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The Verity Requirements - Essay Example

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Summary
The paper "The Verity Requirements" discusses that the management of the institution should consider the opportunity cost that would arise in investing in this institution. Opportunity cost is the benefit that one accrues as a result of investing in an alternative investment…
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The Verity Requirements
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Extract of sample "The Verity Requirements"

The management of the Brisbane Institute of Art (BIA) should assess positive and negative risks where an assumption proves invalid. There are various verity requirements that the management should concentrate on to acquire fruitful results (Carkenord 24).
Purpose
Brisbane Institute should ensure that the requirement specifications and models achieve the standard of quality that is necessary. This will ensure that people will employ them efficiently when working.
Description
Verification of requirements will ensure that people define them correctly. This will imply that they will be of acceptable quality. The institute should ensure that the management effectively revises the various requirements that are defective. The management should assign a business analyst the role of ensuring that the requirements are ready for review by customers. They should also ensure that they contain all information that workers require for further work (Carkenord 36). The institute should verify both the input and output required for efficient results to attain efficient results.
Validate requirements
The main purpose of validating requirements is to ensure that the various requirements support the delivery of value to an entity, fulfill its goals, and meet the needs of stakeholders. Brisbane Institute of Art (BIA) should validate requirements to ensure that stakeholders, solutions, and transition requirements are in line with the requirements of the business.
Identify assumptions
The management should come up with assumptions concerning customers' and stakeholders' responses to the services they offer. This will enable them to acquire vital information concerning the introduction of the unprecedented product or service (Carkenord 42).
Defining a Measurable Evaluation Criteria
The institute should define a measurable evaluation criterion. The evaluation criteria should show whether the resulting change is successful. This criterion will indicate performance and thus ensure that one chooses an appropriate criterion.
Determination of Business Value
This refers to the value that a solution delivers and which meets the scope of the solution. In case a solution does not give either direct or indirect value to stakeholders, then they should eliminate it. Read More
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“Analysis Essay Example | Topics and Well Written Essays - 500 Words - 11”, n.d. https://studentshare.org/information-technology/1596619-analysis.
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