Exam Overview: The exam includes short answer/essay questions. When preparing for the exam, you may want to pay particular attention to the following topics:

• Sourcing Decision Cycle Framework
• In sourcing Drivers and Challenges
• Outsourcing Drivers and Challenges
• Avoiding Outsourcing Pitfalls
• The role of government in outsourcing regulations
• Full vs. Selective outsourcing
• Captive Centers
• Back sourcing
• Crowd sourcing
• Project definition
• System conversion
• PERT, GANTT, CPM
• Elements of project management
• Typical Project Environment
• Project Stakeholders
• SDLC vs. RAD
• Managing project risk and common risk factors associated with IT Projects
• Project triangle
• Project elements
• Determinants of commitment for IT projects
• Open sourcing

Short answers/Essays:

1. Discuss the pros and cons of full vs. selective outsourcing. Which would you choose if you wanted to outsource the production of a new smartphone and why?

2. Is off shoring a problem for the global economy? Defend your answer with specific facts/examples.

3. Discuss how the Project Triangle implies a balancing act for effective project management.

4. Compare and contrast the SDLC and RAD (IT project development methodologies) and their advantages and disadvantages. Which approach would you use for a project that needs to be completed very accurately and requires good documentation? Explain your answer.

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