INSY 4325 (EXAM 1) QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026

INSY 4325 (EXAM 1) QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026 Work-breakdown Structure - Answers Display activities in hierarchy , and breakdown work and showing phases or modules until all individual tasks have been listed Service Oriented Arcitectures - AnswersBuilt in self contained units and combine them to save money and time, geared toward different services that can (Similar to OO) AND involves developing standards for how information will be exchanged between services in an ogranization Business Intelligence - AnswersData mining to understand , help make more informed decisions, find trends , tools and technology to find trends and aid in the decision making process Barriers for CIO being executive Leader - Answers- Misperception of CIO role - Lack of business skills and business competencies - Failure to understand importance of IT - Lack of time for strategic issues CIO Role - AnswersKnow what you dont know Manage people and resources Moore's Law - AnswersCOmputing power doubles every 18 months 9 Principles of Agile Project Management - AnswersDeliver Something useful Cultivate committed stakeholders Employ a leadership collaboration management style Build competent collaborative teams Enable team decision making Use iterative feature driven delivery Encourage adaptability Champion technical excellence Accelerate throughput APM Lifecycle - AnswersEnvision Speculate Iteratively deliver features Monitor and adapt Close Scope Creep - AnswersFailure to constrain change PERT Diagram - AnswersProgram evaluation review technique - Will show amount of time estimated for each activity and then combine times to come up with best case scenario for least amount of time to complete project Gantt Chart - Answers- Chart that has timeline on horizontal axis, depicts activities that need to occur and their projected and actual timelines Critical Path Method - AnswersFocus on getting critical milestones Web Services - AnswersProvide infrastructure to connect srevices together, support service based interfaces, NOT an IMPLEMENTATION tech, and standards bsaed, platform independent SDLC Lifecycle - AnswersPlanning Analysis Design Implementation Maintenance Planning - AnswersDefine problem Overview of the requirements Feasibility Analysis Analysis - AnswersDefine what the systems needs to do Interviews Existing Systems Documentation Design - AnswersDefine how the requirements will be met Functional Specs for the system Implementation - AnswersCoding Testing Training Documentation Approval User Acceptance Architecture Stakeholder Map - Answersconflict resolution, project management, and business administration, is the process of identifying the individuals or groups that are likely to affect or be affected by a proposed action, and sorting them according to their impact on the action and the impact the action will have on them. Worm - AnswersSpread by itself and can spread by accessing other files and spreading by itself Virus - AnswersSpread thru human intervention Botnet - AnswersNetwork of computers controlled and operating for same purpose Bot - Answers- Automated process that can repeated constantly Denial of Service Attack - AnswersFlooding service with more request than it can handle ERP System - Answers- End to end solution rather than have separate systems , an ERP system will integrate into one ERP Benefits - Answerso Availability of features o And diversity of machines that can be used SAP Database - AnswersPerforms -INput -Storage/Retrieval -Manipulation -Output SAP Architecture - AnswersUSER PC - Application Server - Database SAP CLient - AnswersWay to seperate data in the system, table entry, and in some ways a seperate database Configuration - AnswersSettings to define the business Master Data - AnswersData that is relatively stable (Materials, Customers, Vendors) Transaction Data - AnswersTemporary Data (Customer orders, purchase orders, production orders, customer payments) Value Configuration - AnswersProcess to produce products and get them to the customers(Materials and supplies are transformed into final product, ) Customer Relationships - AnswersHow to communicate with customers, Assisting pre and post purchase Define Competencies - AnswersBusiness models defines competencies to incentive for customers, Activities Organization Fundamental Competencies - AnswersMarketing - Need marketing function, (ID product chars PPPP) Production - Producing product at any price understands skills necessary Human Resources - Hiring training and firing Adminstration - Everything not in production,marketing, HR Business Offering - AnswersWhat Business produces or sells Infrastructure - AnswersCreates Expenses , describes facilities needed, skills needed to be acquired, manpower, and partnerships, production processes Finances - AnswersPart that determines financial performance and profitability Designing a business Model - AnswersCreate business Model first Define Purpose - All factors needed to operate a successful business are considered Business Plan - AnswersContains the layout of business model and additional admin information - Why it should be profitable -DEtailed information -Strats -Competitive Advantage -Cash flow - Pro forma cash flow Designing Alternatives - AnswersPrototype to find alternatives Explore alternatives Dont fall in love with the first idea HiPPO - AnswersHighest Paid Persons Opinion Internet of Things - AnswersSensors and allow for a lot of information stored to be analyzed 4 Drivers of Innovation - AnswersMeasure Share Experiment Replicate NanoData - AnswersClicktstream, Page Views, Emails messages, RFID Correlation vs Causation - AnswersCausation of the correlation by doing controlled experiments to find the cause Digital Pennies vs Analog Dollarz - AnswersWill decrease profitability and market share Building BLocks of Business Plan - AnswersCustomer Segment Value Propistions Channels Customer Relationships Revenue Streams Key Resources KEy partners Key Activites Unconventioanl Threats to Security - AnswersComplexity Connectivity Culture Security Challenges - AnswersMobile COmputing Cloud computing INdividual and device authentication Trustworthiness of applications Resilency of IS Privleges and functionality Awareness of training Risk Management Process - AnswersAssess - Respond - Monitor (All within risk framing) Enterprise Wide Risk Management - AnswersTier 1 Organization Tier 2 MIssion /BUsiness Process Tier 3 Information Systems Risk Management Framework - AnswersCategorize Select Implement Assess Authorize Monitor Resiliency - AnswersAnticipate and counter the attack Vulnerbility - AnswersCome over web and email Tiers of Leadership - AnswersTier 1 - Control oriented and focuses on functional applications Tier 2 - Enterprise Oriented and senior management team focus Tier 3 - Leadership focus on strategy/strategic goals Uncertainty - Answers- Lack of complete certainty or definite - Outcome of event is unknown - Cant measure or guess what is going to happen Risk - AnswersUncertain event or condition that if occurs could have positive or negative outcome/effect -And impact could be on one or more objectives of the project such as scope schedule cost or quality Risk Management (From the outline provided) - AnswersProcess of identifying, analyzing, and responding to risk factors thru life of project and in the best interest of goals and objectives Planning (Risk Outline) - AnswersAccommodate for any changes that might occur Padding - AnswersRegarding to budget,timeline,resources, is some extra time and money built in Flexible Contracts - AnswersVendors/Suppliers/Contractors maintain service on both sides of contract Accountability - AnswersAny change request should be properly documented Transparency/Good Communication - AnswersLets you avoid surprises, keeps responsibility among group Shorter/Smaller projects - AnswersEasier to manage, cuts down on risk and uncertainity Risk Management Planning - AnswersPlanning for uncertainties and how you will handle them if they occur, and should start at the beginning of the life cycle and be maintained throughout Attack Tree - AnswersHierarchy and lays out overall view for identification for particular risk Risk Breakdown Structure - AnswersFor Overall project view , Look at individual segments Risk Profile - AnswersIdentify types of risk or uncertainties, list in matrix and assign weights , Likelihood of it occurring Risk Response Planning - AnswersPLans for how you are going to responds to your risks Risk Monitoring and Control - AnswersLayout all the things that can go wrong, monitor what is going on and find out if the risks are starting to occur Mitigate - AnswersReduce Transfer - AnswersTransfer the risk from one item or project to another Avoid - AnswersDoing anything to avoid all together Accept - AnswersAccept the risk and handle it if it occurs Contingency Plan - AnswersWhat your are going to do if things go wrong, such as disaster Cone - AnswersUncertainty is high at the beginning of the project and decrease as the project progresses Thrashing - AnswersPulling employees from one project to another Financial Accounting - AnswersAccounting of business financial statements, keeps track of companies financial transaction and helps company meet legal financial accounting reports - General Ledger Accounting - Accounts Rec. - Accounts Payable COA - Chart of Accounts - Answers- List of every account a company has in its system - Liability - Assets - Equity - Revenue - Expense Assets - AnswersProperty a company owns, something useful or of value