ManagementUpdate.info


Quote of the Day

We are all robots when uncritically involved with our technologies.

Marshall McLuhan

Total Cost of Ownership

Total Cost of Ownership or TCO is an estimate of a total financial and/or non-financial outlay associated with acquiring, operatng and maintaining an asset.The main purpose of TCO is to compare different options in procuring an asset that extend beyond comparing just the initial investment costs.Operating expenses may include floor space, electricity, fuel, testing, training etc. Maintainance or long-term expenses include replacement, future upgrade or scalability expenses and decommissioning.

30 May 2011 03:55:11

Need more information on Total Cost of Ownership?

Site Navigation

  • Home
  • Archive
  • Blog Feeds
  • Contact
  • Site Map

  • Categories:

  • Corporate Governance
  • Financial
  • Human Resources
  • Information & Knowledge
  • Management & Leadership
  • Marketing & Branding
  • Organization Development
  • Performance & Quality
  • Risks & Strategies