The Primary Purpose of the Requirements Analysis Phase Is to ________

question 39

Multiple Choice

The primary purpose of the requirements analysis phase is to ________.

• A) eliminate obviously nonsensible projects before forming a project development team
• B) identify the requisite skills needed in the IT personnel assigned to the project
• C) determine and document the specific features and functions of the new system
• D) investigate how much similar projects have cost in the past

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Definitions:

Risk-Adjusted Performance

A measure of how much risk is taken to achieve a certain level of return, comparing the performance of investments across different risk levels.

Mutual Funds

Investment vehicles that pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities.

Treynor Measure

A performance metric for determining how much excess return was generated for each unit of risk taken by a portfolio.

Beta

A measure of a stock's volatility in relation to the overall market; indicates the stock's risk compared to that of the average market portfolio.