Headings: 1: Development costs 2: Setup costs 3: Operational costs 4: Direct benefits 5: Assessable indirect benefits 6: Intangible benefits | Question: Brightmouth College are considering the replacement of the existing payroll service, operated by a third party, with a tailored, off-the-shelf computer-based system. List some of the costs and benefits they might consider under each of the six headings given above. For each cost or benefit, explain how, in principle, it might be measured in monetary terms.

Information Technology Project Management
9th Edition
ISBN:9781337101356
Author:Kathy Schwalbe
Publisher:Kathy Schwalbe
Chapter4: Project Integration Management
Section: Chapter Questions
Problem 4E
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Headings:
1: Development costs
2: Setup costs
3: Operational costs
4: Direct benefits
5: Assessable indirect benefits
6: Intangible benefits
Question: Brightmouth College are considering the replacement of
the existing payroll service, operated by a third party, with a tailored,
off-the-shelf computer-based system. List some of the costs and
benefits they might consider under each of the six headings given
above. For each cost or benefit, explain how, in principle, it might be
measured in monetary terms.
Transcribed Image Text:Headings: 1: Development costs 2: Setup costs 3: Operational costs 4: Direct benefits 5: Assessable indirect benefits 6: Intangible benefits Question: Brightmouth College are considering the replacement of the existing payroll service, operated by a third party, with a tailored, off-the-shelf computer-based system. List some of the costs and benefits they might consider under each of the six headings given above. For each cost or benefit, explain how, in principle, it might be measured in monetary terms.
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