A Project Team That Opts for Custom-Developed Programs During the Component

question 75

True/False

A project team that opts for custom-developed programs during the component design phase of the systems development life cycle (SDLC) must determine candidate products and evaluate them against the requirements.

---

Definitions:

Modified Rebuy

Involves a purchasing situation where a buyer is reordering an existing product or service with some modifications to specifications, pricing, or other attributes.

RFP

Request for Proposal; a document issued by an organization to solicit proposals from potential suppliers or service providers.

New Specifications

Updated or newly established requirements or criteria for the design, performance, or construction of a product or system.

Straight Rebuys

A purchasing situation in which a buyer reorders an existing product or service from the list of acceptable suppliers without seeking new information or investigating other suppliers.