Cost-benefit analysis
This refers to a phase in the project selection process whereby the economic performance to a
proposed system project is evaluated in terms of the probable costs and benefits.
Cost items considered during a cost-benefit analysis:
o Hardware costs.
o Telecommunication costs.
o Software costs.
o Service costs e.g. training of users, maintenance
o Personnel costs.
gregorymasila answered the question on November 20, 2017 at 16:09
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