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HCM 435 FINAL QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED

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HCM 435 FINAL QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED Business Owner Has day-t-day responsibility for running a function or a department. An example of a business owner might be the director of the clinical lab. Business Sponsor The individual who holds overall accountability for the success of a project. Implementation Team This team plans, coordinates, budgets and manages all aspects of the new system implementation. IT Manager The senior IT person assigned to the project. The IT manager represents the IT department, has final IT decision-making authority, can help remove technical obstacles and obtains buy-in from IT constituents. Managing Change Project Manager (PM) Provides day-to-day direction setting, conflict resolution, and communication needed by the project team. The PM identifies needed resources, delivers project on time, within budget and according to written specifications. The ensure risks are being managed or resolved, and keeps the project within scope. System Champion Someone who is well respected in the organization and sees the new information system as necessary to the organization's achievement. of its strategic goals. System Implementation Begins once the organization has acquired the system and continues through the early stages following the go-live date. Train the Trainer A method of training end-users on the new system where the vendor trains selected members of the organization, who will in turn serve as "super users" and train employees in other departments. Unintended Consequences Outcomes of a system implementation that were not foreseen during the planning and analysis phases. They are usually negative in nature. User resistance Occurs when organizations do not have sufficient buy-in or support of the new system. Workflow and Process Analysis A sequence of repeatable steps that individuals perform to complete a task. Digital Maturity Defined according to 2 variables: 1) Digital Intensity, or how a company invested in IT to change the way it operates and 2) Transformation Management Intensity - or the extent of the leadership capabilities necessary to drive digital transformation of the company. Internal Rate of Return the discount rate at which the net present value of an investment project is zero; the rate of return of a project over its useful life

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HCM 435 FINAL QUESTIONS AND ANSWERS WITH COMPLETE

SOLUTIONS VERIFIED


Business Owner

Has day-t-day responsibility for running a function or a department. An example of a

business owner might be the director of the clinical lab.

Business Sponsor

The individual who holds overall accountability for the success of a project.

Implementation Team

This team plans, coordinates, budgets and manages all aspects of the new system

implementation.

IT Manager

The senior IT person assigned to the project. The IT manager represents the IT

department, has final IT decision-making authority, can help remove technical obstacles

and obtains buy-in from IT constituents.

Managing Change

Project Manager (PM)

Provides day-to-day direction setting, conflict resolution, and communication needed by

the project team. The PM identifies needed resources, delivers project on time, within

budget and according to written specifications. The ensure risks are being managed or

resolved, and keeps the project within scope.

System Champion

,Someone who is well respected in the organization and sees the new information

system as necessary to the organization's achievement. of its strategic goals.

System Implementation

Begins once the organization has acquired the system and continues through the early

stages following the go-live date.

Train the Trainer

A method of training end-users on the new system where the vendor trains selected

members of the organization, who will in turn serve as "super users" and train

employees in other departments.

Unintended Consequences

Outcomes of a system implementation that were not foreseen during the planning and

analysis phases. They are usually negative in nature.

User resistance

Occurs when organizations do not have sufficient buy-in or support of the new system.

Workflow and Process Analysis

A sequence of repeatable steps that individuals perform to complete a task.

Digital Maturity

Defined according to 2 variables: 1) Digital Intensity, or how a company invested in IT to

change the way it operates and 2) Transformation Management Intensity - or the extent

of the leadership capabilities necessary to drive digital transformation of the company.

Internal Rate of Return

the discount rate at which the net present value of an investment project is zero; the

rate of return of a project over its useful life

, IT project Proposal

IT Value

that value which is derived by an organization through the deployment of technology:

strategic positioning, customer satisfaction, productivity, cost avoidance

Net Present Value

Calculated by subtracting the initial investment costs from the future cash flows that

result from the investment.

Value Realization

The value realized from a project shown over time.

Application Management

Chief Information Officer (CIO)

Oversees all uses of IT and ensures the strategic alignment of IT with business goals

and objectives

Chief Information Security Officer (CISO)

manages security for the organization's information systems and information

Chief medical informatics officer (CMIO)

"An emerging position, typically a physician with medical informatics training, that

provides physician leadership and direction in the deployment of clinical applications in

healthcare organizations"

Chief Technology Officer (CTO)

Responsible for ensuring the throughput, speed, accuracy, availability, and reliability of

IT.

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