for the development of the same in Bangladesh. It identifies areas of intervention required in promoting the eco-tourism industry in the country. Finally, it attempts to define and differentiate the respective roles of the private and public sectors in the flourishment...
Words: 7403 - Pages: 30
...Table of Content Abstract 3 Introduction 3 What is the purpose of the article detailed by the author? 3 The conceptual framework of the article 4 How well the authors achieve their purpose? 5 What are the author’s interpretations? 6 Does the author exhibit bias or slant in their treatment of the subject? 7 Does the author agree or disagree with information from the leadership course? 7 Is the information in the article consistent or inconsistent with what you know from your own experience? 8 Conclusion 8 References 10 Abstract Servant leadership is a type of leadership quality that focuses on the philosophy to serve first. It addresses certain concerns like customer experience, employee engagement and ethical values that brings in a culture where the leader and follower both reach a goal without using authoritative power (Baghurts & Carter, 2013). The article discusses a focus group on eleven employees from a servant leadership restaurant and how it uses different methods to examine positive results influence by customer experience, engagements and loyalty to the workplace. Introduction Servant leadership is a management way of life; it tackles the concerns of customer experience, employee engagement and ethics, thus creating an only one of its kind organizational society, where both followers and leaders come together to...
Words: 2200 - Pages: 9
