“There is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage than the creation of a new system” Machievelli. The development of a new computer system represents an area of potentially significant risk to an organisation. New computer systems are developed to meet a variety of business needs, whether they be to meet new legal requirements, to maintain or enhance profitability, to improve efficiency or to reduce costs. The failure of a new system could have a major impact on an organisation’s future viability and well being. A review of an organisation’s financial statements will usually indicate that, with minor exceptions, the development of.
