Cost considerations
Throughout the entire systems development life cycle,
project managers and system analysts must be concerned
with costs. Estimates of projected costs and benefits must
be determined at the end of each SDLC phase as input to
the end-of-phase management decision.
Cost classifications
Costs can be classified as tangible or intangible, direct
or indirect, and fixed or variable.
Benefit considerations
Recognizing and understanding the various
classifications of benefits is helpful when you want to
identify all the benefits of an IS project. Like costs,