Why do the benefits and costs curves converge over time

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???????INFORMATION SYSTEMS

Know the primary purpose, goal and deliverable of each of the 5 activities (or phases) of the generic SDLC.

Be able to identify the SDLC phase based on a given activity (e.g., interview users about requirements=Analysis, talking with vendors=Design), role (eg., CEO is involved=Planning, programmers are involved=Implementation) or deliverable (e.g., functional requirements statement=Analysis, system specification=Design,)

In looking at the I.S. Lifecyle slide (slide 6) why do the Benefits and Costs curves converge over time?

Know which SDLC activities belong in the Development or Production phases of that IS Lifecyle.

In building systems, most companies use either the Waterfall or Agile model (or some version of those). Know the differences and why you - as a project manager - might choose one over the other.

Know what "gap analysis" means.

What is the difference between "on-premises" computing and "cloud" computing? Just a high-level difference for this test.

Reference no: EM133243132

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