GRANT TO PROVIDE AN INTRODUCTION AND SOME REFLECTIVE NARRATIVE

In order to assess the decision of an insitution or company to invest in software or other technology, a break-even analysis can be utilized to investigate the benefits and risks. In addition, this analysis reflects on barriers to implementing innovation, assessing risks, and strategic management of these risks.

Bean Counting 101 … A Case for Completing Cost Effectiveness Analysis in Distance Education Programs

Though the decision may be cost-effective, significant effort must be expended for successful technology implementation, and organizational readiness and business culture must be taken into account. AN example of work related to cost effectiveness analysis is included below:

Break-even Analysis of a Planned Technology Innovation