1. Describe in detail the three primary types of cloud computing models (i.e., SaaS, PaaS, and IaaS) used to support IT organizations and their respective demarks of ownership (relative to facility, application, hardware, platform architecture, and security)? Secondly, outline the benefits and potential risks of outsourcing core IT functions by integrating each of these cloud computing models verses keeping them inhouse?2. Identify and provide a detailed explanation of the various cloud computing deployment models?3. What should an IT organization take under consideration before integrating with a cloud service (i.e., capabilities, contractual, security, data, controls, processes, performance, etc.)?4. Define and explain the six supplier selection and management processes?5. Why is developing a formal IT vendor management program important?6. For each of the scenarios describe the steps you would take:a. Managing vendor transitions; onboarding a new vendor and offboarding of an existing vendorb. Poor vendor performance and ensuring accountabilityc. Minimizing contractual disputesd.  Ensuring successful relationship management7. What are the four primary contract engagement models? For each model provide the costing attributes and typical scenarios of when they are used?

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