Bob Is Selecting a Systems Analysis and Design Methodology

question 65

Multiple Choice

Bob is selecting a systems analysis and design methodology.What might be the first step?

• A)Selecting the shortest methodology
• B)Researching the organizations standards and policies for 'approved' methodologies
• C)Interviewing senior management as to their suggestions on methodologies
• D)Do a quick 'cost/benefit' analysis on which methodology will provide the most benefits at the lowest cost
• E)Do an analysis on which methodology might lessen or eliminate scope creep

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Definitions:

Alternative Good

A product that consumers can use in place of another; often considered when examining choices or preferences in consumption.

Scarcity

The primary economic challenge is the existence of boundless human demands and necessities within a finite supply of resources.

Technology Advances

Progressive developments and improvements in technology that enhance productivity, efficiency, and the quality of goods and services.

Production Possibilities Curve

A graph that shows the maximum quantity of one good that can be produced for each possible quantity of another good produced, illustrating the trade-offs and opportunity costs of production choices.