Home Grounds characteristics: $-$ Complexity: High $($due to various tax calculations andformulas$)-$ Size: Medium $($supports up to $50$ users$)-$ Familiarity: Low $($developers are new tothe reporting tool$)-$ Stability: High $($formulas are based on state laws and regulations$)-$Urgency: Medium $($prioritized revenue sources$)$Step $2/42.$ Plotting the characteristics on a radar chart: $-$ Complexity: High $-$ Size: Medium $-$Familiarity: Low $-$ Stability: High $-$ Urgency: MediumStep $3/43.$ Choosing the approach: $-$ Hybrid approach: This project has a mix of high complexity, lowfamiliarity, and high stability. A hybrid approach would allow for a balance betweenplanning and flexibility, making use of both BRUF $($Big Requirements Up Front$)$ andemergent requirements. $-$ BRUF: The project can start with a detailed plan for the prioritizedrevenue sources, as they are based on stable state laws and regulations. $-$ Emergentrequirements: As the developers become more familiar with the reporting tool and worktogether, they can adapt and refine the requirements for the remaining revenue sources.Answer$4.$ Project team appropriateness: $-$ The project team consists of experienced developerswho are new to the reporting tool and unfamiliar with each other. This may initially slowdown the progress, but as they gain familiarity with the tool and collaborate, they should beable to work effectively.In conclusion, the recommended approach for this project is an Agile hybrid approachwith a focus on BRUF for the prioritized revenue sources and allowing for emergentrequirements as the developers become more familiar with the reporting tool and work Together

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