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What Is It Called When Software Is Developed on the Premise

question 13

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What is it called when software is developed on the premise that specifications, data, and environments will change?


Definitions:

Competitive Matrix

A tool used to analyze and display the strengths and weaknesses of a company in relation to its competitors.

Pro Forma Income Statement

A financial statement that projects future income, expenses, and net profit based on hypothetical scenarios.

Profit And Loss

A financial statement that summarizes the revenues, costs, and expenses incurred during a specific period, usually a fiscal quarter or year.

Financial Slide

A situation marked by a significant decrease in the financial performance or value of assets.

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