How well do the five high-level goals in the UITS strategic plan support the IT organization’s stated mission? How well do the goals address the needs of the various constituencies within the university? 2. UITS’s commitment to collaboration did not end when the UITS strategic plan was finalized. Michael Mundrane considers the plan to be a dynamic document and has pledged to actively solicit feedback from the university community every two years to reassess the plan and its relevance to the changing needs of the university. Do you think such a strong commitment to collaborative strategic planning is more or less important at a public institution, such as the University of Connecticut, versus a private company? Is it more or less difficult to implement? 3. Do you agree with Michael Mundrane’s statement that a strategic plan should be treated as a marketing document?

Suppose that a major city’s main thoroughfare, which is also an interstate highway, will be completely closed to traffic for two years, from january 2014 to december 2015, for reconstruction at a cost of $535 million. if the construction company were to keep the highway open for traffic during construction, the highway reconstruction project would take much longer and be more expensive. suppose that construction would take four years if the highway were kept open, at a total cost of $800 million. the state department of transportation had to make its decision in 2014, one year before the start of construction (so that the first payment was one year away). so the department of transportation had the following choices: (i) close the highway during construction, at an annual cost of $267.5 million per year for two years. (ii) keep the highway open during construction, at an annual cost of $200 million per year for four years. now suppose the interest rate is 80%. calculate the present value of the costs incurred under each plan.