Uma devi discuss the purpose of the capability maturity model.c
1. 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
2. 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
3. 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
4. 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