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Software Project Management Lec12-1

The document discusses the process of selecting and interpreting cost-benefit evaluation techniques for project analysis. It emphasizes the importance of identifying both direct costs and benefits, noting that while some are easily measurable, others may be estimated and uncertain. The ultimate goal is for organizations to analyze these results and take appropriate action based on the findings.

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0% found this document useful (0 votes)
14 views1 page

Software Project Management Lec12-1

The document discusses the process of selecting and interpreting cost-benefit evaluation techniques for project analysis. It emphasizes the importance of identifying both direct costs and benefits, noting that while some are easily measurable, others may be estimated and uncertain. The ultimate goal is for organizations to analyze these results and take appropriate action based on the findings.

Uploaded by

555bsyadav555
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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have to select a cost benefit evaluation technique we will see there are various cost

benefit evaluation techniques are there we will see them.

Then we have to interpret the results of this cost benefit evaluation techniques for
analysis and then after analyzing the results of the cost benefit evaluation techniques, we
somebody are the organization it has to take appropriate action. So, now, let us see the
first step.

(Refer Slide Time: 05:10)

The first step is identifying the cost and the benefits pertaining to the project. You know
that the certain cost and benefits that easily identifiable. For example, direct cost such as
purchasing a computer and payment to the what a staff members etcetera they can be
easily identified.

These direct and the direct benefits very often they relate one to one to the direct cost,
the direct benefits will directly relate to the direct cost especially the savings that may be
obtained from reducing the cost in the activities in the questions they can be mapped to
the what benefits. Some direct cost and benefits may not be well defined they cannot be
clearly identified since they represent some estimated cost they are not the actual cost
they are estimated cost or they are estimated benefits that have some uncertainty.

So, they cannot be clearly defined, they cannot be clearly measured examples are like the
cost reserved for bad debt etcetera. So, this types of direct cost or this types of some of

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