Contracts, Defective Software and Business Planning - Professional Issues in Computing I Flashcards
What is a contract?
A contract is a voluntary arrangement between two or more parties that is enforceable by law.
Describe the types of commercial IS contracts.
- Fixed price: fixed amount is agreed for the complete work. Supplier takes most of the risk.
- Time and materials: payment is based on number of hours/days worked and expenses incurred. Risks are shared between client and supplier.
- Usage based: payment is based on number of users/resources. Consumer takes most of the risk. SaaS/PaaS/IaaS
What is included in a software development contract?
- Preamble
- Statement of work
- Deliverables
- Governance
- Terms
- Acceptance & warranty
- Change control mechanism
- Payment
What is an IT consultancy contract?
- Contract hire involves supplying staff to a client to work on a project managed by the client.
- Consultancy involves assignment of a specialist to complete a specific engagement.
- Payment is usually time and materials.
What is an IT outsourcing contract?
- Covers provision of IT services to a client by a third party.
- Contracts typically complex and detailed.
- May involve transfer of staff and assets from client to supplier.
Needs to specify exit conditions
What is a packaged software contract?
It involves buying a license to use it, not to own it.
Typically described in EULA.
# users, servers, site
What is defective software?
Defective software is software that is unusable or has bugs or has known/accepted limitations.
List the types of software defects.
- deficient functionality
- deficient performance
- compatibility
- easy of usage
- hidden bugs
Mention use cases of the impact of software defects
- Therac 25
- Windows 2000
- Millennium bug
- North Staffs radiation dosages
Is software a product or a service in the UK/EU law?
It’s categorized as a product.
Describe Consumer Rights Act 2015.
- Gives consumers new legal rights entitling them to a repair or replacement when digital products are faulty.
- First time that cx have had clear legal rights for digital content.
What describes business planning?
It’s a formal description of what a company intends to do and how it intends to do it
- Business concept and idea
- Markets and competitive landscape
- Management team and resources
- Financial plans
What a business plan is used for?
- Management and planning
- raising funds from investors
- Bench marking progress
What is a limited company?
shareholder risk is limited to invested capital
What is private limited company
- companies whose shares are not available for public trading
- must provide company details to companies house
- cheap to set up