Reference no: EM133397674
Develop a proposal for each of these approaches: insourcing, outsourcing, and a combination of the two.
Present the pros and cons or benefit analysis for each of the 3 proposals.
Recommend 1 of these proposals and your reason for selection of that proposal.
A high-level overview of the aspects of the bank management system, such as user identification and authorization, transaction management, customer management, loan management, and reporting, is provided in the project overview. Bank owners, employees, and bank customers are the system's intended users and stakeholders. Both functional needs, which specify the system's actual capabilities and functions, and nonfunctional requirements, which address system limits like security, performance, and usability, are included in the requirement definition section.