Project Management Information Systems Notes

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1. INTRODUCTION TO INFORMATION SYSTEMS
Information system refers to various information technology systems like computers, software,
database, communication systems, the internet, devices, and others used by an organization to collect,
transfer, organize, and store data. Bursting with changes, the current business milieu has helped
companies implement a varied set of advanced technologies into different processes. These IT
applications have introduced automation, efficiency, and timeliness in various business activities.
The introduction of information systems into the business has evoked a chain reaction among
different interrelated processes that have only benefited the companies by increasing profits and
reducing costs and lead time, among other things. Therefore, it is imperative to understand the
growing importance of information systems in companies.
• “Information systems (IS) is the study of complementary networks of hardware and software
that people and organizations use to collect, filter, process, create, and distribute data.”
“Information systems are combinations of hardware, software, and telecommunications networks
that people build and use to collect, create, and distribute useful data, typically in organizational
settings.”
• “Information systems are interrelated components working together to collect, process, store,
and disseminate information to support decision making, coordination, control, analysis, and
visualization in an organization.”
An information system is an organized combination of people, hardware, software, communications
Networks and data resources that collects, transforms, and disseminates information in an
organization.
The MIS is defined as a system based on the database of the evolved for the purpose of providing
information to the people in the organization.
Management information systems are distinct from regular information systems in that they are used
to analyze other information systems applied in operational activities in the organization. MIS
involve three primary resources: technology, information, and people.
Management information systems are regarded to be a subset of the overall internal controls
procedures in a business, which cover the application of people, documents, technologies, and
procedures used by management accountants to solve business problems such as costing a product,
service or a business-wide strategy.
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