IT425-1403A-01 Phase 4 ? Development Strategies & AcquisitionProject descriptionTask Type: Individual Project Deliverable Length: 2?3 new pages; 8?12 pages totalPoints Possible: 150 Due Date:Weekly tasks or assignments (Individual or Group Projects) will be due by Monday, and late submissions will be assigned a late penalty in accordancewith the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time.Key Assignment DraftNow that you have accomplished tasks that are included in the first 3 phases of software development life cycle (SDLC) and are planning the nextphases, it is time to consider how you will approach the development or acquisition of the application or system that you have designed.AssignmentFor this assignment, you will develop 3 proposals for your development strategy, which include outsourcing (buy), insourcing (make), or a combinationof both. You will present the pros and cons of each, along with a financial analysis. Finally, you will make a recommendation on which is the bestproposal or strategy.The project deliverables are as follows:Update the System Requirements, Design, and Implementation Specification title page with the new date.Update the previously completed sections based on the instructor?s feedback.Development StrategyDevelop a proposal for each of these approaches: insourcing, outsourcing, and a combination of the two.Present the pros and cons or benefit analysis for each of the 3 proposals.Perform a financial analysis of the total costs for each proposal that includes ongoing support and maintenance.Recommend 1 of these proposals and your reason for selection of that proposal.Remember that this document should contain all of the sections from Weeks 1?4.Name the document ?yourname_IT425_IP4.doc.?!
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