Using MIS (10th Edition)
Using MIS (10th Edition)
10th Edition
ISBN: 9780134606996
Author: David M. Kroenke, Randall J. Boyle
Publisher: PEARSON
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Chapter 12.4, Problem 4EGDQ

Explanation of Solution

The step that a project manager can do to prevent buy-ins while requesting a proposal on cost and materials systems development project:

  • Buying in on a cost and materials contract is generally not recommended as there is huge chance for change in market value of the company due to any unfortunate circumstances.
  • Buying in on a cost and materials contract could be illegal, if it is the projects fail or the costs increase dramatically...

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Students have asked these similar questions
Defend the value of a Work Breakdown Diagram. Can you insist on using your preferred SDLC while helming a classic software project?
For a project with well-defined requirements and little risk, do you think waterfall or agile is more appropriate? Why? You should provide at least two sources to back up your claim.
If you had to choose between waterfall and agile for a project with well-defined requirements and little failure risk, which would you choose and why? Why? You should provide at least two sources to back up your claim.
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