Essay Development Process & Risk Analysis

Will eLoanDocs’ customers—with their focus on data security—accept a cloud-based solution? If so, to what degree? And how many customers would accept some form of cloud-based solution?

After considering my above feelings and thoughts I realised that by being aware of the time I spent on the risk assessment, I was able to keep it as necessary and as concise as I had hoped for. Previously I have ran out of time completing the full assessment, meaning that the ending of the assessment is typically missed off. According to Westbrook et al (2007) five or ten minutes is required at the end of treatment to conclude and set up a homework task. Although at the time I was feeling anxious and nervous; attempting to keep track of the time allowed me to achieve the assessment in the time I had allocated myself.

Scope Creep: Due to the short time gap between releases, the customer may be tempted to demand new functionality every time, resulting in scope creep.

Risk management is the term applied to a logical and systematic method of establishing the context, identifying, analyzing, evaluating, treating, monitoring and communicating risks associated with any activity, function or process in a way that will enable organizations to minimize losses and maximize opportunities. (Lecture notes)Risk Management is also described as 'all the things you need to do to make the future sufficiently certain'. (The NZ Society for Risk Management, 2001)

Once an application on PC is produced and executed, it gets to be hard to make even minor change.

The waterfall technique has stages that it experiences. In the content, it says that, "no one developed the waterfall strategy" (Bowes, J.). It was acquired by big business programming engineers. There is a few advantages and disadvantages of the waterfall strategy. A few geniuses are "The advancement procedure has a tendency to be better recorded since this strategy places more prominent accentuation on documentation like necessities and outline docs. Numerous associations locate this consoling" (Bowes, J.). The waterfall procedure is one of the simpler ones to get it. A con of the waterfall strategy is "Frequently the general population we're building programming for (the customer) don't know precisely what they require in advance and don't have the foggiest idea about what's conceivable with the innovation accessible. Along these lines of working doesn't deal with this well" (Bowes, J.). This procedure doesn't have its own particular

Waterfall development has distinct goals for each phase of development. This case because, due to difficulty of returning to an earlier phase. The model shown here is one of several more or less equivalent alternatives.

The Waterfall method was originally developed in 1970 by Dr. W Royce to assist with the development of software. It has survived to this day through adaption and revisions enabling it to be one of the most widely used models (Charvat 2003). Its namesake originates from the analogy of a waterfall flowing downwards with the model following suit, cascading towards completion (Balaji and Murugaiyan 2012) this is known as a serial lifecycle. Each phase (starting in the top left corner) within the serial lifecycle is completed before moving on to the next phase until the end goal is reached (see Figure 1). This kind of method suits projects that have clearly defined stage goals, outcomes or solutions that are highlighted in the initial strategy of

There are many ways to develop software. A very popular and preferred method of software development today is the Agile development methodology. One of the original development methods is the Waterfall method. When comparing the two software development methods, Agile fluid process are preferred to the rigid traditional Waterfall development methodology’s created back when computers were very large physical behemoths, taking up entire rooms.

The waterfall model consists of five phases such as requirements, Design, implementation, verification and maintenance. The method is a sequential design process where progress is seen as flowing downwards in a steadily manner, each development phase has its own distinct goals. The model is similar to water flowing down a cliff it can only flow in one way and cannot go back up it is the same with waterfall development ,after a development phase is completed it proceeds to the next development phase you cannot go back.

This article outlines the key selection criteria for qualifying and appointing the right team, to help with the prioritization of information crucial to the success of your project.

While the waterfall model has its flaws, it is important that an organization follows a model. With strict deadlines, tight budgets, and changing targets, a uniform process is required to meet the business needs. Ad hoc process cannot account for all the business constraints and timelines. The waterfall model provides a framework and clear track for software development. It is important to share best practices and evolve aspects of the waterfall method to meet today’s industry standards. Success can result from combining experience and knowledge, and best practices from the past and present and planning and adapting these for future expectations.

Waterfall and agile methods of development are not the only two methodologies available, but they generally are among the common methods used to deliver projects. Each has its individual merits, but sometimes one method is more appropriate for a particular project than the other. The waterfall and the agile are both usable methodologies and each have its own strengths and weaknesses. Waterfall is attempting to predict the future and whereas Agile is all about responding quickly to the present.

Waterfall Process – this is where developers execute their steps or phases in a defined order. In this order, they affirm requirements, analyze those requirements, design a solution tactic, create a software framework that applies to the solution, develop code, test that code, deploy, and support their solution (TutorialsPoints, 2016).

Waterfall model is based on sequential process that is used in software development process. It takes place in steps. It is called as waterfall because it moves step by step in downward direction. As seen in manufacturing and construction site, each process is well structured and carried out step by step, in software development Waterfall model carries out all phases in sequential manner. All the phases like Conception, Initiation, Analysis, Design, Construction, Testing, Implementation and Maintenance are carried out in a sequential manner, step wise. It is stated that the first formal description of Waterfall model was made in 1970 in the article written by Winston W. Royce. Though the first use of waterfall model was made in 1976 in the article written by Bell and Thayer.