Problem 1: In general, think of ways that information systems add value to companies like the Bead Bar, the company that is introduced on page 2 of your text. How can information systems affect a company's bottom line (such as financial performance)? What are other non-financial values that information systems can add to a business? Explain your answer. Keep in mind that many IS projects do not receive management approval unless there is a business benefit to be derived from them.
Problem 2: Why is the waterfall model valuable in the management of information technology projects? Explain your answer.
CheckPoint: Systems Development Life Cycle
List and describe each of the seven phases of the systems development life cycle. Make sure that your descriptions make connections between the different phases-how one leads to another, the importance of each, etc. Post a 200-300 word response.