Cost benefits and analysis in brief.


In this tutorial, you will learn about, cost benefits and analysis in brief.

Cost benefits and analysis in brief:

The cost-benefit analysis allows us to evaluate or estimate project cost, project benefit, and project maintenance cost. The cost-benefit analysis also determines validation risk, project purchase, and also specifies project timing. There are various issues consider at the time of cost-benefit analysis like:

  1. The number of employees: To determine project cost and benefit we must specify the number of employees and its basic salary with a designation.Where a number of employees and project team size depends on project categories where team size must be specified before development.
  2. The number of operations: Number of operation specifies project duration where project duration also specify or evaluate project cost and benefit.
  3. Database size: Project cost varies due to database size where database size depends upon the operation performed by the project.
  4. Security aspects: For project planning or cost estimation also consider security issues and various project cost security concepts.
  5. Maintenance: Project maintenance also determines project cost where maintenance specified for a limited period of time.
  6. Project category: Project category also specify project cost, project categories specify for a single user or multiuser project.

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