IRM Corporation Had an Outdated, Ineffective System for Monitoring Its

question 21

Essay

IRM Corporation had an outdated, ineffective system for monitoring its fixed assets.You have been asked by the CEO to develop a new system; you have decided to use the systems development life cycle to accomplish the task.For each fixed asset, the system should include the following items: identification code, name, date placed in service, cost, estimated life, estimated salvage value, depreciation method, and condition.For each step in the SDLC, indicate one question you would ask/action you would take to develop the new system.Ensure that your responses are specific to the fixed asset system.
a.Initiation/planning: _______________________________________________
b.Requirements analysis: ____________________________________________
c.Design: _________________________________________________________
d.Build: ___________________________________________________________
e.Test: ___________________________________________________________
f.Implementation: __________________________________________________
g.Operations/maintenance: __________________________________________

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Definitions:

Conflict Resolution

A process of resolving disagreements between parties by addressing their differences and coming to an agreeable solution.

Recognition

The acknowledgment or appreciation of an individual's achievements, efforts, or qualities, often used as a form of motivation.

Developed

Refers to countries or regions that have a high level of industrialization, a strong economy, and generally high living standards.

Felt Conflict

The personal perception or experience of being in conflict, which can differ from the actual existence of a conflict situation.