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Explore top gifts · Shop stocking stuffers. Understand the fundamental systems development life cycle and its four phases. Understand several different categories of system development methodologies and how to choose among .Define the traditional systems development life cycle (SDLC) and describe the 7 major phases within it. 2. Compare and contrast the various component-based development methodologies. 3. Describe the selfsourcing process as an alternative to the traditional SDLC. • Provide a framework for developing quality systems using an identifiable, measurable, and repeatable process. • Establish a project management structure to ensure that each system development project is effectively managed throughout its life cycle. The Systems Development Life Cycle There are six parts by the life cycle of systems development: • System Investigation • System Analysis • System Design • System Implementation • System Maintenance • System Evaluation Example of a Data Flow Diagram The diagram below shows the calculation process if a customer receives the cost of.