Lack of parking on campus

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Students often complain about the lack of parking on campus. CSU
Parking states, “Peak Demand is Monday – Thursday between 9:30 a.m.
and 2:30 p.m”. However, I know, from personal experience, that finding
a spot on Tuesdays and Thursdays is very difficult. CSU parking has
attempted to address the issue by providing an online app for parking
updates. While this is helpful, there is much more this app could do.
CSU Parking has decided to create, CSUPARKNOW, a revamped version
of the existing app. At this point, the specifications are very vague.
Creating an interactive app is the most important function. Other ideas
include the ability to purchase parking passes or pay for tickets, see
where the available spots are in each garage and offer the option of
holding that spot if you are on route.
1. (5 pts) Imagine you are the End-User. Identify 3 additional functional requirements you would like to see
in the parking app. Do not use any of the suggestions I provided.
2. (5 pts) Identify and describe two (2) non-functional requirements in this scenario.
3. (40 pts) Use your knowledge and creativity to embellish the scenario to include the following
stakeholders:
• Project Manager – Lillian Ibrahim
• Operational Support – Karim Deshaw
• Regulator – Emily Gomez
• Domain subject matter expert – Conor Nahhas
For each stakeholder, state the Stakeholder Category, their name, their role, and their contribution in this
scenario. For example, the end-user, CSU Student, specifies the features that should be present in this
scenario. Include specific details when describing their contributions.

Sample Solution

The foregoing is argued to beget mistrust between the two parties, particularly from the shareholders (employers). Consequently, the mistrust increases the inclination of enhanced monitoring of the agents’ (directors and managers) activities. Upon the foregoing principle lies the foundation of auditing profession (Millichamp & Taylor, 2008). The theory further expounds on the principle agent problem, that is, agency dilemma. The dilemma is said to be occasioned by the inclination of the agent’s inclination to act in his own best interest rather than those of the principal. There is a likelihood of moral hazard and conflict of interest arising in the corporate scene.

It is exemplified that, the principal (shareholders) may be sufficiently concerned that at the likelihood of being exploited by the agent (directors and managers) that a dilemma may arise in hiring the right agents. The foregoing is necessitated by the desire to minimize or get rid of agency costs (Bebchuk & Fried, 2004). According to Adams (1994), the agency theory can provide for richer and more meaningful research in the internal audit discipline. Agency theory contends that internal auditing, in common with other intervention mechanisms like financial reporting and external audit, helps to maintain cost-efficient contracting between owners and managers.

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