Discuss the advantages and disadvantages of the three methods of converting to a new system: cold turkey (big bang) cutover, phased cutover, and parallel operation cutover
Cold turkey (big bang)–This is the fastest, quickest and least expensive cutover method. It is also the most risky. If the system does not function properly, there is no backup system to rely on.
Phased cutover–The phased cutover avoids the risk of total system failure because the conversion occurs one module at a time. The disadvantage of this method is the potential incompatibilities between new modules that have been implemented and old modules that have not yet been phased out.
Parallel operation cutover–This is the most time consuming and costly of the three methods, but it also provides the greatest security. The old system is not terminated until the new system is tested for accuracy.
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Which of the following is a criticism of the World Trade Organization (WTO)?
A. Its economic policies provide poor countries with financial aid without making it contingent that they follow policies to promote economic stability and growth. B. Its trade agreements seem to trump local decision making in countries and thereby undermine self-determination and democracy. C. Being a democratic institution comprised of elected bureaucrats, it is answerable to public constituency that leads to interference in its decision making. D. It undermines national sovereignty and demands less political regulation among industrialized countries.
Which of the following is NOT true of CAPP?
a. It refers to computer-aided process planning (CAPP). b. It uses computer technology to assist in planning manufacturing processes. c. It provides a link between product design and manufacturing. d. It enables the manufacturer to identify the right target market.
Strategic issues particular to the enterprise(s) and context described
What will be an ideal response?
Babex Inc. and OMG Company entered into an exchange of real property. Here is the information for the properties to be exchanged. BabexOMGFMV$1,000,000 $825,000 Adjusted tax basis 768,000 514,500 Mortgage 175,000 -0- Pursuant to the exchange, OMG assumed the mortgage on the Babex property. Compute OMG's gain recognized on the exchange and its tax basis in the property received from Babex.
A. No gain recognized; $514,500 basis in Babex property. B. $175,000 gain recognized; $514,500 basis in Babex property. C. No gain recognized; $689,500 basis in Babex property. D. None of the choices are correct.