MIS 3534-001 – Prof. Min-Seok Pang

Day 06 – Cost of IT (II)

Day 6 – Cost of IT (II) – online discussion questions

  • As the CIO of IVK, how would you convince business unit heads to come up with funding for the IT security fix?
  • How would you calculate a probability and potential damages in IT security breach?
  • Any examples in Tragedy of Commons?
  • Any examples in Public Goods in our life?
  • Any examples in Prisoner’s Dilemma in our real-life?
  • What would be a problem in Volkswagen of America’s IT funding decision process?

Day 6 – Cost of IT (II) – in-class discussion questions

  • Who controls the IT budget at IVK?
  • On what basis do the business units at IVK pay for IT?
  • Who at IVK knows how the internal IT prices are calculated?
  • Why had Mr. Davies, the former CIO, had to set up “slush funds”?
  • The slush funds are technically…. what?
  • Why is Mr. John Cho requesting an immediate funding on IT security?
  • Why has the request for IT security funding kept being denied?
  • Suppose that business unit heads completely understand the urgent need for IT security fund and the risks and consequences from IT security failures? Will they still pay for IT security willingly?
  • What’s the consideration and decision of Mr. Barton in terms of IT budget funding and controls?
  • What does Maggie, Mr. Barton’s girlfriend/consultant, mean by “one neck in the noose”?

Do not leave a comment in this post. Online discussion questions will be posted after the class.

Day 6 – IT Adventures Chapter 8 – reading brief guidelines

  • Why has Mr. John Cho’s request for IT security funding been being denied?
  • Why had Mr. Davies, the former IVK CIO, had to set up a slush fund? How?
  • By “one neck in the noose”, what does Maggie (Mr. Barton’s girlfriend) mean?
  • What’s Mr. Barton’s decision regarding IT funding and what’s his rationale?