COST-BENEFIT ANALYSIS – PART OF A KNOWELDGE MANAGEMENT SYSTEM Cover Image

COST-BENEFIT ANALYSIS – PART OF A KNOWELDGE MANAGEMENT SYSTEM
COST-BENEFIT ANALYSIS – PART OF A KNOWELDGE MANAGEMENT SYSTEM

Author(s): Iulia Grecu, MANUELA Grigore
Subject(s): Education
Published by: Carol I National Defence University Publishing House
Keywords: The enterprise information system; Transaction Processing Systems; Management Information Systems; Decision Support Systems; Knowledge

Summary/Abstract: The enterprise information system is the system that includes all enterprise components whose actions are of informational type. In each information system on retrieve varies elements: decision makers, users, processing devices and system software together with application programs, communication devices etc. The main objective of the information system is to supply, to the enterprise decision makers, the needed information to control, decide an act, that means those information that have value for decision maker. Attributes associated methods of organization and coordination are intended for implementation by project management and operating method based on ADC (critical path analysis), LAC (Analysis Critical chain) or the method ACB (cost benefit analysis). By using these software categories ensure planning and tracking the dynamic processes of investment, realized to minimize the duration of the project in maintaining a certain level of consumption of material resources, human and financial. There was need for such methods capable of identifying the conditions assisted by computer, and allow organizations to attribute the forecast in the economic efficiency. On the basis of the functioning of such software is the phenomenon of extrapolation that assumes that from an evolutionary earlier known of economic indicators and taking into account those in the future will not change the factors that have influenced this development, to forecast, with an acceptable accuracy, the evolution of these indicators on a specific time horizon. In this paper we present a model of investment project for which we calculate the main financial performance indicators using the computer-assisted methods.

  • Issue Year: 9/2013
  • Issue No: 01
  • Page Range: 422-431
  • Page Count: 10
  • Language: English