Why Is It Important That the Systems Professionals Who Design

question 58

Essay

Why is it important that the systems professionals who design a project not perform the detailed feasibility study of the project?

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Definitions:

Capital

Financial assets or physical goods that have value and are used in the production of other goods and services, such as machinery, buildings, or money.

Capital

Resources such as machinery, buildings, and equipment used in the production of goods and services.

Dormitories

Residential facilities provided by educational institutions for students to live in.

Implicit Costs

The opportunity costs that arise from using resources that could have been employed in an alternative use but were instead utilized in the current operation without direct payment.