Which of the following is an advantage of JAD? Bypasses the IS department and avoids delays...

Which of the following is an advantage of JAD?

		Bypasses the IS department and avoids delays
		Enforces quality by maintaining standards
		Involves many users in the development process
		Works wells for ill-defined problems

___ measures management's effectiveness in generating profits with its available assets by dividing the net income generated by a project by the average assets invested in the project.

		Breakeven analysis
		The business case approach
		NPV
		ROI

Expert Solution

Which of the following is an advantage of JAD?

Answer is C - Enforces quality by maintaining standard

Joint Application Development is a process where Business analyst plays very important role and gathering the requirements from client for the development or enhancement of the system. JAD enables customers and developers to quickly come to an agreement where system designers have to produce high quality product on basis of business requirements.

The participants involved in a JAD session are executive sponsor, facilitator, key users, and subject matter expert.

___ measures management's effectiveness in generating profits with its available assets by dividing the net income generated by a project by the average assets invested in the project.

Answer is D - ROI

Return on Investment (ROI) is one of the financial metrics to calculate the gain from an investment.

Formula for ROI = (Final value of investment – initial value of investment)/cost of investment * 100%

Break Even Analysis calculates that how much products you should sell to cover costs.

Business case approach used for developing business cases for investment.

Net Present Value (NPV) used to calculate value of all future cash flows generated by a project.

venereology answered 2 years ago

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