Question 3.

Answer the following sub questions on software contracts.

a) Lawyers are expensive but they are indispensable when organizations try to obtain IT services from a third party provider. What is the case for engaging a legal team to assist with contracts? [5 marks]

b) Identify and briefly describe FOUR (4) legal contracts that can be signed between an organization and a vendor for using software hosted in the cloud and discuss the purpose for each one of them. [5 marks]

c) In negotiating with third party service providers, how can an organization maintain a favorable negotiating position? Identify and briefly explain the best strategy an organization can take to achieve the best outcome through negotiation. [5 marks]

d) Discuss briefly the reasons for managing contracts and list with explanations FIVE (5) tasks related to contract management. [5 marks]