Building a TCO model is an easy task.

Question

Quizplus · Accepted Answer

Building a TCO model requires a significant amount of effort and expertise to accurately capture all the costs associated with an IT project or investment, and requires a deep understanding of the organization's business processes, technology infrastructure, and financial accounting. It involves calculating not only the immediate costs of hardware, software, and implementation, but also ongoing operating costs, maintenance and support costs, and potential costs of downtime, cybersecurity breaches, and other risks. Therefore, building a TCO model is not an easy task.

Building a TCO Model Is an Easy Task