Consider costs of a system in light of the five components: costs to buy and maintain the hardware; costs to develop or acquire licenses to the software programs and costs to maintain them; costs to design databases and fill them with data; costs of developing procedures and keeping them current; and finally, human costs both to develop and use the system.
Over the lifetime of a system, many experts believe that the single most expensive component is people. Does this belief seem logical to you? Explain why you agree or disagree.
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Yes this belief seems logical to me. With most other components of information systems (hardware, software, data, and procedures) the costs are upfront with maintence expenses that are relatively small. However with people the cost is a resiliant constant and rather high (especially if the people in question are employees who require wages and other such things as upkeep).
I agree with the person who said that statement. The People factor does play a big part in our society. Being that our society changes everyday and individual needs rise the more improved the system needs to be. therefore the cost to make an information system is expensive to keep up with the society and changes of today.
Agree.
The costs for constructing and implementing a system are often increased (sometimes exponentially) by factoring in the requirements and foibles of the people involved. Not only do you require training to use the system and adjust for mistakes made by those people, but you have a turnover cost of training for incoming employees.
I also agree with what it is saying! With the costs of everything going up and technology improving, things are going to cost more to build and put together. And of course the cost expenses for labor.
I agree with the experts. Unless you buy extremely expensive experimental hardware and software that is constantly having to be changed out, then people are your most volatile expense. They require training and other large expenses and can leave at a oments notice leaving your company to foot the bill of training another employee. In general less experience means that they cost more to keep around. It,s a nice little catch 22.
I agree too because there is going to be a cost for the people to develop and maintain it (of course, payment for services, cost of training, etc.) People are always involved in using a system, espeically having to keep it up-to-date and required maintenance. I think people are the most expensive because they are the most important part of a system.
I totally disagree. Just kidding. No I agree that the main purpose for the majority of humans is to make a living. Therefore, it would not be nearly as expensive if it weren't for people. The hardware and software involoved is only expensive because someone sold it for a profit. And the person/people actually designing the system have to make there end on it.
I agree that the single most expensive component is people. This belief is logical because a system is only as good as the information you put in. All systems must have some one to set up and input data for effective use. There are many decisions to be made prior to setting up a system. Evaluating the needs and requirements, evaluating the work environment, designing the work flow and developing procedures to maximum effeciency is ideal.
The human factor is constantly changing. From the board members, users and employees. Each human variable changes constantly. Therefore, in a system the human component is the most expensive cost. From establishing job descriptions, hiring, training, updating, working together with other team members is costly.
I definately agree. Machines and hardware are things that aren't constantly changing and demanding more money as time goes on. They do the job they are made for and you pay a single price for them. People aren't that way, they expect raises and higher wages as the cost of things rise. Also, people require training and there is constantly the need for more people coming.
I somewhat agree and disagree. I agree because people do put their time and effort into maintaining a system. Their salary and wages go up and down with the economy. And it also goes up with each step up the latter.
I disagree because the cost of buying and maintaining hardware can get expensive, especially if a company wants the best it can get out of a system. And sometimes the hardware can break down and new hardware needs to be bought or it needs to be serviced outside the company. The expenses keep piling on as time goes by.
Basically, I think that the cost of a system outweighs the cost of people.
I agree that people are very expensive. Systems generally can't run on their own. There is people interaction all along the way--from design, to building, to using. I'm not only thinking about wages, but all required training, PTO, sick leave, insurance, raises, profit shares, etc. I am sure the list can go on and on. But, in my opinion people are of vital importance and the cost of good worker doesn't matter as much--as long as it is within budget of course. It's better to keep well trained individuals rather than contuing to hire and train new people constantly.
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