Case study on Managing a Purchased System Project------

Q: What are two types of contracts used when purchasing software packages? Explain with references (Include reference link) or pictures...

Can you please help me with this ----- URGENT PLEASE

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ea2. Pant III * Nczuiring Informatias 5younas application the could provide the finm a competitive advantage if sodware packages can he implemented foe relatively coenmat poceven that powide no epecific stralegic advartage. Two potential ling-tern advartages ane application quality and the infasian od eviernel cxpertive. The qualidy of a wottware package miglat he subatastially betice than that of a custones syaiem, hecaze a vendor can affired to ppend much mare time and effiort developing the y3 sicm than an individual cumpany. Also, the package mary inclade beut practices we chricen ad bext practions for dEfferent situatism. The decumentation can be muck beter than the typecal is-hcuse documentation, and now release of the package might incorporale improvenentx nocemmended by cunpanies that are using the systen. FGuke 10.7 Advantages and Duadvantages of Purchading Farthermere, each release iz uvally thorvedigly tected, Padeaged Sottwane inclading a beta iect in a client erganization. Firally, a packapod malation is a quidk way to infuse Rurchasing Advantages and Disadvantages new expertie-beth If expertise and busincs experticeaged software wolaticm. tion in develop syederan uning newer iechachogics. Packaged walaticen for a particalar industry, ce large EXP syetems, Movavtaces The primary poject advantage is that, abo freqecrtly have bect-in-class poucences and poucadaren nined syvicme, the entire procee will atill require screral implementativen can be very attractive fruen an cconamic Because of an arganization'l nolative unfamiliari'y with the standpaint. Foe caample, a small basinca can obtain a weftware package, the organization might also not be an ble cusiomised application. Avwarring that the vendar hax the orgarization had decignod and cusiom developed. Sorae million in reveruse, the vendar wil have an incuntive to the package, or adding other fanctionality, anly to leam -pend raillions dod dellars on improving the package in lake that the package coald hore providad the same fureweder is isus new releasee. Everyone cuencs cut a winner tienality if it had beca implemanied differently. ing a package, and the vendor mukes a lage-cnough pofit menting a packagod aysien often requires kignificant basiinitial purchae price of a software package night be a iets necd to be aignificarntly invalved in the Definition relatively amall fraction af the total cuec of acquiring and phase to andentand what argairatival changes need to inataling a software package. be made. Furthemane, there aften is more uex revistance A thind temporary advantage is that in-boase is due is the exient of changev requirod in weder to impleancut resuarces coald be freed to develop mivion-ritical the packaped smution