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Information Systems - Essay Example

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Thus, the successful implementation and management of information system is necessary to successfully run the business. However, many projects fail due to cost overruns, falling behind…
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stakeholders, implementing a better mitigation plan for potential risk and ensure that they clearly understand and support what the project should achieve. This report presents the detailed risk analysis, mitigation and recommendations for the new information technology based system implementation for the submission of personal tax returns at a large European country. In addition, this report will outline some of main and inflectional risks those can make this project a failure. In this scenario I will also recommend some of effective mitigation steps to effectively manage and handle this project.

According to (Whitten, Bentley and Dittman), the current era is known as the age of information technology since the information technology is playing vital and major roles in almost every walk of life. Additionally, the business sector is also tremendously influenced and improved by the information technology. Furthermore, at the present, organizations have more effective and well-organized ways for performing business functions. Furthermore, to perform managerial tasks, the development and implementation of information systems have turned out to be essential task for almost every organization.

Since, the accomplishment of the information systems in the organizations and corporate structures has provided many advantages and ROI (return on investment). However, at the present time, the information systems are strongly attached with business activities and management operations. Since, these systems are presenting a valuable return on the organizational data stored in these information systems. In addition, the development of the off-the-shelf information systems has presented various facilities to the business data and information handling.

Thus, at the present, the information system is the main factor of the concentration for every organization (Whitten, Bentley and Dittman; Hutchinson and Sawyer). This report is about the implementation of new information system

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