Question

Tom and Jerry are systems analysts who have been assigned to a new systems development project. They are meeting to plan the requirements analysis phase of the project. Tom believes that problem analysis is the best strategy for the project, while Jerry supports using duration analysis. Under what circumstances is duration analysis the most preferred analysis strategy? Explain.

Answer 1

Answer)

Both are equally important and they do compliment each other as duration analysis measures any change.

Duration analysis helps to measure any of the changes that would lead to changes in the valuation of the assets. It is sensitive to the change of the rates which is important for the project's implementation.

Problem analysis is also important because it helps to analyze the performance, any deviation to the performance, and identify as well as describe the problems with the distinct features.

Both the above would help in the decision-making process where the objectives can be established.

Both of these can be used in the project.

Duration analysis is mostly used for valuation of assets and any changes to be made which is sensitive.

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