IT investment decisions

BSIM – OCT 2022 – L3 – Q6 – ERP System Development Options and Project Success

Factors for deciding on in-house or buying ERP, key issues affecting IT project success, and measures to minimize challenges.

Question

Your bank is considering the options of developing a new Enterprise Resource Planning (ERP) system in-house or simply buying an existing system.

a) Discuss the factors to be taken into consideration and advice management on the appropriate options. [10 Marks]

b) Describe the key issues that can affect the success of such IT projects and the measures that the bank can adopt to minimize the challenges. [10 Marks]

[Total: 20 Marks]

Answer

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Tags: Buying Existing, Challenges Minimization, ERP System, Factors, In-House Development, Success Issues
Level: Level 3

Topic: IT investment decisions
Series: OCT 2022

BSIM – OCT 2022 – L3 – Q4 – IT for Cost Leadership in Banking

Report on adopting specific IT to achieve cost leadership in the banking industry.

Question

The new Chief Executive Officer (CEO) of the bank where you work is determined to reposition the bank as a cost leader. As the Manager responsible for business development, the CEO has tasked you to write a report discussing how the bank can adopt specific information technologies to achieve the goal of becoming a cost leader within the banking industry.

[20 Marks]

Answer

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Tags: Banking Industry, Business Development, cost leadership, Information Technologies, Repositioning
Level: Level 3

Topic: IT investment decisions
Series: OCT 2022

BSIM – APR 2023 – L3 – Q6 – Core Banking System Development vs Purchase

Factors for in-house vs. purchasing software, key success factors for new core banking project, and minimization measures

Question

The executives of a bank have decided to change their existing core banking application and introduce a new one. In its quest to minimize the challenges associated with the introduction of new systems, you have been engaged by the bank to advise management on the following.

a) The factors that management must take into consideration in either developing the software in-house or purchasing a commercial application. [10 Marks] CIB GH 04-23 BANK STRATEGIC INFORMATION MANAGEMENT LEVEL III Page 3

b) The key factors that can affect the success of the new core banking project, and the measures that the bank can adopt to minimize the challenges.

[Total: 20 Marks]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Challenges, Commercial Purchase, Core Banking Application, In-House Development, Measures, Success Factors
Level: Level 3

Topic: IT investment decisions
Series: APR 2023

BSIM – OCT 2022 – L3 – Q6 – ERP System Development Options and Project Success

Factors for deciding on in-house or buying ERP, key issues affecting IT project success, and measures to minimize challenges.

Question

Your bank is considering the options of developing a new Enterprise Resource Planning (ERP) system in-house or simply buying an existing system.

a) Discuss the factors to be taken into consideration and advice management on the appropriate options. [10 Marks]

b) Describe the key issues that can affect the success of such IT projects and the measures that the bank can adopt to minimize the challenges. [10 Marks]

[Total: 20 Marks]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Buying Existing, Challenges Minimization, ERP System, Factors, In-House Development, Success Issues
Level: Level 3

Topic: IT investment decisions
Series: OCT 2022

BSIM – OCT 2022 – L3 – Q4 – IT for Cost Leadership in Banking

Report on adopting specific IT to achieve cost leadership in the banking industry.

Question

[20 Marks]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banking Industry, Business Development, cost leadership, Information Technologies, Repositioning
Level: Level 3

Topic: IT investment decisions
Series: OCT 2022

BSIM – APR 2023 – L3 – Q6 – Core Banking System Development vs Purchase

Factors for in-house vs. purchasing software, key success factors for new core banking project, and minimization measures

Question

b) The key factors that can affect the success of the new core banking project, and the measures that the bank can adopt to minimize the challenges.

[Total: 20 Marks]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Challenges, Commercial Purchase, Core Banking Application, In-House Development, Measures, Success Factors
Level: Level 3

Topic: IT investment decisions
Series: APR 2023

Topic: IT investment decisions

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BSIM – OCT 2022 – L3 – Q6 – ERP System Development Options and Project Success

Factors for deciding on in-house or buying ERP, key issues affecting IT project success, and measures to minimize challenges.

BSIM – OCT 2022 – L3 – Q4 – IT for Cost Leadership in Banking

Report on adopting specific IT to achieve cost leadership in the banking industry.

BSIM – APR 2023 – L3 – Q6 – Core Banking System Development vs Purchase

Factors for in-house vs. purchasing software, key success factors for new core banking project, and minimization measures

BSIM – OCT 2022 – L3 – Q6 – ERP System Development Options and Project Success

Factors for deciding on in-house or buying ERP, key issues affecting IT project success, and measures to minimize challenges.

BSIM – OCT 2022 – L3 – Q4 – IT for Cost Leadership in Banking

Report on adopting specific IT to achieve cost leadership in the banking industry.

BSIM – APR 2023 – L3 – Q6 – Core Banking System Development vs Purchase

Factors for in-house vs. purchasing software, key success factors for new core banking project, and minimization measures

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BSIM – OCT 2022 – L3 – Q6 – ERP System Development Options and Project Success

Factors for deciding on in-house or buying ERP, key issues affecting IT project success, and measures to minimize challenges.

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BSIM – OCT 2022 – L3 – Q4 – IT for Cost Leadership in Banking

Report on adopting specific IT to achieve cost leadership in the banking industry.

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BSIM – APR 2023 – L3 – Q6 – Core Banking System Development vs Purchase

Factors for in-house vs. purchasing software, key success factors for new core banking project, and minimization measures

You're reporting an error for "BSIM – APR 2023 – L3 – Q6 – Core Banking System Development vs Purchase"

BSIM – OCT 2022 – L3 – Q6 – ERP System Development Options and Project Success

Factors for deciding on in-house or buying ERP, key issues affecting IT project success, and measures to minimize challenges.

You're reporting an error for "BSIM – OCT 2022 – L3 – Q6 – ERP System Development Options and Project Success"

BSIM – OCT 2022 – L3 – Q4 – IT for Cost Leadership in Banking

Report on adopting specific IT to achieve cost leadership in the banking industry.

You're reporting an error for "BSIM – OCT 2022 – L3 – Q4 – IT for Cost Leadership in Banking"

BSIM – APR 2023 – L3 – Q6 – Core Banking System Development vs Purchase

Factors for in-house vs. purchasing software, key success factors for new core banking project, and minimization measures

You're reporting an error for "BSIM – APR 2023 – L3 – Q6 – Core Banking System Development vs Purchase"

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