The term CATWOE provides a framework for defining and analysing business perspectives. In a project, which letter of CATWOE should be first understood by the business analyst?

What is the first stage of the waterfall systems development lifecycle?

It has been suggested that five clerical posts can be abolished when a new computer system is implemented.
Under which category of costs or benefits will this be recorded?

Which of the following represents the total cash flows of an investment, over a period of time, adjusted to reflect the time value of money?

In which of the following categories would return on investment be considered when assessing the feasibility of a project?