Update the IT Planning Strategy Design Document title page with a new date and project name.
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Get it written →The first project resulted in an overview of the organization, the current information technology (IT) strategy that is followed and implemented by that organization, and the identification of the top 3 problems with the current IT strategy. The result of describing the organization and the identification of the top 3 problems with its IT strategy should provide a good foundation for the next step in the project. The next step is to identify the business impact of each problem. Knowing the business impact of problems provides a sense of their relative severity or urgency.
For this assignment, you will continue to work on your IT Strategy Design Document by adding a section on the Business Impact of each of the problems with the Current IT Strategy. You will also provide a business impact summary of your chosen organization.
The project deliverables are as follows:
- Update the IT Planning Strategy Design Document title page with a new date and project name.
- Update your previously completed sections based on instructor feedback.
- For each problem identified in Week 1, write its business impact on the organization. Emphasis will be on FINANCIAL Impacts, as those are seen as the most important to Business Management. The Format for the Business Impact Analysis of each Problem is as follows:
Problem: <One Line Description>
<Short description; approximately 100 words>
Priority: <One, Two, Three>
<Short explanation of why Priority was chosen>
Financial Impacts
Direct Financial Impacts:
Indirect Financial Impacts
Non-Financial Impacts <morale, customer confidence, etc.>
- Map these problems directly to business impacts to determine the precedence of individual problems.
- These problems should focus on what the business is facing now or will face in the future.
- Provide business impact summary (1 page)
- Summarize the organization’s overall situation or predicament as accurately as possible by linking business impacts to problems.
- Provide at least 2 new references to support your research paper.
- Be sure to update your table of contents before submission.
- Name the document “yourname_IT375_IP2.doc.”
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