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1. Describe the major phases in the systems development life cycle (i.e. principal steps, major deliverables, etc.) 2. Give three examples of business needs for

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1. Describe the major phases in the systems development life cycle (i.e. principal steps, major deliverables, etc.) 2. Give three examples of business needs for a system. 3. What is stakeholder analysis? Discuss three stakeholders that would be relevant for most projects. 4. "Project Moneybags," a project proposed by Reed from accounting, would cost 50,000 to implement, and is projected to yield 60,000 in benefits. What is the predicted return on investment for Project Moneybags? 5. Upon further inspection, you realize that while the costs associated with Project Moneybags must be paid up front, the benefits will not be received until three years hence. Assuming a rate of return of 12%, what is the net present value of Project Moneybags? Does Project Moneybags still live up to its name

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