VenturesScan - Software Audit for the Venture Capital Community

KEY ISSUES : PROCESSES

Software development projects require many administrative processes to be in place.

Sadly many developers are averse to 'tedious housekeeping procedures', and so may ignore essential steps in the life-cycle of a software development project.

For example, we see over-keen developers jumping straight into the coding stage. This approach is invariably doomed - or at the minimum will lead to huge cost overruns.

Investors need to ensure that any software based project has solid internal control processes in place.

A VentureScan software project audit will highlight any areas in the software development processes which might be of concern to an investor.