This course is part of the Information Systems Specialization

4.7
stars
574 ratings

Gautam Ray

31,794 already enrolled

Offered By

Information Systems SpecializationUniversity of Minnesota

About this Course

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Firms make significant investments in IT. In the IS/IT Governance course we will discuss how to govern IT to make sure that the IT investments contribute to organizational goals and strategies.
Firms need to formally evaluate significant IT investments. IT investments are also risky, so firms need to consider the risk associated with the investments to appropriately evaluate the investment. We will discuss how to evaluate IT investments.

Firms usually make multiple IT investments in a given year. In this course we will discuss how to evaluate a portfolio of IT investments. Firms need a mechanism to charge users for the IT investments made to encourage prudent consumption of IT resources. We will discuss different mechanisms for charging for IT that incents users to spend IT dollars wisely.

Finally, IT investments are made to generate value for the firm. This requires that employees actually use the new IT systems that is developed. Thus, in the IS/IT Governance course we will discuss strategies to make sure that users use the new system so that the firm derives value from its IT investments.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

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Course 1 of 4 in the

Information Systems Specialization

Beginner Level

Managers at any level who use IT to address business problems and investments.

Critical thinking of conceptual and practical issues.

Approx. 10 hours to complete

English

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What you will learn

Discover how to align IT investment decisions with the goals and strategies of the organization.
Evaluate individual IT investments and learn how to incorporate risk into IT investment decisions.
Evaluate a portfolio of IT investments and learn how to charge users for IT investments.
Learn different levers firms can use to increase adoption of IT innovation and how IT systems may require different strategies for implementation.

Skills you will gain

Management
IT Skills and Knowledge
Finance and accounting skills and knowledge

Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Course 1 of 4 in the

Information Systems Specialization

Beginner Level

Managers at any level who use IT to address business problems and investments.

Critical thinking of conceptual and practical issues.

Approx. 10 hours to complete

English

Could your company benefit from training employees on in-demand skills?

Try Coursera for Business

Instructor

Instructor rating

4.72/5 (135 Ratings)

Gautam Ray

Associate Professor

Carlson School of Management, Information and Decision Sciences

31,794 Learners

1 Course

Offered by

University of Minnesota

The University of Minnesota is among the largest public research universities in the country, offering undergraduate, graduate, and professional students a multitude of opportunities for study and research. Located at the heart of one of the nation’s most vibrant, diverse metropolitan communities, students on the campuses in Minneapolis and St. Paul benefit from extensive partnerships with world-renowned health centers, international corporations, government agencies, and arts, nonprofit, and public service organizations.

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Syllabus - What you will learn from this course

Content Rating96%(2,007 ratings)

Week1

Week 1

3 hours to complete

IT Alignment

3 hours to complete

15 videos (Total 118 min)

15 videos

An Introduction to the Information Systems Specialization8mCourse Project Introduction3m1.1-1 Personal Introduction3m1.1-2 Course Overview16m1.1-3 IT Alignment Part 16m1.1-4 IT Alignment Part 29m1.1-5 IT Alignment Part 36m1.2-1 A Framework for IT Governance5m1.2-2 Who Makes the Decisions9m1.2-3 How IT Decisions are Made9m1.3-1 Key Principles and Practices5m1.3-2 Operating Model and Enterprise Architecture6m1.3-3 Application Silo Stage10m1.3-4 Implications of Enterprise Stages7m1.4-1 Module 1 Summary9m

1 practice exercise

Module 1: IT Alignment Quiz15m

Week2

Week 2

3 hours to complete

Evaluating IT Investments

3 hours to complete

14 videos (Total 112 min), 3 readings, 1 quiz

14 videos

2.1-1a Evaluating IT Investments Part 16m2.1-1b Net Profit Value Part 14m2.1-1c Net Profit Value Part 210m2.1-1d Net Proft Value Part 36m2.1-1e Net Profit Value Part 410m2.1-2 Evaluating IT Investments Part 25m2.1-3 Evaluating IT Investments Part 36m2.1-4 Evaluating IT Investments Part 411m2.2-1 Incorporating Risk in IT Investment Evaluation Part 16m2.2-2 Incorporating Risk in IT Investment Evaluation Part 210mSystem Implementation Problem8mSystem Implementation Problem Analysis8m2.2-3 Incorporating Risk in IT Investment Evaluation Part 37m2.3-1 Module 2 Summary8m

3 readings

Discounted Cash Flow of Anesthesia Information Management Systems (AIMS)10mBusiness Process Improvement at Concete Co. Cemex Article10mSystem Implementation Problem Description5m

1 practice exercise

Module 2: Evaluating IT Investments Part I Quiz15m

Week3

Week 3

2 hours to complete

Evaluating IT Investments (Continued)

2 hours to complete

7 videos (Total 54 min)

Week4

Week 4

2 hours to complete

Change Management

2 hours to complete

6 videos (Total 49 min)

Reviews

4.7

109 reviews

5 stars
83.65%
4 stars
11.82%
3 stars
1.73%
2 stars
0.34%
1 star
2.43%

TOP REVIEWS FROM IS/IT GOVERNANCE

by RSAug 28, 2020

I like the way course content is designed and explained with tremendous patience

by OPJan 8, 2023

Some interesting and useful content and concepts but the lectures are sometimes tedious with the instructor simply reading the text on the slides (multiple times).

by SODec 28, 2020

Wholistic and comprehensive curriculum,

Superb presentation by Prof. Gautam Ray, Progressive and interesting to follow.

Thanks to UoM and Coursera

by POOct 25, 2020

Well tailored presentations, expository yet relatable examples and references, engaging instructor and insightful topics. I am absolutely happy I took this course.

View all reviews

About the Information Systems Specialization

This specialization provides a robust introduction to the key principles and practices of Information Systems Management.

The first course describes how Information Systems address business problems. This takes the form of an IT alignment model that describes how Information Systems provide capabilities that enable or support organizational strategy. This component also includes an economic analysis of the Information System. The second course in the specialization entails the practice of modeling information systems. The goal of this course is to describe the Information System defined in the first course, so that the Information System can be developed. The third course provides an overview of the capabilities of modern enterprise systems. The goal of this course is to understand the capabilities of enterprise systems, so that the firm can decide if the requirement identified in the second course can be met by an enterprise system. Managerial aspects related to the selection and implementation of enterprise systems will also be discussed. The fourth course in the specialization describes the IT infrastructure choices available to a modern enterprise and the tradeoffs associated with each alternative. Any large Information System implementation is a significant organizational change initiative that requires careful stewardship. All the courses will deal with the issue of change management and discuss strategies and approaches for achieving a successful implementation.

Frequently Asked Questions

When will I have access to the lectures and assignments?
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.

More questions? Visit the Learner Help Center.

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IS/IT Governance

About this Course

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