2023 IT Examiner School

What is Acquisition?

Acquisitions are similar to development projects in that management approves project requests, defines functional, security, and system requirements, and appropriately tests and implements products.

Quality assurance, risk management, and testing

Project standards and procedures

Project plans

Definitions of product requirements

Involvement by all affected parties

Acquisition key areas

Acquisition requires a management to review potential vendors' financial strength, support levels, security controls, etc., prior to obtaining products or services.

Vendor selection and review

Contract negotiation and license reviews

Monitoring (SLAs)

Software escrow arrangements

Disposal End-of-Life (EOL)

Change Control