Podcast
Questions and Answers
What is a reason for developing software in-house?
What is a reason for developing software in-house?
Which of the following is an advantage of purchasing a software package?
Which of the following is an advantage of purchasing a software package?
What is NOT a reason for a company to choose in-house software development?
What is NOT a reason for a company to choose in-house software development?
Which option is typically offered by software vendors that is a benefit of purchasing software packages?
Which option is typically offered by software vendors that is a benefit of purchasing software packages?
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What is a disadvantage of in-house software development?
What is a disadvantage of in-house software development?
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Which of the following factors is NOT a traditional development consideration?
Which of the following factors is NOT a traditional development consideration?
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Which of the following is a characteristic of commercial software packages?
Which of the following is a characteristic of commercial software packages?
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Which development path is NOT commonly associated with traditional systems development?
Which development path is NOT commonly associated with traditional systems development?
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How does in-house development impact existing systems?
How does in-house development impact existing systems?
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Which of the following effectively describes a reason businesses might prefer in-house development over purchasing software?
Which of the following effectively describes a reason businesses might prefer in-house development over purchasing software?
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Which of the following is a unique concern associated with offshoring?
Which of the following is a unique concern associated with offshoring?
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Which description best encapsulates Software as a Service (SaaS)?
Which description best encapsulates Software as a Service (SaaS)?
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What role does data management play in development strategy selection?
What role does data management play in development strategy selection?
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What is one of the main advantages of purchasing off-the-shelf software?
What is one of the main advantages of purchasing off-the-shelf software?
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In which of the following scenarios is engaging external consultants most appropriate?
In which of the following scenarios is engaging external consultants most appropriate?
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Why is it important for systems analysts to assist in selecting a development strategy?
Why is it important for systems analysts to assist in selecting a development strategy?
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Which of the following is NOT a typical reason for in-house software development?
Which of the following is NOT a typical reason for in-house software development?
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What is one significant advantage of in-house IT resources?
What is one significant advantage of in-house IT resources?
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What does business process outsourcing (BPO) involve?
What does business process outsourcing (BPO) involve?
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Which statement best describes global outsourcing trends in recent years?
Which statement best describes global outsourcing trends in recent years?
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What type of outsourcing involves specific knowledge-based tasks?
What type of outsourcing involves specific knowledge-based tasks?
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Which of the following reflects a change in work patterns highlighted by the shift to work from home?
Which of the following reflects a change in work patterns highlighted by the shift to work from home?
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What is a common characteristic of software as a service (SaaS)?
What is a common characteristic of software as a service (SaaS)?
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Which of the following is an example of outsourcing nonessential activities?
Which of the following is an example of outsourcing nonessential activities?
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What is the primary goal of system analysts during the evaluation and selection process?
What is the primary goal of system analysts during the evaluation and selection process?
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Which financial analysis tool focuses on how long it takes for a system to pay for itself?
Which financial analysis tool focuses on how long it takes for a system to pay for itself?
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What does the return on investment (ROI) measure?
What does the return on investment (ROI) measure?
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What is an essential step in the cost-benefit checklist for determining project feasibility?
What is an essential step in the cost-benefit checklist for determining project feasibility?
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Which of the following is NOT a commonly used financial analysis tool?
Which of the following is NOT a commonly used financial analysis tool?
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What should be included when considering future growth in a project feasibility study?
What should be included when considering future growth in a project feasibility study?
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What do financial tools in project planning primarily assist with?
What do financial tools in project planning primarily assist with?
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Which factor should be analyzed regarding hardware and software in a project?
Which factor should be analyzed regarding hardware and software in a project?
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What is the primary motivation for offshoring?
What is the primary motivation for offshoring?
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Which of the following is NOT a risk associated with offshoring?
Which of the following is NOT a risk associated with offshoring?
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What is a significant advantage of the Software as a Service (SaaS) model?
What is a significant advantage of the Software as a Service (SaaS) model?
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Which of the following shortcomings of SaaS is related to internet connectivity?
Which of the following shortcomings of SaaS is related to internet connectivity?
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Which of the following best describes reshoring?
Which of the following best describes reshoring?
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What is a key feature of Microsoft 365 as a SaaS offering?
What is a key feature of Microsoft 365 as a SaaS offering?
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Which of the following describes a challenge faced by SaaS users?
Which of the following describes a challenge faced by SaaS users?
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What does DPM stand for in relation to SaaS?
What does DPM stand for in relation to SaaS?
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Study Notes
Traditional vs. Web-based Development
- Traditional development prioritizes compatibility with existing systems and sees web-based features as supplementary enhancements.
- Traditional development uses three paths: in-house development, purchasing off-the-shelf software with modifications, or engaging external consultants.
- Web-based systems focus on internet access and utilize web-based development platforms.
- Web-based development uses cloud-based services like AWS, Azure, and GCP, providing flexible and scalable solutions.
In-House Development Options
- Reasons to develop software in-house include satisfying unique business requirements, minimizing changes to business procedures, meeting constraints of existing systems, and developing internal resources and capabilities.
In-house Development Options
- Reasons to purchase a software package: lower costs, shorter implementation time, proven reliability, minimal technical staff, and future upgrades provided by the vendor.
Outsourcing
- Outsourcing is delegating development, operation, or maintenance to external firms.
- Software-as-a-Service (SaaS) involves renting software from a service provider.
- Business Process Outsourcing (BPO) involves handing over entire business processes to an outside firm such as customer service operations.
Offshoring
- Offshoring is relocating IT development, support, and operational tasks to countries other than where the business is based.
- The primary motivation for offshoring is cost-effectiveness.
- Risks and concerns of offshoring include impact on the economy, project control, security issues, disparate cultures, and communication challenges.
Software as a Service (SaaS)
- SaaS aligns with Digital Process Management (DPM), which automates and optimizes business processes through digital technology.
- Benefits of SaaS include eliminating complex software installations, increased flexibility and accessibility, and cost-effectiveness.
- Shortcomings of SaaS include less control over security and privacy, dependence on stable internet access, customization and integration challenges.
Selecting a Development Strategy
- Choosing the best development strategy is crucial and depends on a company's immediate and future needs.
- System analysts work on the evaluation and selection team to eliminate unsuitable alternatives, rank suitable ones, and present viable options to management.
Selecting a Development Strategy
- Financial analysis tools like Payback Analysis, Return on Investment (ROI), and Net Present Value (NPV) help evaluate a project's value.
Selecting a Development Strategy
- To determine a project's feasibility, use a cost-benefit checklist: list development strategies, identify costs and benefits, consider future growth, include hardware and software support costs, analyze licensing options, apply financial tools, and prepare a report for management.
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Description
Explore the key differences between traditional and web-based development methods. This quiz covers in-house development options, the advantages of web-based systems, and the considerations for purchasing software versus building it internally.
