R2ISC Associates

Cost

Many companies' primarily concern is the cost of the software package.  What they do not realize is that it is usually only 15% to 20% of the project's total cost. Costs are divided into two categories: Onetime Cost and Annual Operating Cost. Onetime Costs are those costs associated with selecting and implementing the package. Annual Operating or recurring costs are the ongoing expenses that you incur by running the software.

Onetime Costs include:

  • Package
  • Modifications
  • Training
  • Conversion

Annual Operating Costs include:

  • Maintenance
  • Support
  • Modifications
  • Training

Sample Cost Worksheet

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