Hi, need to submit a 1500 words paper on the topic Quality Management Principles. &nbsp.On inquiry, several factors emerged – incomplete software, lack of adequate testing, high-risk implementation approach, improper assumptions made during specification, no communication with users and clients during development, to name a few (Finkelstein & Dowell 1996). London Stock Exchanges TAURUS project. The International Stock Exchanges TAURUS project, which was planned as a database of investors and their holdings, was abandoned in the early 1990s. Research shows several factors are responsible for this failure: improper cost-benefit analysis, no defined template, too many stakeholders with rival interests. The project was awarded to a US company which attempted to customize the software for UK requirements, and a package that would have cost £1 million amounted to £14 million (International Stock Exchange: TAURUS Project n.d.).

Hi, need to submit a 1500 words paper on the topic Quality Management Principles. &nbsp.On inquiry, several factors emerged – incomplete software, lack of adequate testing, high-risk implementation approach, improper assumptions made during specification, no communication with users and clients during development, to name a few (Finkelstein & Dowell 1996).
London Stock Exchanges TAURUS project. The International Stock Exchanges TAURUS project, which was planned as a database of investors and their holdings, was abandoned in the early 1990s. Research shows several factors are responsible for this failure: improper cost-benefit analysis, no defined template, too many stakeholders with rival interests. The project was awarded to a US company which attempted to customize the software for UK requirements, and a package that would have cost £1 million amounted to £14 million (International Stock Exchange: TAURUS Project n.d.).