Application of cost/effectiveness analysis to EDP system selection

Abstract

A conceptual approach for evaluating and selecting among alternative Electronic Data Processing (EDP) systems proposed to meet a set of EDP user needs has been developed by applying cost-effectiveness methods and techniques to the source selection problem. The report provides a framework that allows the EDP system eveluator to combine the selected relevant system performance measures and the related cost elements to arrive at a rational defendable selection decision.

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