Management Information Systems

Project 2020
Radu Cazan-Fabiz-Group 1

Introduction of MIS
A definition of management information system, as the term is generally
understood, is an integrated, user – machine system for providing information
to support operations, management, and decision – making functions in an
organization. The system utilizes computer hardware and software; manual
procedures; models for analysis, planning, control and decision making; and a
database. The fact that it is an integrated system does not mean that it is a
single, monolithic structure; rather, it means that the parts fit into an overall
design.
The system utilizes
• computer hardware and software
• manual procedures
• mdel for analysis, planning, control and decision making and
• a database

Meaning of IS & its functions

An information system is a collection of hardware, software, data, people and

procedures that are designed to generate information that supports the day-to-day,
short-range, and long-range activities of users in an organization. Information
systems generally are classified into five categories: office information systems,
transaction processing systems, management information systems, decision support
systems, and expert systems
An information system (IS) - or application landscape - is any combination of
information technology and people's activities that support operations,
management, and decision making.
Information system is computer system that support end-users, giving them access
to the information. The transformation of data into information is primary
function of information system [IS].

ALLOCATION PROCESSING
 SOURCE COLLECTION OUTPUT
OF DATA

TO REDUCE
UNCERTAINITY

INFORMATION USER DECISION TACKLE BUSINESS

PROBLEM

TO BE COMPETITIVE

CONTROL OF SYSTEM PERFORMANCE

OUTPUT OF
INPUT OF DATA PROCESSING DATA
INFORMATION
RESOURCES INTO INFORMATION
PRODUCTS

System analysis & system design

STORAGE OF DATA RESOURCES

System analysis is the process of investing a system, identifying problems, and using the
information to recommend improvements to the system

Characteristics:

 Top-down approach

 Use of tools and techniques

 Abstraction of models
  User’s role

 Iterative development

 Use of advanced technology

Objectives:

 To describe what the customer requires.

 To establish a basis for the creation of a software design

 To define a set of requirement that can be validated once the software is

built, special notation and graphical symbols are used to describe and
partition the functionality of system.

FEASIBILITY
ANALYSIS
DESIGN
IMPLEMENT
TEST
MAINTAIN

Structured or Detailed Design: In the detailed design stage, computer

oriented work begins in earnest. At this stage, the design of the system becomes
more structured. Structure design is a blue print of a computer system solution to a
given problem having the same components and inter-relationships among the
same components as the original problem. Input, output, databases, forms,
codification schemes and processing specifications are drawn up in detail. In the
design stage, the programming language and the hardware and software platform
in which the new system will run are also decided.
• Systems Analysis
– Analysis of existing hardware/software
 – User requirements analysis
– Logical systems design:
• Conceptual data model (Entity-Relationship Diagram)
• Conceptual process model (Data Flow Diagram)
• Functional application description
• Systems Design
– Relational database model and data dictionary (sometimes included in
Systems Analysis phase)
– Detailed description of application inputs and outputs
– Detailed conceptual design of forms, reports, application programs
and other application components

OBJECT MODELING TECHNIQUE (OMT) is a well-known example of a

software engineering methodology .it deals with object- oriented development
in the analysis & design phases.
The analysis phase starts with a problem statement which includes a list of
goals & a definitive enumeration of key concepts within a domain.
• This problem statement is then expanded into three views or models.

• - object model

• - dynamic model

• -functional model

• The system design phase follows the analysis phase. Here the overall
architecture is established.

FINANCIAL INFORMATION SYSTEM

 Finance function is responsible for overall financial planning and
raising of capital. Financial IS has a significant impact on other IS
 when one considers that the ultimate common denominator of many
operating decisions in finance.

INPUT SUBSYSTEM: OUTPUT SUBSYSTEM:

Transactional data forecasting
Forecasting data funds management
Financial intelligence audit and control
Financial strategic data

INPUT SUBSYTEM OUTPUT SUBSYSTEM

 TRANSACTIONAL
DATA
FORECASTING
FORECASTING DATA

DATA FUNDS
ANALYSIS DATA USERS
BASE MANAGEMENT

FINANCIAL STRATEGIC AUDIT AND CONTROL

DATA

Business Intelligence

Business intelligence (BI) mainly refers to computer-based techniques used in

identifying, extracting and analyzing business data, such as sales revenue by
products and/or departments, or by associated costs and incomes. BI technologies
provide historical, current and predictive views of business operations. Common
functions of business intelligence technologies are reporting, online analytical
processing, analytics, data mining, process mining, complex event processing,
business performance management, benchmarking, text mining and predictive
analytics.

The 5 key stages of BI:

1. Data sourcing

2. data analysis

3. data situation awareness

4. risk assessment
5. decision support