Explain Why It Is Easier to Assess the Costs of an IT

question 7

Short Answer

Explain why it is easier to assess the costs of an IT project than to assess the benefits.What factors complicate the cost estimates? What factors complicate the benefits estimates? Do the risks associated with the project primarily affect the costs or the benefits? Why?

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Definitions:

Interval Schedule

In operant conditioning, a reinforcement schedule where rewards are given after a variable or fixed duration of time has passed.

Ratio Schedule

A type of reinforcement schedule in operant conditioning where a response is reinforced after a specified number of responses.

Continuous Reinforcement

A method in behavioral psychology where a desired behavior is reinforced every time it occurs, leading to faster learning.

Partial Reinforcement

A conditioning strategy where a behavior is reinforced only some of the time, often making the learned behavior more resistant to extinction.