Essay

life cycle systems development

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The risk of developing a new technology has to be taken into consideration. The company has to contemplate whether or not people in the company have any expertise in the technology that is being considered. An economic feasibility analysis is figuring out whether or not a company will profit from a system...
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People in the company have to figure the cost of the investment and determine if the system is worth investing in or not. An operational feasibility analysis considers how people will be affected by a change of the system. Each person’s role has to be looked at because everyone could react to a certain situation differently...
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