Calculating Total Cost of Ownership
I want to start budgeting for Total Cost of Ownership expenses, but I'm not sure where to begin. Can you recommend a resource that would help me project some actual figures?
Experts say that whether you plan for it or not, a well supported technology program requires annual expenditures of 30-50% of the original investment to keep things up and running. The Consortium for School Networking now offers schools and districts a free, online tool they can use to determine their Total Cost of Ownership for technology.
You can access the tool, along with background information and case studies at http://classroomtco.cosn.org/gartner_intro.html.
Submitted by: Susan Brooks-Young
Next Tip: Embed Technology Use in Content Specific Professional Development
Tech & Learning Newsletter
Tools and ideas to transform education. Sign up below.