Exercise 1 – Chapter 4 1. Compare the ease of estimating costs and benefits of projects with the ease of estimationg costs and benefits of repetitive operations. Why might they be different? 2. How did Hinton and Kaye find that managers treat information technology project (in the context of investments)? What is the difference in treatment as capital or treatment as revenue generating? 3. According to Hinton and Kaye, what is the most commonly used method to evaluate information systems projects 4. Two different views of project estimation bias were discussed. List factores that favor having those responsible for building a project doing the estimation. Then list the factors favoring the opposite view. 5. Describe Federal Express’s approach to information systems project funding 6. Discuss the positive and negative features of outsoucing technology projects 7. Cabral – Cardoso and Payne surveyed research and development decision makers about their project selection methods. Compare the most commonly identified methods found by Cabral – Cardoso and Payne with the list identified by Hinton and Kaye. 8. Describe the difference in evaluating project proposals by creening, a checklist and a project profile