Part ONE: INTRODUCTION AND FOUNDATIONS

Part One introduces making software technical decisions in a business context and provides the background needed to understand the rest of the book. The concepts and techniques presented in this part include the fundamentals of business decisions, the time value of money (interest), financial equivalence, along with ways to characterize proposed solutions such as present worth, internal rate of return, and discounted payback period. When you understand these concepts and techniques, you'll be ready to see how to make business decisions in for-profit organizations (Part Two and Part Three) and in nonprofit organizations (Part Four).

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