Identify four types of rapid-cycle systems development. Why is rapid-cycle development a trend in current software development?
What will be an ideal response?
Rapid-cycle development methods include rapid application development (RAD), joint application design (JAD), prototyping, and component-based development. Organizations are interested in rapid-cycle development because it has become important to be flexible and able to react quickly to changes in scale and user needs. It may also reduce time and costs of development.
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When appraising real property, the appraiser attempts to estimate value. The value arrived at by the appraiser is:
A: Based upon the replacement cost; B: Based upon an analysis of facts as of a given and specified date; C: Derived from income data covering at least the preceding six months; D: Projected from original cost less depreciation and adjusted for inflation.
Which of the following statements is FALSE?
A) Forward rates tend not to be good predictors of future spot rates. B) Given the risk associated with interest rate changes, corporate managers require tools to help manage this risk. C) One of the most important tools to manage the risk of interest rate changes are interest rate forward contracts. D) A spot rate is an interest rate that we can guarantee today for a loan or investment that will occur in the future.