Early in my career I did cost analysis work for DoD hardware and
software projects and learned a number of methods, tools, etc. that I
still use today. Primarily I've seen bottoms-up methodology used for
original cost analysis and parametric methods for comparative estimates,
life cycle, TCO, sanity checks on vendor supplied estimates and filling
holes in bottoms-up studies. I've included the web sites of two costing
societies. ISPA has an online book on parametric analysis methods. I'd
be happy to discuss this more with you off line if you wish.
International Society of Parametric Analysts (ISPA)
The Society of Cost Estimating and Analysis (SCEA)
Chief Information Officer
Tennessee Board of Regents
From: Marty Ringle [mailto:[log in to unmask]]
Sent: Sunday, June 26, 2005 1:39 PM
To: [log in to unmask]
Subject: [CIO] Cost-benefit analysis
Most higher ed CIOs acknowledge the value of performing cost-benefit
analyses, yet there is often a surprising degree of vagueness about the
details of such analyses. I'm poking around a bit this summer to see
if I can get a some clarity on the topic and would appreciate any
information you can provide. Specifically:
(1) Does your IT organization conduct cost-benefit analysis for
potential (or existing) IT investments?
If the answer to question #1 was 'yes' and you have the time to spare,
please send me:
(2) any available information about the methods, tools, or standards
you use for such analyses;
(3) pointers to resources (print or online) that helped you to define
your approach to cost-benefit analysis;
(4) a pointer to (or copy of) an actual cost-benefit analysis document
you have used in recent decision-making (this material will be treated
as confidential unless permission to cite is explicitly provided).
Chief Technology Officer
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