Small capital requirementsSpeedy developmentSuperior flexibility and adaptability to growing orfluctuating demandKnown cost structureCloudPossibly best-of-breed security/disaster preparednessNo obsolescenceIndustry-wide economies of scale, hence cheaperDependency on vendorPositive:Control of data locationLoss of control over data locationLittle visibility into true security and disaster preparednesscapabilitiesNegative:In-depth visibility of security and disaster preparednessSignificant capital requiredSignificant development effortIn-HouseAnnual maintenance costsOngoing support costsStaff and train personnelIncreased management requirementsDifficult (impossible?) to accommodate fluctuating demandCost uncertaintiesObsolescenceDefine cloud and explain the three key terms in your definition. Using the Figure above as a guide,compare and contrast cloud-based and in-house hosting. In your opinion, explain the three mostimportant factors that make cloud-hosting preferable to on-site hosting.

1) Cloud refers to a network of remote servers that are hosted on the internet and used to store,…

Define cloud and explain the three key terms in your definition. Using the Figure above as a guide, compare and contrast cloud-based and in-house hosting. In your opinion, explain the three most important factors that make cloud-hosting preferable to on-site hosting.

Define cloud and explain the three key terms in your definition. Using the Figure above as a guide, compare and contrast cloud-based and in-house hosting. In your opinion, explain the three most important factors that make cloud-hosting preferable to on-site hosting.

Information Technology Project Management

9th Edition

ISBN:9781337101356

Author:Kathy Schwalbe

Publisher:Kathy Schwalbe

Chapter11: Project Risk Management

Section: Chapter Questions

Problem 3RC

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