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Cost Benifit Analysis

Cost Benifit Analysis

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Published by Shahanshah
All about cost and benefit analysis

The cost and benefits of each alternative , guide the selection of one alternative over the other

All about cost and benefit analysis

The cost and benefits of each alternative , guide the selection of one alternative over the other

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Categories:Types, Research
Published by: Shahanshah on Oct 29, 2011
Copyright:Attribution Non-commercial

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06/01/2013

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The cost and benefits of each alternative ,guide the selection of one alternative over theother
The outcome is the proposal(projectproposal) that summaries the findings of theanalysis and states the recommendations fordesign.
 
In developing cost estimates for a system ,we need toconsider several cost elementsthey are:-
1.
Hardware cost:-Relate to the actual purchase orlease of the computer and peripherals.2.Personnel cost:- staff salaries and benefits(healthinsurance , vacation time, sick pay etc) cost incurredduring development of system & it is one timecost.labelled developmental cost.
3.
Facility cost:-Include wiring, flooring lighting aircondition etc.
4.
Operating cost:-Day to day operation of the system.
5.
Supply cost:-it is variable cost increase as increaseuse of paper, ribbons , disks and the like.

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