Computer Science 1032A/B Lecture Notes - Lecture 13: Systems Development Life Cycle, Group Dynamics, Intellectual Capital

• School: Western University
• Department: Computer Science
• Course: Computer Science 1032A/B
• Professor: Louis Magguilli

Document Summary

Four methods for acquiring software applications: buy it and use it. Make sure that it satisfies the original need: buy it and customize it. Involves a cost over and above the purchase for customization. Make sure this is more feasible than having it built: rent it or lease it. Even though you would lose less money, you would still lose the same amount of time and resources: build it (or have it built) There are many pieces to be considered when thinking about choosing this option. Because there is a lot more to think about in systems, acquiring new software is not the same as acquiring new information system. It projects are very risky because they can cost a lot of money, time and resources and there is never any guarantee of success. Requires more than programming skills or technical expertise. Determine if the proposed system is feasible from three standpoints.