Ismg Essay Example | Topics and Well Written Essays - 1000 words - 3

Ismg - Essay Example For the company to be on the economical side; considering the fact that the company does not have a very strong financial background presently, it is suggested that ignoring the SAP was not too wrong a choice. With the rewriting also, the company did not falter so much in not choosing that option. This argument is made against the background that the company does not have the needed personnel to manage that system. Opting for outsourcing was therefore right at the time of the selection. With outsourcing, the company was sure of employing the services of experienced people whose reputation could be trusted based on their previous contracts. Trade off basically refers to the benefits that will exchanged for undertaking the requirements analysis. Considering the fact that the account payable project is a very huge project that comes with a lot of financial obligation, undertaking requirements analysis was going to be very beneficial in ensuring that the discharging company did not have to make wrong estimate with the needed requirements for the project so that it would get short of budget along the way. As noted in the case study, the winning bidder was going to bear every cost that would come apart from the agreed fee because the contract is a fixed amount contract. The trade off was therefore going to be that the winning bidder would not run at a lost for making wrong estimation and having to seek extra funding to cater for the excesses. On the surface, it may seem that the software development methodology adopted by the company was the waterfall module. However, the Hrad team themselves note that there was much more rapid over-lapping model than the traditional waterfall system. The over-lapping nature of the module is from the fact that there was an existing system that the project implementers had to rewrite a copy of. To this effect, it can be argued on a technical basis that the methodology was a prototyping. Prototyping has other