Defines Five Levels of Software Development Maturity and Identifies the Issues

question 71

Short Answer

defines five levels of software development maturity and identifies the issues that are most critical to software quality and process improvement.

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Definitions:

Least Possible Cost

The minimum expenditure necessary to achieve a specific outcome or produce a given quantity of a good.

Input Markets

Marketplaces where firms buy resources, goods, and services necessary for producing their own products or services.

Output Markets

Markets where goods and services produced by businesses are sold to households, government entities, and other businesses.

General Equilibrium

A state in which all markets in an economy are in simultaneous equilibrium, taking into account the interactions between different markets.