Discuss the process of verification and valuation of investments in a company.

Verification Process Steps

The three (3) steps in the verification process include: 

• Step 1: Planning
• Step 2: Execution
• Step 3: Reporting

Step 1: Verification Planning 

Verification planning is performed at each level of the system under development. The following activities describe the development of a verification plan:

• Verification Method and Level Assignments: Defines the relationships between the specified requirements method and level of verification. This activity typically yields a Verification Cross Reference Matrix for each level of the architecture and serves as the basis for the definition of the verification tasks. The level of verification is assigned consistent with the level of the requirement (e.g., system-level, subsystem level, etc.). Verification activities include Analysis, Inspection, Demonstration, and Test. (see below) Choice of verification methods must be considered an area of potential risk. The use of inappropriate methods can lead to _________ ________ _______ _________ _______.
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