Consider an investment area with which you are familiar. Suppose that development of a financial model which can be used to evaluate a range of investment proposals is being contemplated.
(a) Identify some of the uses to which such a model could be put.
(b) Which financial performance criteria would you consider to be most appropriate for these types of applications? Explain your logic.
(c) How would you suggest the generic model should be designed? Suggest a model structure and set of features, and illustrate with diagrams.
(d) What default data do you think would be useful to include in this model?
(e) Develop designs for:
(i) the opening computer screen for the model
(ii) data input screens
(iii) data output screens.
(f) Explain how such a model could be tested and how it might be maintained.