Cloud computing
Uma Devi
Discuss the purpose of the Capability Maturity Model.
Capability Maturity Model (CMM) is a process or a set method that is generated to help in refining the development process of an organization’s software. A US-sponsored research center refereed as the Software Engineering Institute is the developer of the CMM to help in solving engineering issues in software developments in organizations (Le, & Hoang, 2017). Software development is a costly process, and more so may have significant impacts on the organizations once implemented; thus, its capability needs to accessed and guaranteed in due course (Titov et al, 2016). CMM gives and applicable standardization framework that the organization can follow while developing the software to enhance its effectiveness. CMM provides a five steps evolutionary process that can enhance the maturity of the software. The five steps maturity levels are defined as follows;
Level one: Initial- The software process at this level is inconsistent and sometimes chaotic. Most processes are in constant change with those that are static being undocumented. Most of the operations at this level are reactive. The organization’s success at this level is usually dependent on an individual’s talent, heroics, and effort, rather than the other (Le & Hoang, 2017).
Level two: Repeatable- Some processes at this level are repeatable with ideally consistent results. However, the majority of the defined systems are still not found. The organization’s software development has consistent management processes used to track functionality, cost, and schedule. The key characteristic in this level is program management. The program manager is considered responsible for writing the code. The most advanced program managers are also program specialists. Program specialist is considered as the manager responsible for programming software on certain systems for example web server, database, or file processing engine (Le & Hoang, 2017).
Level three: Defined- Most of the processes at this level are static and documented, such as engineering activities and management. Organization projects at this level utilize an approved tailored form of software process (Le & Hoang, 2017).
Level four: Managed- Most processes at this level are adjusted and controlled to improve quality. There are set organizational quantitative quality goals for software maintenance and process. The performance processes are quantitatively predictable, and they are controlled by statistical and quantitative techniques (Doss et al. 2017).
Level five: Optimized- At this level, the focus is on continual improvement of existing performance processes. The continual improvement is incremental, as well as innovative technological improvements. Any changes made at this level are to enhance the performance process in addition to maintaining statistical stability (Doss et al. 2017).
References
Le, N. T., & Hoang, D. B. (2017). Capability maturity model and metrics framework for cyber cloud security. Scalable Computing.
Titov, S., Bubnov, G., Guseva, M., Lyalin, A., & Brikoshina, I. (2016). Capability maturity models in engineering companies: case study analysis. In ITM Web of Conferences (Vol. 6, p. 03002). EDP Sciences.
Ankitha
Corporate Governance
Corporate governance is defined as the process through which organizations are controlled and directed. It is the system of processes, rules, and practices that helps in balancing the interest of shareholders, suppliers, stakeholders, community and government. It also includes employees, customers, suppliers, and creditors. Corporate governance framework depends on the legal, regulatory, institutional and ethical environment of the community (James, 2020). Corporate governance is the control of the management in the best interests of organizations which includes accountability to shareholders. Corporate governance is important for the organization as it shows the shareholders the organization’s direction and business integrity. Corporate governance helps the organization to build trust with the shareholders. It also helps in promoting the financial feasibility by creating a long-term investment (James, 2020). Corporate governance treats all shareholders equally and also make sure that shareholders are aware of their rights and how to use them. In corporate governance organizations define the code of conduct for all the board members and also appointing new individuals after meeting certain criteria. All corporate governance policies and procedures are disclosed to the stakeholders. In corporate governance all the board of directors maintain a commitment to ensure accountability, fairness, transparency and diversity. Transparency plays a major role in corporate governance. Shareholders reach out to the individuals in the organization who don’t have interest in the organization but benefits from its goods or services. Transparency lets everyone either outside or inside the organization can verify the company’s action. Which eventually helps more individuals to become the shareholders. The other important aspect of corporate governance is security. The clients need to be confident that their information is being kept securely and not accessed by unauthorized users. Corporate governance failures have resulted in problems faced by the organizations. Some of the corporate governance failures are ineffective governance mechanism, non-independent board and audit committee members, management who undermines the role of various governance structures, inadequately qualified members and ignorance by regulators, auditors and analysts. Non-compliance in corporate governance leads to a lack of risk management within a corporation. A large amount of risk laden investments not only hurts the company but also make it not able to repay its creditors. An organization which does not adhere to its corporate governance strategy runs the risk of weakening the confidence of its shareholders.
References
James, M. (2020) Corporate Governance
https://www.corpgov.net/library/corporate-governance-defined/
James, C. (2020) Corporate Governance Definition
https://www.investopedia.com/terms/c/corporategovernance.asp