Approaches of system development


Discuss the below:

There are at least two approaches to system development, a variety of life cycles, and a long list of techniques and models that are used in some approaches but not in others. Consider why this is so. Discuss these possible reasons, indicating which are the most important: The field is so young; the technology changes so fast; different organizations have such different needs; there are so many different types of systems; and people with widely different backgrounds are developing systems.

MARR= 15%










plan A


plan B



Years Investment Deosit returns Annual lease cost  $ per year Investment Deosit returns Annual lease cost  $ per year
1 $15000
$3500
$18000
$3100


2

$3500


$3100


3

$3500


$3100


4

$3500


$3100


5

$3500


$3100


6 $15000 $1000 $3500


$3100


7

$3500


$3100


8

$3500


$3100


9

$3500
$18000 $2000 $3100


10

$3500


$3100


11

$3500


$3100


12 $15000 $1000 $3500


$3100


13

$3500


$3100


14

$3500


$3100


15

$3500


$3100


16

$3500


$3100


17

$3500


$3100


18
$1000 $3500

$2000 $3100















PWA comparison  for 6 years





PwA=  -15,000 - 3,500(P/A,10%,6) + 1,000(P/F,10%,6) = $ -29678.8














PwB=  -18,000 - 3,100(P/A,10%,6) + 2,000(P/F,10%,6) = $ -30372.32














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