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Information Systems > contracts > Flashcards

contracts Flashcards

1
Q

Who takes the risk in fixed price?

A

supplier

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2
Q

Who takes risk in time and materials?

A

client and supplier

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3
Q

what are the three costing models?

A

fixed price
time and materials
usage

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4
Q

what does statement of work include?

A

what is to be done = NFRs and FRs

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5
Q

What does consultancy contract?

A

supplying staff to a client to work on a project

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6
Q

what does outsourcing do?

A

getting IT stuff to be handled by outside company

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7
Q

what is packaged software

A

a license to use a software

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8
Q

what does EULA stand for?

A

end user license agreement

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9
Q

Name software bug impacts?

A

life
security
economic

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10
Q

what did consumer rights act give in terms of software defects?

A

new legal rights for repair

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11
Q

Who won in St Alban’s City vs ICL and what was outcome?

A

St Albans won. (poll tax case)

ICL paid 1.3M

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12
Q

Name two other examples of faulty software

A 
Therac (nuclear radiation fuck up)
General motors (call stalling)
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13
Q

What is a business plan?

A

formal description of what team intends to do and how.

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14
Q

Define limited company

A

shareholder risk is limited to INVESTED CAPITAL

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15
Q

Ltd company is

A

shares not available to trade

must file to companies house

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16
Q

plc company is

A

trades on stock exchange

17
Q

IPO is?

A

allows private company to sell shares

18
Q

how many phases to IPO?

A

6

19
Q

What can be reserved for a profession?

A

Title (architect)

Function (accontants)

20
Q

where is bulk of money spent for IS?

A

keeping things running

21
Q

what is a contract?

A

voluntary agreement between two parties

22
Q

where is fixed price common?

A

bespoke software development

23
Q

where is time and materials typical?

A

consultancy projects

24
Q

where is usage common?

A

SaaS/ PaaS projects

25
Q

What 7 things does a software contract contain?

A 
preamble
statement of work
deliverables
governance
terms
acceptance
change control
26
Q

What is included in packaged software contract?

A

A license to software.

27
Q

What is not included in packaged software contract?

A

The ownership of the software.

28
Q

What do packages usually limit for software?

A

Users
Where the item is deployed
How the site is used

29
Q

What is defective software?

A

Software that cannot be used

30
Q

What are some possible defects?

A

functionality: doesn’t do what it’s supposed to fucking do
crap performance
shit compatibility
god awful maintenance.

31
Q

What are some of the impacts of defective software?

A

Health: Therac 25
Security: Microsoft 2000 / Windows XP in hospitals. TSB banking.
Economic implications: Millennium bug.

32
Q

What are some of the issues related to software liability?

A

WHO should be liable?

Should software companies be liable for INFORMATION generated by their software?

Does increased liability make innovation hard?

Would liability risks push people away from the software development field?

Do software professionals need to lawyer up?

33
Q

How is software categorised by EU/UK law?

A

A product rather than a service.

34
Q

Which law gives consumers rights to get repair if a software is faulty?

A

Consumer Rights Act

35
Q

What are the salient points for Therac-25?

A

Software controlled radiation control treatment.

Repeated doses of radiation

100 times intended dose

Deaths of several patients.

36
Q

What is the case of cars stopping?

A

General Motors vs Johnston

37
Q

What happened in the General Motors vs Johnston case?

A

GM car
Car stalled in highway
Effort to restart car failed
Failed electronic control module

38
Q

What was the outcome for GM case?

A

GM was liable.

Had to pay $7.5 million dollars

39
Q

What is microsoft’s latest device called for army use?

A

Hololens. $450 million contract. Developing AR headset that can be used in business contexts. Now being developed for the US military. Software augmenting warfare. Danger?

Information Systems (14 decks)

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