Managing Risk/Cost
Expected Cost = P(S)*C(S) + P(F)*C(F)
P(S): probability of success
C(S): cost of success
P(F): probability of failure
C(F): cost of failure
cost of ownership >>
cost of purchase
(maintenance, distribution, training)
Need an exit strategy
Need to manage risk
Internet Medical Records - Clinical
IMR Glossary
Last revised: 16 Mar 2002
© 1998
John Faughnan
.