If an Intended Benefit of an IT Project Is Improved

question 82

True/False

If an intended benefit of an IT project is improved decision making,managers should develop a set of metrics to quantify the value of an improved decision.

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Definitions:

Partnership Agreement

A written agreement between partners in a business that outlines the terms of the partnership, including contributions, responsibilities, and how profits and losses will be shared.

Dissolution

The closing down or dismissal of an assembly, partnership, or official body.

Authorized Purchases

Transactions that have been approved or are within the purchasing rights granted to individuals or entities by an organization or authority.

Actual Authority

Legally granted power to an agent by the principal, enabling the agent to act on behalf of the principal.