Cost and Benefits Analysis of Research and Community Services Information System Development

Maksy Sendiang, Marike Kondoj, Jeannely Rangkang

2021

Abstract

In this technological age, the availability of information systems that meet an organization’s demands is critical. Manado State Polytechnic is a community-based educational institution that continues to encourage its members to develop in order to meet the demand for software infrastructure that can support each work unit’s performance. Polytechnics must identify and quantify linked costs and benefits in software development in order to maximize the use of current financing resources. The expenses of research and service are compared to the costs of system development in this study using the Cost and Benefit Analysis approach. The results of the calculations show that the ratio is greater than 1, at 1.18, indicating that the value of the benefit is greater than the resulting cost, indicating that the alternative is more profitable, accounting for approximately 10% of the total investment if the information system is developed. We can get tangible benefits from reducing operational costs and intangible benefits, namely increasing satisfaction and decision making.

Paper Citation

in Harvard Style

Sendiang M., Kondoj M. and Rangkang J. (2021). Cost and Benefits Analysis of Research and Community Services Information System Development. In Proceedings of the 4th International Conference on Applied Science and Technology on Engineering Science - Volume 1: iCAST-ES, ISBN 978-989-758-615-6, pages 82-85. DOI: 10.5220/0010940400003260

in Bibtex Style

@conference{icast-es21,
author={Maksy Sendiang and Marike Kondoj and Jeannely Rangkang},
title={Cost and Benefits Analysis of Research and Community Services Information System Development},
booktitle={Proceedings of the 4th International Conference on Applied Science and Technology on Engineering Science - Volume 1: iCAST-ES,},
year={2021},
pages={82-85},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010940400003260},
isbn={978-989-758-615-6},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 4th International Conference on Applied Science and Technology on Engineering Science - Volume 1: iCAST-ES,
TI - Cost and Benefits Analysis of Research and Community Services Information System Development
SN - 978-989-758-615-6
AU - Sendiang M.
AU - Kondoj M.
AU - Rangkang J.
PY - 2021
SP - 82
EP - 85
DO - 10.5220/0010940400003260