Managing IT and Software

By: E. Searight

Management Information System

Management Information System (MIS) provides information Management Information System (MIS) provides information for the managerial activities in an organization. The main purpose of this research is, MIS provides accurate and timely information necessary to facilitate the decision-making process and enable the organizations planning, control, and operational functions to be carried out effectively. Management Information System (MIS) is basically concerned with processing data into information and is then communicated to the various Departments in an organization for appropriate decision-making. the managerial activities in an organization.

Management Information System (MIS) is concerned with processing data into information and is then communicated to the various Departments in an organization for appropriate decision-making.

What is MIS?

Right Information

To the right person

At the right place

At the right time

In the right form

At the right cost

Characteristics of a Management Information System

Provides reports with fixed and standard formats - Hard-copy and soft-copy reports

Uses internal data stored in the computer system

End users can develop custom reports

Requires formal requests from users

Joint Application Development

TYPES OF INFORMATION

SYSTEMS Transaction processing

systemsManagement information

system and decision support systems

Executive support system for senior

management SYSTEMSTransaction processing

Project Scope Creep

Source Code Escrow

Software escrow is the depositing of software systems source code with a third party escrow agent. Software Escrow Agreements are used to ensure continued use of critical business systems, they mitigate the risks that are inherent when an organisation relies on third party technology vendors. The software source code is released to the licensee if the licensor fails or otherwise fails to maintain and update the software are specified in the software license agreement.

• Software Escrow is the deposit of application source code with a neutral third party, the escrow agent.

• Software escrow is a smart, simple way of protecting intellectual property rights for software owners while ensuring the long-term availability of business critical systems for end users.

• By arranging a software escrow agreement you are taking responsibility for your business continuity and ensuring that the systems you rely on are always available.

•There may be circumstances when you reasonably want access to the source code and documentation for your business critical application and an escrow agreement will give you that access.