You Are Part of the Team to Implement New Software

question 63

Multiple Choice

You are part of the team to implement new software at XYZ Inc. The employees at XYZ Inc. trust the results of the old software programs, but are cautious about accepting the outcomes of the proposed new software programs. What software implementation strategy would you recommend in this situation?

• A)Direct cutover
• B)Phase-in approach
• C) Pilot startup
• D) Parallel start up

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Definitions:

Risk-averse

Describes individuals or entities that prefer to avoid risks and would opt for a sure thing over a gamble with a potentially higher payoff.

Researcher

An individual engaged in systematic investigation to establish facts or principles or to collect information on a subject.

HMO Outcome

The results or effects of health maintenance organization (HMO) policies on healthcare quality, costs, and patient satisfaction.

Risk-neutral

A description of an investor's or decision maker's attitude towards risk in which they are indifferent between different prospects with the same expected return, regardless of the associated risk.