And this money is required to be raised from the market as the company does not generate this amount of revenue either from profits or from internal accruals. (DeHayes, 2003) 5. What should Tim do now? After taking into account all the known and understood pros and cons, there are some points on which Tim has to take action. These are (i) the manner in which to raise capital needed either

It is possible to avoid becoming a victim of such crimes through some basic precautionary methods. Firstly, it is essential to store or discard personal information in a careful manner. This means personal documents should not be left lying around or shared through internet. All personal information should be stored in a secure place. All sorts of old receipts, expired cards, bank statements and checks should be disposed of

Migrate off of any individualized content management systems and processes not integrated to a single portal platform for greater cost and time savings in administration. Olson (32) provides an excellent case study on how universities are making use of open source portal applications to alleviate redundant and often conflicting data in multiple portals on an IBM WebSphere platform Define and build out a portal development plan that encompasses all shared processes

4. Control Phase: This phase is the one in which maintaining the project within the "scope, cost, and schedule" as well as "within acceptable quality" is addressed due to the possible variables. "Unknown or unproven technologies....make these projects difficult for the project manager to baseline the scope, schedules, and costs during the Planning Phase." (Systems Lifecycle Development, 2001) Key deliverables in this phase are the development, testing, implementation and documentation

Often information systems projects require two or more project teams to collaborate with one another to complete critical foundational elements of a new information system, and the dependences of each of these tasks needs to be shown and clearly communicated to all members of a project team. In addition, these tools and techniques must also take into account the requirements of the entire lifecycle of the product (Stewart, 203).

Another study found that there are many different strategies that are utilized when information technology is developed within the federal government and many of these tend to come not from the top managers but from the management instead (Gupta, Holladay, & Mahoney, 2000). Much of this has to do with the fact that the top managers in the federal government are often political appointees and therefore know somewhat less about