What is a requirements analysis? Explain

What will be an ideal response?


A requirements analysis is undertaken once a project has approval to proceed. In this process, stakeholders identify the features a new system will need and then prioritize them as mandatory, preferred, or nonessential. Gathering these requirements entails many meetings, interviews, and reviews of the way existing processes unfold. The person who leads this analysis needs a solid background in business management and information systems, but also outstanding listening and consensus-building skills. The stakeholders will have different views about how processes actually work and how they should be improved, especially when their own jobs are involved. A well-done requirements analysis should also uncover opportunities to optimize business processes and even eliminate some of them.

Business

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Conflict is inevitable and can be a desirable part of project work.

Answer the following statement true (T) or false (F)

Business

Which control will not reduce the likelihood of data loss due to a line error?

a. echo check b. encryption c. vertical parity bit d. horizontal parity bit

Business

The first Target store opened in 1962. Its initial strategy was to set prices low to attract a large number of buyers quickly and win a large market share. This is referred to as ________

A) market-skimming pricing B) market-penetration pricing C) value-added pricing D) target costing E) deceptive pricing

Business

Items such as the person or group assigned to an incident, whether the incident is assigned, awaiting parts, etc., and the date and time the incident was assigned are examples of ____ data. 

A. incident B. customer C. status D. problem

Business