Corporate Strategy And It Governance †Myassignmenthelp.Com

Question: Discuss About The Corporate Strategy And It Governance? Answer: Introducation The University of Uriarra is an Australian university has taken nine applications based on their ICT planning for the betterment of infrastructure and students. The main advantage of making the system more advanced in terms information technology is that it can manage the departments, database and the inventory of the university in a better way (Aouni et al., 2014). To understand and analyze these 9 information systems or applications, these are discussed from the perspective of application portfolio management. In the first system an administrative support system (FINPAY) is discussed which can be implemented for several fields like personnel selecting, payroll, general ledger, accounts payable, purchasing, and accounts receivable. This application is a commercial ayatem which is Unix/Oracle dependent and uses an endpoint interface (Farinelli and Tibiletti 2017). From the application portfolio management perspective it can be said that this application is used to make the system more advanced in terms of decreasing the cost. There are some drawbacks of the system that it cannot totally manage all the departments in an automatic and integrated way. .Another important system is that the student record system (STUDREC). It is a purchased software package which can be used to keep the records of the student of UU University. This application is based on an Oracle database platform and mostly is accessed through the Oracle forms interface (Farinelli and Tibiletti 2017). From the application portfolio management perspective it can be said that the system is effective in saving time and cost. The main effects regarding the turbulent government policy on the application is that it cannot keep pace with respect to the changing environment. In that7 case it is provided with some changing options. The third one is the learning management system for the support of teaching and learning activities which is based around an opens sourced product and the man advantage of this application is that it is managed by an outsourced provider. From the application portfolio management perspective it can be said that the system can decrease the amount of cost and time to a greater extent (Aouni et al., 2014). But it cannot be familiarised with sudden changes in the class and the number of students. The fourth application is the class room timetabling system (Room+) which is a sophisticated system and it is accessed commercially and it is dependent upon the client server technology and it uses the Oracle database for the information (Sieberer et al., 2017). The main advantage of making the system is that it can automatically access the timetabling of the classroom and thus make the whole response faster. From the application portfolio management perspective it can be said that this system makes the time consumption and cost consumption to a much lower value. There are also some drawbacks like the automatic scheduling functionality is not used as there is an internal database system which cannot be used in all the universities and environments. The ULIB library system supports the functions defined in a normal library like loans and cataloguing. This is a commercial Unix/Oracle based system using a Java interface. The library has also various other software which allows the students and the staffs of the university to access several information and content (Tu, Chang and Huang 2017). From the application portfolio management perspective it can be said that it is a very good application in case of decreasing the cost and it also arrange the whole system in a better managed way. There are a very few drawbacks of the system like the system can lead to internal risk factors. Sometimes the students or the staffs can misuse this application and access unwanted data which may be harmful for the universitys database. Another application is the campus email and calendar system which is based around a central MS Exchange server (Szeg 2014). The main advantage of making the system is that it helps the students and the staffs of the university to get the idea about the dates and holidays. From the application portfolio management perspective it can be said that this system can provide important information regarding the working days of the university. The UU University also implements the UU campus Information system (UU On-line). This system is based on Web and it uses an open source content management system for providing intranet and external access to UU information to the students and the staffs of the university (Sieberer et al., 2017). It consists of the timetables, faculty information, UU handbook, , staff directories and UU policies. From the application portfolio management perspective it can be said that this system is highly effective in case of managing the increased cost and also increases the response of the system. Another application is the directory service which is also based on the LDAP and linked to different systems for dynamic updating and access control (Kumar 2014). From the application portfolio management perspective it can be said that this is advanced system from the point of view of the cost and time management. The records management system (TRIM) is an important commercial system which uses the client/server technology and while it has strong document management capabilities, UU are currently mostly using it to manage their paper based files kept in central registry (Farinelli and Tibiletti 2017). From the application portfolio management perspective it can be said that it is a cost and time efficient application. Technical quality Business value UU On-line This application is given the first position as it is very well organised and decreases the cost to a greater extent. TRIM This application is also given the second rank as it is very useful i0n the university system. Room+ This system is not only cost reducing but also useful for the university management system. ULIB This application is also given the second rank as it is very useful i0n the university system. FINPAY The system is moderate in terms of cost effectiveness and the management. Learning management system This system is one of the most required system for the university but it is not so cost effective. STUDREC This application is also given the second rank as it is very useful i0n the university system. Campus Email and Calendar system The affectivity is better but the scopes are not so good. Directory service The cost effectiveness and the utility both are not so good. References Aouni, B., Colapinto, C. and La Torre, D., 2014. Financial portfolio management through the goal programming model: Current state-of-the-art. European Journal of Operational Research, 234(2), pp.536-545. Farinelli, S. and Tibiletti, L., 2017. Portfolio Management and Stochastic Optimization in Discrete Time: An Application to Intraday Electricity Trading and Water Values for Hydroassets. In Operations Research Proceedings 2015 (pp. 631-636). Springer, Cham. Kumar, D., 2014. Return and volatility transmission between gold and stock sectors: application of portfolio management and hedging effectiveness. IIMB Management Review, 26(1), pp.5-16. Sieberer, M., Peisker, J., Clemens, T. and Thiele, M.R., 2017, June. Infill Well Portfolio Management under UncertaintyApplication to the 8 TH Reservoir, Austria. In SPE Europec featured at 79th EAGE Conference and Exhibition. Society of Petroleum Engineers. Szeg, G.P., 2014. Portfolio theory: with application to bank asset management. Academic Press. Tu, T.Y.J., Chang, H.L. and Huang, Y.H.J., 2017. Investigating IS Service Portfolio Management and Strategy: A Study of IS Application Services.