Transition Costs

Costs involved in switching applications and databases from one system to another are commonly underestimated. Many businesses treat transition costs as a secondary issue and give them less scrutiny than capital investment or ongoing operating costs. Even organizations that handle other aspects of the costing process with diligence often tolerate a great deal of vagueness regarding the time and expense required for transition.

This imprecision also extends to many claims of cost savings. Most of the figures quoted by vendors, consultants, and the media refer to purported savings in operating costs, not to net gains after transition outlays. Moreover, operating costs may be artificially low early in the few years following a change precisely because major one-time investments have been made in new hardware and software, with applications that are relatively new and require little maintenance.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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