MIS 2000 Lecture Notes - Lecture 3: Software License, Cloud Computing, Instructional Design
Document Summary
Module 3 ist sourcing, total cost of ownership. In this module, we will learn about it sourcing and total cost of ownership of it/is. In this module, we will explore answers to these questions. Upon completion of this unit you should be able to: understand the total cost of ownership of ist, understand different approaches of it sourcing, and pros and cons for these approaches. Read article 1 before reading the following comments. The tco of a computing system is an organization"s total cost for acquiring and maintaining that system. I like hawkins" definition; however, i did not follow hawkins" categorization of cost types exactly, because they are too detailed to remember. The following lists the cost types that i use. Research: conducting research or searching for candidate products. (note: some people do not think this should be part of the cost for a particular system).