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| Competencies (See related pages) After you have read this chapter, you should be able to: 1. Describe the six phases of the systems life cycle. 2. Identify information needs and formulate possible solutions. 3. Analyze existing information systems and evaluate the feasibility of alternative systems. 4. Identify, acquire, and test new system software and hardware. 5. Switch from an existing information system to a new one with minimal risk. 6. Perform system audits and periodic evaluations. | |||||