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:

Accommodation Party

A person or entity that signs a negotiable instrument on behalf of another party to provide financial backing without direct benefit.

Direct Beneficiary

An individual or entity that is explicitly intended by the parties involved to benefit from a contract or agreement.

Credit Instrument

A document that evidences a debt and the promise of repayment, such as bonds, notes, or mortgages.

Transferor's Warranties

Guarantees made by a seller (transferor) to a buyer about the condition, legality, and ownership status of the goods or property being sold.